Tata SIA Airlines incorporated as an airline venture

Tata Sons Ltd, the holding company of the Tata group, holds a majority 51 per cent stake in the joint venture airline while the Singapore International Airlines holds the remaining 49 per cent

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Tata SIA Airlines Ltd, the joint venture between the Tata group and Singapore International Airlines (SIA), has been incorporated as a public limited company with the filing of all requisite documents and details with the corporate affairs ministry.

The new company, with a total paid-up capital of Rs5 lakh, was incorporated on 5 November, with its registered office in New Delhi, according to information available with the corporate affairs ministry.

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