JRD Tata to Vijay Mallya: The Story of India's Airlines Business

In this episode, author and journalist Puja Mehra speaks to senior aviation journalist Ashwini Phadnis and former Senior Deputy Editor at Business Line (aka The Hindu Business Line) about the long and chequered history of India’s civil aviation sector—from the post-Independence days of Air India under JRD Tata to the airline’s recent crash under Tata Group ownership. They trace how government policy, corporate decision-making, and regulatory uncertainty shaped the rise and fall of airlines like Jet Airways, Kingfisher, Air Deccan and Air Sahara. Ashwini draws on decades of reporting to unpack the behind-the-scenes politics, failed mergers, and missed opportunities that brought down some of India’s best-loved carriers. He also reflects on what made Indigo a standout success—and what Air India must fix if it is to rebuild trust. Tune in for insights into Indian aviation, past and present.