Air India The flag carrier airline of India, Air India is owned by the Indian government through Air India Limited. The airline has hubs in Mumbai and Delhi and flies to international destinations including Hong Kong, Tokyo and Dubai. Originally founded as Tata Sons in 1932, the airline was renamed Air India in 1946 and the Indian government purchased a majority share in the airline 7 years later. Flying Returns, Air India’s frequent flyer program, can be joined by visiting AirIndia.com. The airline offers passengers complementary wine and cocktails, as well as specialty foods.