The correct answer is August 2018, Pradeep Singh Kharola is the current Chairman and Managing Director of Air India.As of now the current Chairman and Managing Director of Air India is Rajiv Bansal.Air India was founded on 15 October 1932 and its headquarter is located in Delhi.Air India had its origin as Tata Air Services later renamed to Tata Airlines founded by J. R. D. Tata of Tata Sons, an Indian aviator, and business tycoon.On 15 October 1932, Tata flew a Puss Moth carrying air mail from Karachi to Bombay.After World War II, regular commercial service was restored in India and Tata Airlines became a public limited company on 29 July 1946 under the name Air India.After Indian independence in 1947, 49% of the airline was acquired by the Government of India in 1948.