What is the Full Form of IAC ?

IAC
Indian Airlines Corporation 

Indian Airlines Corporation - Indian Carriers become a division of Air India Restricted. It changed into located in Delhi and zeroed in basically on homegrown guides, alongside some international administrations to adjacent countries in Asia. It was a department of Air India Restricted after consolidation of eight pre-Freedom homegrown airlines.On 10 December 2005, the provider become rebranded as Indian for selling as a bit of a application to patch up its photo in anticipation of a primary sale of inventory (Initial public supplying). The aircraft worked intimately with Air India, India's public abroad transporter. Partnership Air was a completely claimed auxiliary of Indian.In 2007, the Public authority of India stated that Indian Carriers might be converged into Air India Restricted as its completely possessed auxiliary . As a function of the consolidation cycle, any other organization known as the Public Flight Organization of India Restricted (presently known as Air India Restricted) changed into laid out, into which both Air India (along Air India Express) and Indian (alongside Collusion Air) would be mixed. When the consolidation was completed, the carrier - referred to as Air India - could keep on being settled in Mumbai and would have an armada of more than one hundred thirty airplanes. The consolidation was finished on 26 February 2011.The service become set up underneath the Air Partnerships Act, 1953 with an underlying capital of Indian Rupee symbol.Svg 32 million and started process on 1 August 1953. It changed into laid out after regulation came into energy to nationalize the entire carrier industry in India. Two new public aircrafts were to be framed similarly as befell within the Unified Realm with English Abroad Aviation routes Company (BOAC) and English European Aviation routes (BEA). Air India took over global publications and Indian Carriers Enterprise (IAC) assumed manipulate over the homegrown and provincial publications.