Ratan Tata shared the old picture as soon as he got the command of Air India, wrote – Welcome back
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New Delhi: Ratan Tata on Friday welcomed the government’s decision to accept Tata Sons’ Rs 18,000 crore bid to acquire Air India. He said the airline provides a strong market opportunity for the group. However, a lot of effort will be required to bring the debt-ridden Air India back on track. “Welcome again to Air India,” he said.
Tata said in a statement, “Tata Group’s winning bid for Air India is great news.” That this will provide a strong market opportunity for the Tata Group’s presence in the aviation industry.”
Welcome back, Air India pic.twitter.com/euIREDIzkV
— Ratan N. Tata (@RNTata2000) October 8, 2021
The government on Friday said that the Special Purpose Vehicle (SPV) of Tata Sons has successfully made a successful bid to acquire Air India, overtaking SpiceJet promoter Ajay Singh-led conglomerate. With this Air India has gone back to Tata. The airline was founded by Tata. Later it was nationalised.
Tata said, “…Air India once under the leadership of JRD Tata had gained the reputation of being one of the most prestigious airlines in the world.” Will get the opportunity to achieve what he had achieved in the past. Tata said, “JRD Tata would have been very happy if he was among us today.” He thanked the government for opening up select industries to the private sector.
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