MIce Affairs Media Group, News Bureau, 08 Oct 2021
Air India is back to TATA's after a gap of 68 years, Yes you heard it right.....
TATA has won the bid for Maharaja for INR 18000 Crores.
Tata has outbid a consortium led by Spicejet for this deal. Currently, Air India has 127 aircraft and operates in 42 international destinations.
Meanwhile, Rata Tata has tweeted with an old picture of Air India citing the emotional bond with AI. And the quote goes:
"The TATA group winning the bid for Air India is great news! While admittedly it will take considerable effort to rebuild Air India, It will hopefully provide, A very strong market opportunity to the TATA group's presence in the aviation industry. On an emotional note, Air India, under the leadership of Mr. JRD TATA had, At one time, gained the reputation of being one of the most prestigious airlines in the world. TATA's will have the opportunity of regaini9ng the image and reputation it enjoyed in earlier years, Mr. JRD Tata would have been overjoyed if he was in our midst today. We also need to recognize and thank the government for its recent policy of opening select industries to the private sector.
WELCOME BACK AIR INDIA!
RATAN N. TATA