“The Tata Group welcomes Air India’s new customers and is excited to work together to make Air India the airline of choice in terms of passenger comfort and service,” Ratan Tata said in the message.
Through a competitive bidding process, the government sold Air India to Talace Pvt Ltd, part of Tata Group, for Rs 18,000 crore. As part of the deal, Talace paid Rs 2,700 crore in cash and took over Rs 15,300 crore debt of the airline.For more exciting tit-bits on Jammu and Kashmir tourism, visit - https://www.dailyexcelsior.com/