In a historic development, reminiscent of movie Folklore, TATA’s got back the Airline they founded and groomed as India’s pioneer Airline, though by coughing up highest bid for the carrier beset with mounting debt and Impeccable credentials.
In a ceremonial gesture, Government of India officials handed over reins of the Airline to TATA son’s Chairman Chandrasekharan at Airlines House in Delhi. as a gesture of goodwill, Chairman Chandrasekharan called on the Prime Minister Modi and assured him of running India’s Flag carrier to world class standards in terms of Service and Network. consequent to the official Takeover , TATA group issued a circular to the cabin crew to announce the change of the ownership and management of the airline to the passengers of the airline from 28th January onwards. The airline will be run independently by TATA group from 28th January Onwards.