‘Welcome back, Air India,’ says Ratan Tata as group wins bid

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NEW DELHI: “Welcome back, Air india, “he tweeted Tata GroupPresident Emeritus Ratan Tata after the conglomerate won the tender to acquire the cash-strapped airlines.
With the tweet, Ratan tata posted an iconic image of JRD Tata alongside an Air India plane.
Calling the acquisition “great news”, the industrialist expressed his hope that the sale would provide a very strong market opportunity for Tata Group’s presence in the aviation industry.

“On an emotional note, Air India, under the leadership of Mr. JRD Tata, at one point, earned a reputation as one of the most prestigious airlines in the world.

“Tatas will have the opportunity to regain the image and reputation it enjoyed in previous years,” he said.
He added that JRD Tata would have been “delighted” if he had been alive today.

He concluded by thanking the government for its recent policy of opening select industries to the private sector.
Meanwhile, Tata Sons Chairman N Chandrasekaran said it will be a rare privilege for the group to own and operate India’s flagship carrier.
“This is a historic moment and it will be a rare privilege for our Group to own and operate the nation’s flagship airline.”
“Our effort will be to build a world-class airline that makes all Indians proud,” he said.
In an old tweet, the Tata Group had compiled a series of quotes from the airline’s founder, JRD Tata, wishing him on his 114th birthday.

On Friday, the government announced the Tata Group as the winning bidder for Air India, clearing the way for the cash-strapped Maharaja dating back to its founder exactly 68 years after India nationalized its private airlines in 1953.
Tatas outpointed SpiceJet founder Ajay Singh with a winning bid of Rs 18 billion.
Look ‘Welcome back,’ says Ratan Tata after winning Air India’s bid for Rs 18,000 crore





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