Airlines
Tata Group Acquires Air India
After losing a bid to acquire India’s flag carrier, SpiceJet founder Ajay Singh calls the government’s sale process “transparent and flexible.”
An Air India Boeing 787 approaches London Heathrow Airport. More than two-thirds of Air India's revenues come from international operations. (Photo: Flickr: Creative Commons (BY-SA) by Colin Cooke Photo)
An Air India Boeing 787 approaches London Heathrow Airport. More than two-thirds of Air India's revenues come from international operations. (Photo: Flickr: Creative Commons (BY-SA) by Colin Cooke Photo)

Sixty-eight years after Air India's establishment as Tata Airlines and subsequent takeover by the government in 1953, life has moved full circle for Tata Sons as it becomes the new owner of the national carrier for $2.7 billion. SpiceJet founder Ajay Singh submitted the other bid for the flag carrier.


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