Tata Group Wins Bidding Contest To Take Over Air India

India
Credit: Joe Pries
India’s government has selected the Tata conglomerate as the winning bidder for Air India. The successful bid of INR180 billion ($2.4 billion) was made by Talace Pvt. Ltd., itself a subsidiary of Tata Sons Pvt. Ltd. The next stage will be the signing of a letter-of-intent, and then a share purchase...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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