The dynamics of Indian aviation are set to change with Tata Sons taking over the running of Air India from today. Tatas are taking back their own Airlines after Sixty nine years.
The menu has already been changed and the passengers will get good food onboard.
Analysts are unanimous that with the Tatas at the helm of Air India, the market is bound to increase and some existing airlines will feel the pressure of a revitalised Air India.
The $103 billion Tata Group won the bid for Air India, including the airline’s stake in Air India Express and Air India SATS Airport Services, in October last year. SpiceJet promoter Ajay Singh, in his personal capacity, was the other bidder.
Vistara, which is jointly owned by the Tatas and Singapore Airlines, and IndiGo declined to comment on their strategies. Others did not respond to an email seeking comment. Akasa Air, backed by Indian billionaire Rakesh Jhunjhunwala, plans to offer commercial flights starting in the summer of 2022.
