Ratan Tata tweets “Welcome back, Air India” after Tata Sons wins bid for nationwide service

Tata Sons Chairman Emeritus Ratan Tata on Friday tweeted {a photograph} of the corporate’s former chairman JRD Tata getting down from an Air India flight, minutes after Tata Sons secured the successful bid for the nationwide service for Rs 18,000 crore.
In the picture, Tata wrote “The Tata Group winning the bid for Air India is great news! While admittedly it will take considerable effort to rebuild Air India, it will hopefully provide a very strong market opportunity to the Tata Group’s presence in the aviation industry.”

Welcome again, Air India 🛬🏠 pic.twitter.com/euIREDIzkV
— Ratan N. Tata (@RNTata2000) October 8, 2021
“On an emotional note, Air India, under the leadership of Mr. J.R.D. Tata had, at one time, gained the reputation of being one of the most prestigious airlines in the world. Tatas will have the opportunity of regaining the image and reputation it enjoyed in earlier years. Mr. J.R.D. Tata would have been overjoyed if he was in our midst today.” the assertion tweeted by Tata learn.
“We also need to recognize and thank the government for its recent policy of opening select industries to the private sector.” the assertion mentioned.
Air India was based by the Tata Group in 1932 and was nationalised in 1953. The flag service has been in losses ever since its merger with home operator Indian Airlines in 2007.
The Tata Group has evinced curiosity in buying the airline on a number of previous events, together with in 2001 together with Singapore Airlines however the bid was withdrawn on the final stage due to various components coming collectively.