Tatas refuse to lend a helping hand to Air India
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The last straw to save "That was 14 years ago (when Tatas were keen on buying back AI.) Not now,"
"SIA always says they learnt from AI (of JRD Tata era). We can learn from AI and SIA both (for Vistara)," he added. Menon, who has been asking the government to make it easier for new airlines to fly abroad so that
The Tatas and SIA had tied up in 2000 when the then BJP government had decided to divest 40% stake in Air India. A year later, SIA had walked out of that partnership due to an "adverse climate" and intense opposition to the privatization of AI.
AI was founded by JRD Tata in 1932 as
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As per a news report in The Economic Times, the current NDA government is also struggling with AI and has so far not been able to find any radical solution to revive the airline. It has not even been able to find a
(Image: Reuters)
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