How Tatas bagged Air India: Check the timeline of Rs 18,000-cr deal
The Centre today announced the winning bidder for the national carrier Air India. The salt-to-steel conglomerate Tata Group, which had founded the airline, has emerged as the lead winner with an Enterprise Value quote Rs 18,000 crore.
Written By: Preeti Verma
1/6
1932
Air India, originally called Tata Airlines, was established in 1932 by JRD Tata
2/6
1953
Nationalised by Government
3/6
2007
Air India has been in losses ever since its merger with domestic operator Indian Airlines
4/6
2013
Civil Aviation Minister said privatization was key to its survival
5/6
2017
The government approved starting divestment process
6/6
Oct 2021
Bidder Finalised