When will Air India hand over to Tata Group? | Dynamics

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New Delhi: The central government has taken steps to sell off Air India, which was running at a loss due to debt burden. No one came forward to buy the company.

In this situation, the Tata Group offered to buy Air India. In October last year, the central government announced that Tata Sons had acquired Air India for Rs 18,000 crore by accepting the group’s bid.

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According to officials, Air India will be handed over to the Tata Group by the end of this week once all the formalities related to the handover are completed. Thus they said.

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