Air India is now a Tata property, 69 years after the group ceded control

Sixty-nine years after it was nationalised, Air India returned to its founder, the Tata Group. The airline was formally handed over to the conglomerate on Thursday.

“We are delighted that the disbursement is completed. We are happy that Air India is back with Tata Group. We look forward to working with everyone in creating a world class airline,” Tata Group chairman N Chandrashekaran announced after the handover.