After a gap of 69 years, Air India is set to become a Tata-owned carrier again — as the government has decided to hand over the airline on January 27.
“Divestment of Air India will take place on January 27 when it would be handed over to the Tata Group by the Centre,” the airlines’ director-finance, Vinod Hejmadi, said in a message to the employees.
The balance sheet of the national carrier as on January 20 have been handed over to the Tatas on Monday for review “and any changes can be effected on Wednesday”, Hejmadi told the employees.
“The next three days will be hectic for our department and I request all of you to give your best in these last three-four days before we get divested.
