The Government is likely to hand over Air India to the Tata Group on Thursday, nearly 69 years after it was taken from the conglomerate.
After a competitive bidding process, the government had on October 8 last year sold Air India to Talace Private Limited – a subsidiary of the Tata Group’s holding company – for Rs 18,000 crore.
Meanwhile, two airline pilot unions – Indian Pilots’ Guild (IPG) and Indian Commercial Pilots’ Association (ICPA) – on Monday warned Air India’s CMD Vikram Dev Dutt of legal action as “multiple deductions and recoveries have been projected” on the dues owed to pilots.
