{"id":388337,"date":"2020-12-07T12:14:31","date_gmt":"2020-12-07T06:44:31","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=388337"},"modified":"2020-12-07T13:19:49","modified_gmt":"2020-12-07T07:49:49","slug":"tata-group-at-crossroads-what-to-do-with-vistara-and-airasia-go-big-or-bow-out","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tata-group-at-crossroads-what-to-do-with-vistara-and-airasia-go-big-or-bow-out\/","title":{"rendered":"Tata group at crossroads: What to do with Vistara and AirAsia \u2013 go big, or bow out?"},"content":{"rendered":"<p>Ratan Tata is no stranger to flying. As a 17-year-old, the patriarch of India\u2019s biggest conglomerate once landed a plane that had lost its sole engine mid-flight. He\u2019s also piloted the supersonic F-16 fighter jet. That love of aviation hasn\u2019t always translated into business success, however. Tata Group\u2019s two airlines \u2014 AirAsia India and Vistara \u2014 were struggling before the coronavirus pandemic. Covid-19 has put the sprawling Tata Sons Ltd., which owns a 51% stake in each, at a crossroads. Either go big, by buying state-run Air India Ltd., for example, or bow out before spilling more red ink.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ratan Tata is no stranger to flying. As a 17-year-old, the patriarch of India\u2019s biggest conglomerate once landed a plane that had lost its sole engine mid-flight. He\u2019s also piloted the supersonic F-16 fighter jet. That love of aviation hasn\u2019t always translated into business success, however. Tata Group\u2019s two airlines \u2014 AirAsia India and Vistara \u2014 were struggling before the coronavirus pandemic. Covid-19 has put the sprawling Tata Sons Ltd., which owns a 51% stake in each, at a crossroads. Either go big, by buying state-run Air India Ltd., for example, or bow out before spilling more red ink.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[196,130,138],"tags":[],"class_list":["post-388337","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/388337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=388337"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/388337\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=388337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=388337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=388337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}