PRESS TRUST OF INDIA
New Delhi, 25 October
Tata Group will be interested in Air India if it is privatised, its chairman emeritus Ratan Tata said today amid reports that the government is inclined to give up control in the state-run carrier.
“As an when it happens, we would be very happy to look at it,” Mr Tata said when asked whether he would be interested if Air India is privatised.
Mr Tata was speaking to reporters after he, along with Singapore Airlines CEO and Tata-SIA chairman, met civil aviation minister Ajit Singh. Mr Singh, who was standing beside Mr Tata, didn’t said anything.
Mr Tata’s comments came weeks after Mr Singh said it was his personal opinion that the government should not be in service sectors like airlines or hotels and any future regime could consider privatisation of Air India, as the government would not give any more funds to the airline after it completes equity infusion of Rs 30,000 crore till 2021.
Air India was formed as a division of Tata Sons Ltd (now Tata Group). It was being run as Tata Airlines till 1946, after which it became a public limited company.