Air India acquisition by Tatas good for state-run carrier's future: Praful Patel

Tata Sons will retake Air India as the government accepted its winning bid of Rs 18,000 crore

Former civil aviation minister Praful Patel on Saturday welcomed the acquisition of Air India by the Tata group terming it a "good step" for the future of the state-run carrier.

Tata Sons will retake Air India - the airline it founded nearly 90 years back - as the government accepted its winning bid of Rs 18,000 crore to acquire 100 per cent of the debt-laden state-run carrier.

Speaking to reporters at the Nagpur airport, Patel supported the privatisation of Air India and said, "Tata group taking over Air India is a good step for the future of Air India," he said.

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