New Delhi: Purchase of Sons Tata ‘$ 2.4 billion in debt-kiding purchases, the air has the Indian government will provide conglomerates immediately access to flying rights and valuable landing slots that will help scratch the market share of foreign rivals.
But industrial executives warn whatever success will be a long and complicated process that can cost more than $ 1 billion and requires improving various problems, including obsolete fleets, poor service and lack of charismatic leaders.
Air India, with its Maharajah mascot, was once famous for its beautifully decorated aircraft and star service fought by the founders of airlines, JRD Tata, India’s first commercial pilot.
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