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As per the bid documents, Air India has an aircraft fleet of 263 aircraft comprising Boeing and Airbus aircrafts. Air India Express, which mainly flies to Gulf countries, has a fleet of 25 Boeing aircrafts. Asked why Tata may win the bid, the source cited the “legacy factor.” 67 years ago, the Tata group had founded Tata Airlines in 1932. After independence, it was nationalized in 1953 and was renamed as Air India. “Apart from the legacy factor, Tata’s credibility and their track record may turn the game in their favour. Employees will be happy if the national career goes into Tata’s hands…There is a pro-Tata feeling among the employees who otherwise were up in the arms over the privatization bid proposed by the government…They feel their jobs would be secure in the hands of Tata group,” added the source.There are some, on the other hand, who feel that getting dues on time is more important than the name of the bidder.
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Tata group frontrunner in takeover bid; mixed reactions among employees
