TATA’s Air India Bid; It might be an overestimation, says Deepak Talwar

Seasoned aviation expert Deepak Talwar said that the Tata’s are underestimating what it will take and overestimating their ability to turn around Air India.

“The group must understand that Air India will need to be completely recapitalised. And then the airline will need a largely new fleet, and every aspect of the business and culture will have to undergo a transformational overhaul,” said Talwar.

He said that both Air Asia India and Vistara are being run by their respective junior aviation partners, Air Asia and Singapore Airlines. And now acquiring Air India means a 100 percent stake in Air India, including ownership of Air India Express Limited, a profitable international low-cost airline subsidiary, and 50% ownership of Air India SATS Airport Services Private Limited.

Source — https://www.inventiva.co.in/stories/tatas-ai-bid-it-might-be-an-overestimation-says-deepak-talwar/