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A ‘Maharaja’ Homecoming as Air India Comes Back to Tatas’ After 67 Yrs | Top Six Iconic Moments

After a niche of 68 years, Air India on Friday returned to its founders because the Tata Sons received the bid to accumulate the debt-laden nationwide service, providing Rs 18,000 crore for buying 100 per cent shareholding. The historic win, is Air India’s homecoming as Jehangir Ratanji Dadabhoy (JRD) Tata in 1932 based Tata Aviation Service, the precursor of Tata Airlines and Air India. Tata Airlines went public in 1946, as a ‘joint stock company’ named Air India. The maiden flight on June 8, 1948 of Air-India International — Independent India’s first public-private enterprise — with its iconic mascot Maharaja to Europe, has remained as a landmark in India’s aviation historical past.

In a 3000-cr bid, Tata Sons have received the bid for nationwide service Air India
The group submitted their remaining bid for the airline on 15 September and have emerged as the best bidders for the acquisition
It was Jehangir Ratanji Dadabhoy (JRD) Tata who based the airways with a small capital of Rs 2 lakh given by a reluctant Sir Dorabji Tata, the then Chairman of Tata Sons.

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A younger Jehangir then went on to pilot the primary flight that inaugurated Indian aviation in 1932, Tata archives file JRD’s expertise flying that first airmail for Air India, then known as Tata Airlines
In 1946, the aviation division of Tata Sons was listed as Air India and, in 1948, the Air India International was launched with flights to Europe.
In 1953, Air India was nationalised. Mircea Raianu’s latest guide Tata: The Global Corporation that Built Indian Capitalism data JRD’s shock when the announcement was made.

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