Air India's Transformation: Tata's Commitment to a World-Class Airline

Tata Sons Chairman N Chandrasekaran emphasized that Air India's transformation is both a responsibility and opportunity for the Tata Group. Despite aviation sector challenges, Tata remains committed to creating a world-class airline, with a focus on connectivity, economic growth, and addressing supply chain issues.

Tata Sons Chairman N Chandrasekaran has stated that Air India's transformation under the Tata Group is more than a simple business venture; it is a profound responsibility. Speaking at an event celebrating the 121st birth anniversary of Tata Group founder JRD Tata, Chandrasekaran highlighted the challenges facing the aviation sector, including unpredictable global supply chain issues that hamper aircraft upgrades and deliveries.

The decision to acquire Air India, despite public skepticism, was driven by a commitment to economic growth and connectivity, said Chandrasekaran. The Tata Group embarked on a rigorous five-year plan to rejuvenate the airline following its acquisition in 2022. However, progress has been slower than anticipated due to the sector's inherent complexities and supply chain disruptions.

In pursuit of becoming a world-class airline, Tata is investing in upgrading Air India's fleet and addressing challenges from geopolitics to rising costs. Chandrasekaran underscored the importance of connectivity to India's economic future, with aspirations for the country to become a USD 5 trillion economy facilitated by robust aviation infrastructure.

(With inputs from agencies.)