Tata's takeover of Air India faces turbulence as foes lash out

Burden of investment falls on family's shoulders after privatization

20211014 AirIndia main

Tata Sons' less-than-stellar record in the airline industry does not bode well for Air India, which has seen better days. © EPA/Jiji

DEV CHATTERJEE, Contributing writer

MUMBAI -- Tata Sons' acquisition of troubled national carrier Air India for 180 billion rupees ($2.4 billion) last week is not only expected to face a political storm but could be a daunting task for the group, which has a checkered history in turning around companies.

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