Taking to the skies

There is something about aviation that keeps attracting the Tatas to it like bees to nectar (even if the moth-to-flame metaphor seems more appropriate to some given the present state of the industry). It was only in December that the erstwhile group chairman, Ratan Tata, had ruled out entry into the sector in view of the “destructive competition” and the conglomerate’s bitter experience of making a joint bid with Singapore Airlines for a 40 per cent stake in the state carrier, Indian Airlines.

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