Dear SIr When do we see an you entering into the Aviation sector It is true tata wasnt given a fair treatment when the government acquired tata airways and converted it into Air india and Indian Airlines but now with the avaiation segment opening up, wouldnt be a matter of great pride to have a Airline company too,, this is something which i expect from Tata's who have always been passionate about their business not all business are done with profits as the soul motto some are done for passion and dreams, there is nothing that can be done about the history but lets create an present which will be seen by the generations going ahead as Tata Resilience
RE:Open Letter to Mr Tata
by Guest on Aug 27, 2008 11:39 AM Permalink
Hi Atul, In 18-24 months time you will able to see TATA's piloting Spicejet. There is a possibility though that they might revamp the business model of Spicejet. It will be changed to a high value carrier one from the present LCC model. ROI in Airline Business is a 7-9 %, with the exceptions of Singapore Airlines and Southwest and few others. By and large it isnt a lucrative business as one would expect especially considering the operational cost's in a country like India. If the industry is to fully benefit from the strong economy of India, the govt has to come up with prudent and benefitting tax regulations.
RE:Open Letter to Mr Tata
by Rahul on Aug 27, 2008 11:36 AM Permalink
It belongs to Wadia family I believe and it has nothing to do with TATA except common name of the airlines, tata's car.
