Maharaja reclaims throne: Tata Group takes over Air India, promises a 'world class airline'

Nearly seven decades after it lost control, Tatas on Thursday regained ownership of Air India and promised to turn the loss-making carrier into a world-class airline. <br /> <br />"We are totally delighted to have Air India back at the Tata group and are committed to making this a world-class airline," Tata Sons Chairman N Chandrasekaran said.