Ratan Tata,one of the wealthiest business man in India may have retired in 2012 but he is driving his group of companies to bet on airlines and open up with the booming aviation sector. 


It is known that PM Modi led government took a major policy decision to open up civil aviation in the country and this came as a boon for Tata's airlines Vistara and AirAsia India which had a slow start in the market dominated by IndiGo, owned by InterGlobe Aviation, and Etihad-backed Jet Airways.


The government move was opposed vehemently by IndiGo, owned by InterGlobe Aviation, and Etihad-backed Jet Airways. The Government decision is a major victory for 78 year old Ratan Tata ending two years of airlines lobbying, of Twitter rows and of frequent public statements from the usually circumspect steel-to-salt group.


Tata Sons spokesman however denied any lobbying from Ratan Tata and added Tata's views were personal. Vistara's share though increasing is just 2.5% from its 18 month stay in the business, AirAsia is stagnated at 2% while Indigo and Jet Airways are topping the industry with 39% and 19% share respectively. 


Flying overseas is critical for Vistara and AirAsia to boost its profits and margins rather than try to target the cut throat low cost domestic market. 


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