Tata group will have to take control of Air India by Jan 23, 2022.
This is as per the share purchase agreement signed with the government last month.
Comments were sought from Tata on preparations being made for this ownership transfer.
Tata has so far not divulged their plans for AI like if it will be a mega airline or low-cost.
The long stop date is the outer limit by when Talace has to take over AI.
If there is a delay in fulfilling conditions, the date can be extended with mutual consent.
Top govt officials are trying to ensure it happens soon.
