Following the government's announcement of Tata Sons winning the bid to acquire national carrier Air India, Tata Sons chairman N Chandrasekaran issued a statement in which he said the business group is delighted to be declared the winning bidder.
Here is the full statement from Tata Sons:
"At the Tata group, we are delighted to be declared as the winner of the bid for Air India.
This is a historic moment, and it will be a rare privilege for our Group to own and operate the country's flag bearer airline.
It will be our endeavor to build a world-class airline which makes every Indian proud.
On this occasion, I would like to pay tribute to JRD Tata, pioneer of Indian aviation, whose memory we cherish."