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" "His Biographer remarked: Of course, ‘Sir, you believe in excellence.' JRD Tata) retorted sharply, 'Not excellence. Perfection. You aim for perfection, you will attain excellence. If you aim for excellence, you will go lower.
Jehangir Ratanji Dadabhoy Tata (29 July 1904 – 29 November 1993) was a French-born Indian aviator and business tycoon. He was the former Chairman of . He became India's first licensed pilot in 1929. In 1983, he was awarded the French Legion of Honour and, in 1992, India's highest civilian award, the Bharat Ratna.
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There is today hardly any country in the world outside the communist bloc which does not have a mixed economy. In fact, even countries which call themselves socialist would object to theirs not being described as a mixed economy, for it would imply that it was a totalitarian one, while countries like Germany or Japan, usually thought of as having typically free enterprise economies, would do the same; for, otherwise, it would imply that theirs was a nineteenth century laissez-faire economy.
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The essence of air transport is speed, and speed is unfortunately one of the most expensive commodities in the world, principally because of the disproportionate amount of the power required to achieve high speed and to lift loads thousands of feet into the air. This is strikingly illustrated by the fact that while an average cargo ship, freight train and transport aeroplane are each equipped with engines totalling about 2,500 H.P., the ship can carry a load of about 7,000 tons, the train 800 tons and the plane only two and a half tons.