Air India sale: Jet Airways-led consortium to bid for debt-ridden national carrier

After IndiGo expressed interest to buy Air India's international operations last year, a consortium led by Jet Airways along with Air France-KLM and Delta Airlines has expressed interest in the disinvestment of Air India, according to a report. Going ahead with the strategic disinvestment of debt-laden Air India, the govt is expected to soon invite Expression of Interest from the bidders. Last year, Turkey's Celebi Aviation Holding and Delhi-based Bird Group had shown interest in buying Air India's ground handling operations. Jet Airways' possible bid for Air India by way of a consortium comes at a time when CE Vinay Dube, without naming any manufacturer, said Jet hopes to order 75 narrow-bodied aircraft by March 31 in addition to 75 Boeing 737 MAX that the airline had ordered in 2015. <br/>
Business Today
https://www.businesstoday.in/sectors/aviation/air-india-stake-sale-jet-airways-consortium-air-france-klm-delta-disinvestment/story/272405.html
3/12/18
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