SALE TO TAKE WING?
Dec 19, 2020
3 minutes
By M.G. Arun
Unlike in 2018, when the Centre’s attempt to find a buyer for the beleaguered Air India saw no takers, there are several bidders in the fray this time around. By the time the deadline to submit expressions of interest (EoIs) to bid for the national carrier closed on December 14, “multiple EoIs [had been] received,” said Tuhin Kanta Pandey, secretary of the department of investment and public asset management. According to reports, the bids include one from Tata Sons—which already holds 51 per cent stakes in Vistara and
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