Govt receives many queries on Air India from non-aviation entities

Two of the major Indian airline companies, IndiGo, and Jet Airways, as well as the Tatas, have reportedly ruled themselves out from the bidding race to buy Air India

Amid reports of Indian civil aviation companies being lukewarm to buying Air India, the government says it has received many queries from a number of aviation and non-aviation companies for the flagship national carrier.

The queries have been addressed to EY, the transaction advisor for the sale of Air India, Air India Express, and the flagship’s 50 per cent stake in Air India SATS. The last date to submit queries by interested parties was April 16.

“The transaction advisor has received a number of queries from both aviation and non-aviation companies,” said Neeraj Gupta, secretary at the department of investment and public