A foreign player has expressed interest in acquiring 49% of soon-to-be-privatised Air India. Aviation secretary R N Choubey “unsolicited expression of interest for AI’s airline arm.” While the identity of this player and whether it is an airline is not being revealed at the moment, Singapore Airlines (SIA) is among the foreign players that are looking at AI’s disinvestment process with interest. Its JV airline with Tatas, Vistara, has an “open mind” for AI if it makes business sense. “SIA is very keen on AI,” said a person in the know.
A foreign player has expressed interest in acquiring 49% of soon-to-be-privatised Air India. Aviation secretary R N Choubey “unsolicited expression of interest for AI’s airline arm.” While the identity of this player and whether it is an airline is not being revealed at the moment, Singapore Airlines (SIA) is among the foreign players that are looking at AI’s disinvestment process with interest. Its JV airline with Tatas, Vistara, has an “open mind” for AI if it makes business sense. “SIA is very keen on AI,” said a person in the know.
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