The disinvestment process for national carrier Air India looks “very uncertain” in the wake of the coronavirus pandemic that has impacted the aviation sector the most globally, according to rating agency Crisil.
In another attempt to sell loss-making Air India, the government, in January this year, sought Expression of Interest (EoI) and the deadline for submission of EoI has now been extended till June 30. Initially, the deadline was March 17 and was first extended till April 30.