Centre ran transparent, flexible process; honoured to participate in Air India bidding, says SpiceJet CMD
The government ran a transparent and flexible process to sell Air India, and it was an honour and privilege to participate in the national carrier’s bidding, SpiceJet NSE 1.55 % CMD Ajay Singh said on Friday. The government announced on Friday that Tata Sons’ wholly-owned subsidiary Talace Private Limited has beaten the Singh-led consortium to win the bid to acquire debt-laden Air India by offering Rs 18,000 crore.
“I congratulate the Tata Group on winning the bid for Air India and wish them all the success. It was my honour and privilege to be shortlisted for bidding for Air India,” Singh said in a statement.
