Govt extends deadline for Air India bid for fourth time, gives bidders two more months

The government has extended the deadline for submitting expressions of interest in stake sale of Air India by two months to October 30, while intimation to qualified bidders will be done by November 20.

The fourth extension for interested bidders has been given, “as per the requests received from the interested bidders in view of the prevailing situation arising out of COVID-19,” the department of investment and public asset management (DIPAM) said in a statement on Tuesday.