Ras Al Khaimah Investment Authority and Bird Group promoter Ankur Bhatia are not involved in the bidding process for the national carrier Air India Limited along with SpiceJet chairman Ajay Singh, spokespersons for Ras Al Khaimah government and Bird Group told Mint on Wednesday.
“The Ras Al Khaimah government is aware of a story circulating in the international and local media of a potential transaction relating to Air India, the national air carrier of India, with the reports citing that one of the parties involved is a Ras Al Khaimah government institution,” a spokesperson for the emirate said.
“Neither the Ras Al Khaimah government nor any of its related entities or authorities are in any way connected to any such potential transaction relating to Air India,” the spokesperson added.