NEW DELHI: The government on Monday said it has received “multiple expressions of interest” for Air India as it tries to save the beleaguered carrier. While the government did not disclose the names, AI founder Tata Group, a group of AI employees and US-based retirement asset fund of NRIs Interups are among those to have placed expressions of interest in the Maharaja.
There was speculation a global airline and SpiceJet’s Ajay Singh might have submitted an EOI, but there was no confirmation. Monday was the final day for placing an EOI for the national carrier. Tata Group, which has a play in both budget and premier full-service carriers through AirAsia India and Vistara, is seen as the most likely winner for AI, say experts.
If Tata acquires AI, it will be the number two player in the domestic sector and will leapfrog to number one in the overseas market.
