Vistara evaluating bidding for Air India: Chairman Bhaskar Bhat
Vistara is evaluating bidding for Air India, its Chairman Bhaskar Bhat said on Monday.
“Which company would not be interested in evaluating a sovereign airline of the country?” Bhat asked journalists after unveiling the airline’s first Boeing 787-9 aircraft.
The government is seeking to sell 100 per cent of its equity share capital in the state-owned airline, including Air India’s shareholding interest of 100 per cent in Air India Express and 50 per cent in Air India SATS Airports Services Private Ltd.
When asked about the issue of debt being passed on to the new owner, he said that was something for the evaluation to find out.
