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Air India bids News

13 Apr 2021

Govt begins process for inviting financial bids for Air India sale

Salt-to-software conglomerate Tata Group was among the "multiple" entities that had put in preliminary bids for buying loss-making Air India in December last year. The transaction has now moved to the financial bids stage, the sources said, adding that the deal is expected to conclude by September. The government is selling its entire 100 percent stake in Air India that has been in losses ever since its merger with domestic operator Indian Airlines in 2007.

Air India disinvestment

29 Oct 2020

Air India divestment bidding process would be on enterprise value: HS Puri

The government has also decided to put a price cap on airline fares during the Covid period This price cap on airline fares was up to Nov 24, 2020 This price cap would remain applicable on all airlines operating in the country

09 Oct 2018

Air India awaits Rs 500 crore loans, extends deadline for bids

The initial deadline for submission of bids was October 10.

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