New Delhi, May 31 (PTI) The govt today said no bids have been received for the strategic disinvestment of Air India. Also Read - International Flights: Air India Commences Non-stop Hyderabad-Chicago Flights | Details Here
The deadline for submission of Expression of Interest ended today. Also Read - Meet Air India's Zoya Aggarwal Who Commanded World's Longest Direct Flight Over North Pole
“As informed by the Transaction Adviser, no response has been received for the Expression of Interest floated for the strategic disinvestment of Air India,” the Civil Aviation Ministry said in a tweet. Also Read - Air India's All-women Pilots Team Creates History by Flying Over World's Longest Route
“Further course of action will be decided appropriately,” it added.
EY is the transaction advisor for the process.
This is published unedited from the PTI feed.