Jet Airways, Air France-KLM, Delta consortium to bid for Air India

Though Air India is saddled with huge debt, acquiring the airline can help boost the acquirer in terms of foot print and bilateral rights.

Though Air India is saddled with huge debt, acquiring the airline can help boost the acquirer in terms of foot print and bilateral rights.

NEW DELHI: A consortium of Jet Airways, Air France-KLM and Delta Airlines understood to have expressed interest in the disinvestment of national carrier Air India, according to sources.

Moving ahead with the strategic disinvestment of loss-making Air India, the government is expected to soon invite Expression of Interest (EoI) from the bidders. Against this backdrop, sources said a consortium of three full services, including Jet Airways, are keen to put in their bid for the national carrier.

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Credit: indianexpress.com