March 12, 2018

Believing a reliable source, it is found that the consortium of Jet Airways, Air France-KLM and Delta Airlines understood to have expressed interest in the disinvestment of Air India.

It is expected that the government of India will soon invite Expression of Interest from the bidders under the strategic disinvestment of loss-making Air India. Same source has confirmed that against this backdrop, consortium of three full services is interested in bidding for the national carrier. It is expected that the Jet Airways along with Air France-KLM and Delta Air Lines will be participating in Air India disinvestment.

A spokesperson from Jet Airways also stated that the airline would not like to comment on these speculations. Queries sent to Air France-KLM and Delta remained unanswered. Jet Airways’ possible bid for Air India by way of a consortium also comes less than four months after the Naresh Goyal-led airline enhanced cooperation agreement with the Air France-KLM Group. Interestingly, Jet Airways CEO Vinay Dube had a decade-long career at Delta Air Lines before joining the Indian carrier last year. Immediately before coming to Jet Airways, he was Senior Vice President (Asia Pacific) at the American airline.






Leave a Reply

Your email address will not be published. Required fields are marked *