Thursday, October 17, 2019

Air India disinvestment: Fresh EoI in November

Chennai: After failing to attract buyers in the first attempt, the Union government will issue the second Expression of Interest (EoI) in November for divestment of its stake in national carrier Air India.
Highly placed sources said the EoI is being prepared by the Group of Ministers led by Home Minister Amit Shah and the document will be out by November, which would kick start the divestment process once again.
“Something will happen shortly. The process (of divestment) should start very soon with the release of EoI. Once the EoI is issued, we hope there will be buyers this time as we have made lot of changes that could attract other airlines in theyet-to-be released document,” a senior official in the know-how of the developments told DH.
The EoI which was supposed to have been released in October has now been pushed to November.
17/10/19 ETB Sivapriyan/Deccan Herald
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