Vistara considering a bid for Air India, says chairman Bhaskar Bhat

"Which company would not be interested in evaluating a sovereign airline of the country?" Bhat said

Vistara, a joint venture between India's Tata Group and Singapore Airlines, is considering a bid for the government's stake in state-run carrier Air India, Vistara's chairman said on Monday.

"Which company would not be interested in evaluating a sovereign airline of the country?" Vistara chairman Bhaskar Bhat said.

Bhat, however, said no final decision had been made on whether it would submit a bid.

Bhat was speaking at the unveiling of Vistara's first Boeing 787-9 Dreamliner plane at Delhi airport.

Prime Minister Narendra Modi's government in January said it planned to sell its entire interest in Air India, making