Business Standard

Few takers for Maharaja: Global roadshows for Air India get tepid response

The window closes on May 31, unless the government extends the date once more

Air India
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Arindam Majumder New Delhi
With just four days to go for the deadline to submit an expression of interest (EoI) for Air India, the government is waiting to hear from likely suitors. The last leg has been action-filled with top executives of consultancy firm EY, the transaction advisor for Air India disinvestment, flying across the world over the past three weeks to generate interest among the big aviation players in Europe and Asia.

The government is yet to receive a single formal EoI for the airline. The window closes on May 31, unless the government extends the date once more. The date was extended

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