New Delhi, June 29 (IANS) The government on Thursday said that the budget passenger carrier IndiGo has shown interest in participating in the stake sale of flag-carrier Air India.
"There has been interest shown for Air India. IndiGo has approached the ministry with a formal expression of interest proposal," Civil Aviation Minister Ashok Gajapathi Raju told IANS.
"Other airlines have also shown interest in Air India. But they have not submitted any formal proposals yet."
Regarding a proposal from the Tata Group to buy a stake in the national passenger carrier, the Minister said that he was "not aware of any such proposal".
Raju said that the Union cabinet approved panel which will look at various options for Air India's divestment, will take the best decision for the airline's financial health.
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.
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