Updated Dec 15, 2020 | 08:34 IST
The new owner has to deal with legacy issues including with various contracts and the biggest challenge will be to handle its existing workforce, which is highly unionised. Representational image
Key Highlights
Multiple companies including the Tata Group and a group led by employees have submitted EoI for Air India
The government wants to sell 100% stake in Air India that includes low-cost subsidiary Air India Express
The new owner has to pay off the excess debt that the airline has over and above the aircraft loans.
New Delhi: Multiple companies including the Tata Group and a group led by employees have submitted expressions of interest (EoIs) for Air India. Low-cost carrier SpiceJet is also said to have shown interest in Air India.