Ajay Singh keen on Air India? SpiceJet promoter shows interest in carrier
Air India stake sale: Ajay Singh co-founded SpiceJet in 2005 and then sold it to Kalanithi Maran in 2010. He returned in 2015 to turn around the ailing airline
BusinessToday.In | February 22, 2021 | Updated 16:35 IST
Air India sale: Ajay Singh reportedly interested in carrier
SpiceJet promoter Ajay Singh and two other investors are said to have shown interest in acquiring Air India. Singh is interested in buying 100 per cent in Air India in personal capacity. He is likely to be supported by investors, one of which is a foreign fund.
It is one of the multiple overtures the government has said it has received, as mentioned in a report in The Economic Times. A person in the know told the daily that if the airline goes to this group then it is unlikely that Singh would be the largest shareholder.