Air India employee consortium out of privatisation race
The bid for Air India stake sale from employee consortium was turned down due to three reasons, stated Meenakshi Malik, Commerical Director of the airline and leader of the group
BusinessToday.In | March 8, 2021 | Updated 23:01 IST
Air India employee consortium, which had bid for taking over the national carrier, could not advance to the next round of the disinvestment process.
Meenakshi Malik, Commercial Director of the airline, reportedly informed the consortium in a three-page letter that it did not make the cut to advance to the next stage of the stake sale, reported the Mint. Malik has been leading the employee consortium.
Air India employee consortium out of privatisation race
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