Govt ran transparent, flexible process; honoured to participate in AI's bidding: SpiceJet CMD
The Hindu
He said he has been an Air India fan all his life.
The government ran a transparent and flexible process to sell Air India, and it was an honour and privilege to participate in the national carrier's bidding, SpiceJet CMD Ajay Singh said on Friday.
The government announced on Friday that Tata Sons' wholly-owned subsidiary Talace Private Limited has beaten the Mr. Singh-led consortium to win the bid to acquire debt-laden Air India by offering ₹ 18,000 crore.
"I congratulate the Tata Group on winning the bid for Air India and wish them all the success. It was my honour and privilege to be shortlisted for bidding for Air India," Mr. Singh said in a statement.
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