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Air India privatization: Jet Airways may consider bidding, claims report

Earlier this month, Budget carrier IndiGo rejected the report of collaborating with Qatar Airways to bid for Air India.

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India's oldest private airline Jet Airways may consider bidding for Air India, reported the Economc Times. 

Speaking to the newspaper, Jet Airways’ Chief Executive Officer (CEO) Vinay Dube said, “I think we need clarity on what the government's position is. Once we get more clarity, we will have an opinion."

Jet Airways has expressed its interest in the national carrier officially for the first time. 

Earlier this month, Budget carrier IndiGo rejected the report of collaborating with Qatar Airways to bid for Air India.

IndiGo in a statement clarified that there are no ongoing discussions of such nature.

"There have been some Press reports indicating that IndiGo is partnering with an airline from the Gulf to bid for Air India," IndiGo said.

"While IndiGo normally doesn't respond to rumours, in this particular instance, we would like to state that there are no ongoing discussions of this nature," it added.

IndiGo's statement came after reports surfaced that IndiGo and Qatar Airways were likely to make a joint bid for Air India. 

Meanwhile, it was reported that the government has not taken a final decision yet on how much stake in Air India it wants to sell, Minister of Civil Aviation Ashok Gajapathi Raju said on Wednesday.

Last year, the Union Cabinet approved privatisation of the debt-laden national carrier, which is staying afloat on taxpayers' money. A group of ministers has been appointed to chalk out the strategy for Air India's stake sale.

"There is no final decision that has taken place, there are lots of suggestion, there is lots of thinking. (Some suggest) why not have a share (in Air India) so that if the market goes up you can recover (debt). I say you are welcome to suggest," Raju, the then aviation minister said at a press interaction in response to a question on whether the government had decided on how much percentage it would like to disinvest in the Air India.

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