SALE OF AIR INDIA:

TATA, SPICE JET FOUNDER AJAY SINGH SUBMIT FINANCIAL BIDS

Presented by
S.S.KAPIL
SALE OF AIR INDIA
 TIME LINE

The Governmet issued “Expression

of Interest” to sell 76% stakes of
Air India was nationalised Air India.

1932 2007 2021

1953
J. R. D. TATA Set up Tata Airlines. Air India was merged with Indian
Airlines to form NACIL(National
Aviation Company of India Ltd)
2018
Govt offered to sell 100% of the
stakes in Air India & Air India
Express and its entire 50% stake in
AI SATS
LOSSES OF AIR INDIA
Financial Consolidated loss
Years after tax(In Rs crore)

2010-011 5,548.26
2011-12 5,552.44
2012-13 6,865.17

2013-14 7,559.74

2014-15 5,490.16
2015-16 5,490.16
2016-17 5,490.16
2017-18 5,490.16

2018-19 5,490.16
 FINANCIAL BIDS

• The Tata Group have officially submitted their respective bids for the Air India sale

• The bid has not been placed through one of its affiliate airlines - Vistara or AirAsia
India, the source said

• SpiceJet promoter Ajay Singh (in his personal capacity) on Wednesday submitted
financial bids for acquiring Air India.
 FINANCIAL BIDS

• The other confirmed bid has been jointly placed by a consortium of Air India employees
and Interups, the chairman of the investment firm, Laxmi Prasad.

• The bid proposes to give 51% stake to the Air India employee association, which
includes 219 staffers, including some board members, and

• 49% stake to Interups Inc (US investment firm), which will act as the financial partner.
THANK YOU