Jet Airways, Spicejet likely to join race to buy Air India

Apart from Tata Group, Air India likely to get more bidders as Jet Airways and SpiceJet reportedly will join the race to buy the national carrier. Quoting government sources, a report in the Times of India stated, “The economics of the game will change completely for whichever airline gets Air India. With its 14% domestic and 17-18% international market share, getting AI will be a paradigm shift for the successful bidder. Other airlines like Jet and possibly even SpiceJet will have no option but to bid for Air India”.However, a SpiceJet spokesperson told the newspaper that their airlines is too small to bid for state owned Air India. While in case of Jet Airways, a top source had confirmed that they are contemplating the decision to go on for bidding.

Source: Civil Aviation Authority, Qatar.