Which of the following companies was among one of the companies who bid to acquire air India?

The correct answer is Spicejet.

Key Points

• Tata Sons was chosen to acquire the National carrier Air India.
• Ajay Singh, the chairman of SpiceJet, and Tata Sons both submitted bids earlier(in their individual capacities).
• Union Minister Piyush Goyal downplayed reports that Tata had won the contract.
• The centre tried to sell in March 2018, but due to worries over the airline's ballooning debt.
• Finally, no one expressed interest in buying its expression of interest to sell a 76 per cent ownership.

Important Points

• A successful proposal of 18,000 crores was made by the salt-to-software conglomerate to repurchase the airline.
• It has been more than 50 years since it had been given to the government by Tata Sons.
• Air India Express employs 1,434 people.
• The winning bid included a 50% investment in the ground-handling firm Air India SATS Airport Services Private Limited in addition to a 100% stake in Air India and its low-cost subsidiary, Air India Express (AISATS).​

Additional Information

• Air India still has control over more than 4,400 domestic, 1,800 international, and 900 international landing and parking slots at domestic airports despite its perilous financial situation.
• JRD Tata founded Air India in 1932 under the name Tata Air Services.
• In 1953, the government nationalised the business.
• JRD Tata remained the organization's chairman until 1977.