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EMIRATES NOT TO BID FOR AIR INDIA'S STAKE

INDIA, Emirates would be likely pulling out of the bid for a stake in Air India, the Hindu Business Line reported. It seems also Qantas dropped the plans to bid for the carrier. The bidders still in race would be India's Tata group of companies with Singapore Airlines Ltd., the SkyTeam combine of Delta Air Lines Inc. and Air France SA, and the U.K.-based Hinduja group. The airline which will hold the...

AVIONEWS - World Aeronautical Press Agency - 8573

AVIONEWS - World Aeronautical Press Agency
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