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Tata seeks to buy cash-strapped Air India, as do airline workers

Government says 'multiple' expressions of interest received by deadline

An Air India Airbus A320-200 takes off: Sources say Tata Group, which founded the carrier in 1932, seeks to regain the airline.   © Reuters

NEW DELHI -- Indian conglomerate Tata Group and a consortium including Air India employees expressed interest in buying the beleaguered state-run airline by Monday's deadline for entries, sources familiar with the development say.

The government, making a second attempt to sell Air India after a failure last year, extended the deadline for expressions of interest several times this year amid the coronavirus pandemic, and is now expected to announce a short list of bidders by Jan. 5.

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