NEW DELHI: With IndiGo and now Jet Airways bowing out from the Air India disinvestment process, Congress leader Manish Tewari today saw it as an attempt by bidders to buy the national airline at a lower price through pressure.The former information and broadcasting minister took to Twitter to state his observation and tagged an article about the airlines' decision against bidding for AI, with the tweet. "Bidders are deliberately creating pressure to buy Air India at a lower price than even the proposed sell out. These are Standard Operating Procedures when Privatisation becomes a Sina qua non for garage sale of Public Assets," he tweeted.Jet Airways today said it would not be participating in the Air India disinvestment process, becoming the second domestic airline after IndiGo to make such a decision in less than a week. "We welcome the government move to privatise Air India. It is a bold step.

Source: Economic Times April 10, 2018 16:07 UTC