Air India eyeing Serbian airline

After surviving all bids at privatisation, Air India and Indian, the two merging state-run carriers, are bidding to buy controlling stakes in Jat Airways, Serbia’s national airline.

This is the first time in its history that Air India is looking at buying another airline , let alone an international flagship. The only other contender for acquiring Jat Airways—formerly called Yugoslav Airlines—is Russia’s national carrier Aeroflot, which has already made a competitive bid for the offer.