Aviation Government won't extend May 31 deadline for Air India's bidders Updated : May 30, 2018 02:57 PM IST The government is looking at divesting 76% of its stake in Air India but will be retaining 24%. The Civil Aviation Ministry put out clarifications for 160 questions from interested bidders on the disinvestment of Air India and its two subsidiaries — Air India Express and AI-SATS. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.