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India prefers domestic buyer for Air India: Govt source

The government is mulling selling the airline's various businesses

Reuters  |  New Delhi 

Air India
Air India

India would prefer selling state-owned to a domestic buyer, a government source told reporters on Monday, as it finalises the privatisation process.

Earlier this year the government said it would sell its stake in the loss-making airline but it has yet to decide what to do with the carrier's debt burden of $8.5 billion.

The government is mulling selling the airline's various businesses - which include ground-handling, domestic operations and international flights - in parts, the source said.

First Published: Mon, October 16 2017. 20:02 IST
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