Page 4 - Air India Disinvestment

AI Express plans fleet, overseas routes expansion amid privatisation push

Airline is preparing a 10-year vision document aimed at ensuring growth

Air India divestment: AI staff to protest at Delhi airport next week

Seven unions had opposed the govt's decision to dilute its stake in the national carrier

Eyeing International routes: IndiGo wants Air India's overseas business

President Aditya Ghosh has offered to buy the national carrier fully if demerger is not possible

Air India stake sale: Traffic rights, airport slots are the biggest draws

Access to the Indian market and slots at constrained airports like Delhi and Mumbai will be the key attractions for Indian and foreign airlines to invest in Air India, say experts. Bidders will however seek a clarity on debt restructuring and level of government control in the carrier before making a bid.On Wednesday the union cabinet gave an in-principle nod for a stake sale in Air India. Decisions on quantum of disinvestment and allowing foreign participation in bids is yet to be taken. Modalities regarding debt restructuring and demerger and sale of its subsidiaries too is not finalised.Despite the grey areas, the stake plan has drawn interest first from the Tata group and now from IndiGo. A Qarar Airways spokesperson said the airline can not comment at this stage. So what really is driving the interest in Air India."The attraction of investing in Air India lies primarily in its air traffic rights on international routes and peak hour landing slots. Investing in Air India could ...

A soaring decision

But govt should not delay Air India's disinvestment

Cabinet nod for disinvestment: Air India stake sale takes off

Group of ministers to decide exact stake to be sold, process of disinvestment

Air India disinvestment: Workers want govt to waive debt, not sell airline

The Union Cabinet gave its in-principle approval for the disinvestment of Air India hours later