Air India Stake Sale

Win-win deal: Why Air India privatisation has drawn little to no criticism

That such a deal can be greeted with celebration in the camps of both buyer and seller speaks volumes about the airline and its recent history, writes T N Ninan

Air India reserve price likely to be fixed at Rs 15,000-20,000 crore

A lower bid amount may not halt the disinvestment process

DPIIT notifies decision to permit NRIs to own up to 100% stake in Air India

The FDI policy earlier permitted NRIs to take only 49 per cent stake in the airline

Govt needs to infuse Rs 3,000 cr in Air India as sale to get delayed: CAPA

In January, the government restarted the divestment process of the carrier and invited bids for selling its 100 per cent stake in both Air India and Air India Express

Air India sale: Sweeteners galore for the bidders in govt's new EoI

Prospective buyers can now sell off the airline after a year, require reduced net worth to be eligible and don't need to have shown profits in the past to be eligible for bidding

Govt to sell 100% stake in Air India; sets March 17 as deadline for bids

Ashwani Lohani said Air India does not have 'excess staff' and the retiring employees' medical benefits issue is being sorted out

Air India privatisation: Employee unions to meet in Delhi to discuss plan

There are around a dozen recognised trade unions at Air India

Air India stake sale: Govt likely to float EoI for airline after mid-Jan

Roadshows were recently held in Singapore and London to gauge investor interest for the debt-laden national carrier

AI pilots' union urges govt to allow members to quit without serving notice

They have written a strongly-worded letter to Minister of State for Civil Aviation Hardeep Singh Puri regarding their dues

Govt looks to move debt out of Air India balance sheet before stake sale

The official also said the government is trying to work out some formula to further make the deal more sweeter

Fuel cost, forex rate variation led to Rs 4,685 cr loss for Air India: Govt

The impact of exchange rate variation led to an increase in expenses from Rs 31 crore in 2017-18 to Rs 772 crore in 2018-19

Not possible to keep Air India functioning without privatising it: Puri

Earlier in August this year, the Civil Aviation Minister had said that the government is determined to privatise Air India and people are interested in buying it

Air India privatisation: Govt to offer lucrative deal, says minister Puri

On being asked about state funding for Air India, Puri said that governments has its own limits

Air India sale: Investor outreach on, meeting potential bidders, says Puri

Air India disinvestment: Making forward movement, seeking potential investors: Puri

Air India stake sale: Roadshow in Singapore this week to woo bidders

The national carrier has a debt of Rs 57,000 crore and the bids will be invited for 100 per cent stake

Air India stake sale: EoI for bidders to be issued in first week of January

Significant interest among large companies to acquire the airline

Air India stake sale: Roadshows likely soon in Singapore and London

Dipam, civil aviation ministry, EY, AI officials to conduct roadshows

Amit Shah panel sets the ball rolling on sale of debt-laden Air India

Officials aware of the deliberations in a meeting of AISAM on Thursday said the agenda was to seek a formal political approval for the re-initiation of the privatisation process

Govt may sell part of Air India to foreign airline for Rs 30,000 cr: Report

The government will also likely invite preliminary bids for the carrier by October 10

Govt comes closer to fully exiting Air India, reaches out to investors

This will be the government's third attempt to sell the debt-laden national airline