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An Air India 777-200 on the ground in San Francisco (Photo: AirlineGeeks | Parker Davis)

Air India to Be Sold as Four Entities as Part of Government Divestment

The government of India has announced a plan for the sale of Air India, after an earlier decision to privatize the company. The Indian government announced that will be dividing state-owned Air India into four separate companies, offering at least 51 percent of each entity, as part of a proposed divestment plan. The new plan will maintain Air India and its low-cost subsidiary Air India Express as the core airline businesses, with the other three units will be comprised of…