privatization

With no suitable bidders to purchase the airline, the Sri Lankan government announced that it will instead restructure Sri Lankan Airlines.

On March 13, 2024, Pravin Gordhan, the Minister of Public Enterprises (DPE), announced the mutual termination of the plan to partially privatize SAA.

In recent days, consultants from the Italian government’s ministry have been sorting out draft contracts for the final sale of Italy’s national airline, ITA Airways. As already known, it had been announced on Aug. 31 that it had been chosen by the Italian government to go ahead with an exclusive negotiation with the consortium formed […]

Potential buyers for Italian flag carrier ITA Airways want more information about the carrier’s business plan and have sent the company more than 200 questions about the airline’s future as it continues to look toward a future away from government ownership. However, the airline’s president, Alfredo Altavilla, remains confident that the sale will take place […]

The COVID-19 pandemic and its effects on air transport did not change the Angolan government’s goals for TAAG Angola Airlines. The national airline is still expected to conclude its privatization process in 2022, as was announced this week to journalists by Angolan Transport Minister Ricardo d’Abreu in an event to celebrate the 44th anniversary of […]

After months of speculation and a previous failed attempt at privatization, there finally is a confirmation of sorts in the ever-lengthening saga of Air India’s privatization that everyone knew already. The civil aviation minister of India Hardeep Singh finally announced that the government is looking to sell 100 percent of the airline. This point is […]

It is now expected that the official expression of interest for privatizing Air India should be done by the end of November, after a delay of a month in the drawn-out process for privatization. The committee overseeing the privatization was supposed to have it ready by the end of October but a mid-October meeting between […]

The desperate attempts to privatize Air India continue with new developments in the seemingly never-ending saga. After a previous failed attempt, the Indian government has gone back to the drawing board to figure out a way to offload debt and come up with more favorable terms for potential bidders. Overloaded with Debt One of the […]

Developments on the ever-elongating saga of privatizing Air India may be on the horizon as the Air India Specific Alternative Mechanism (AISAM), comprising of a group of ministers within the government, are set to convene soon to finalize their plans to push off the airline to private investors. The plans are expected to consist of […]

While the grounding of Jet Airways was a boom to several airlines in India, it doesn’t seem to be helping Air India that much. The airline is continuing to struggle to pay its bills and has fallen so behind that the Indian Oil Corporation (IOC) and two other fuel companies are refusing to supply fuel […]