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 the ministry's foundation, reported Newsavia. This means the original plan under the local government's Propriv — the shorthand it uses for its Privatizations Program —…
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…
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…
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…
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…
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…
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…
The year in Brazil started with a new government promising significant changes in the way the country does business, including fighting criminality, restructuring government spending and promoting liberalism. In addition to potentially reforming the country, those measures will probably affect the economy and consequently, the aviation industry. If the new…
As part of a series surrounding airline privatization, we have dived into numerous ways airlines opt to join the market, including public issuance of shares and trade sales. This covers a good portion of the industry, but there are still many ways that airlines go from the hands of the government…
This week I was reminded of Air India’s failed privatization attempt back in May. The Indian government was looking to divest a 76 percent stake in the airline but had some trouble getting reasonable bids. This was probably because most sane investors were waiting for better conditions or were torn…
