March 14, 2024 5:45 pm ET
December 16, 2019 12:00 am ET -
Indian Government Announces 100 Percent Sale of Air India
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…
November 3, 2019 12:00 am ET -
Air India Makes Some Progress Towards Privatization
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…
September 29, 2019 12:00 am ET -
Air India Selling Real Estate to Reduce Debt Burden
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…
September 15, 2019 12:00 am ET -
Indian Government Expected to Offer Entirety of Air India for…
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…
September 1, 2019 12:00 am ET -
Air India Under Fuel Withholding Threats at Two More Indian…
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…