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Monday, December 30, 2024 | 12:49 AM ISTEN Hindi

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Air India sale: Non-commitment to protect global routes a deal dampener?

Govt will retain Air India's international bilateral flying rights for only six months which may dis-incentivise potential buyers if the rights are re-allocated to other airlines after that

Air India
Premium

Sai Manish
Governments in the past had always provided Air India preferential treatment while allocating bilateral flying rights. These rights, the result of air service or transport agreements signed by India with nations across the world, specify the number of seats or frequency of flights that can be operated by a country with the other. 

India has air-service agreements with 115 nations that allow millions of seats (or passengers) every week to be flown by airlines between destinations to and from these nations. These sovereign rights are exclusively owned and allocated by the Indian government.

The preliminary information memorandum for selling Air

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