Air India privatisation: IndiGo walks out of race for domestic operations

This is a setback for disinvestment process of Air India as no other Indian airline has capability to fund the process

IndiGo, India’s largest airline, has pulled out of the race for Air India, dealing a blow to the government’s disinvestment plans. IndiGo was the only airline that had officially expressed an interest to buy the state-owned carrier.

IndiGo said it was pulling out as it was not interested in taking over Air India’s domestic operations. Last year, IndiGo had made it clear it was primarily interested in Air India’s international business and its low-cost subsidiary Air India Express, which operates in West Asia. “Quite simply, we are interested in the airline operations of Air India. And more specifically, we are