Page 2 - Air India Sale

Beyond Air India

The airline's privatisation should just be the beginning

Tatas, US-based fund Interups among bidders for debt-laden Air India

The latter's bid is made in partnership with a group of airline employees

Air India bidding to be on enterprise value, deadline extended till Dec 14

Minister says says bidding will be completed by end of December, will attract parties who till now had constructed the debt amount as a minimum threshold bid amount.

Air India sale on uncertain path, bidding likely to be deferred again

New global-standard bid conditions may still not yield optimum results for the government

Air India: US based fund in talks with banks, others to join the bid

The InvIT structure will help the fund to encourage institutional investors to participate in Air India's growth story once its privatisation is over

Govt planning to absorb large portion of Air India's debt to woo buyers

Airline has Rs 23,286-cr debt; GoM likely to take a decision on the proposal in two weeks

Govt weighs dropping debt condition in plan to sell Air India: Report

Despite the losses, the airline has some lucrative assets which include prized slots at London's choked Heathrow airport, a fleet of more than 100 planes and thousands of trained pilots and crew

Tata group seeks financial partners to bid for crisis-hit Air India

Last date for submitting EoIs for Air India is August 31

Air India employees' unions seek Rs 50,000 crore financial package

In a letter to Prime Minister Narendra Modi, the joint forum said that Air India is a "necessity" for the country

Govt extends deadline to bid for Air India by two months till 30 June

The aviation sector has been hit hard by Covid-19 with airlines cancelling international flights and announcing pay cuts for employees.

Air India sale to be delayed as govt mulls extending last date for EOI

Bidders, who are communicating with the Indian government, say the bankruptcies announced by several airlines globally due to the travel ban to control the coronavirus pandemic have hit investor senti

Govt needs to infuse Rs 3,000 cr in Air India as sale to get delayed: CAPA

In January, the government restarted the divestment process of the carrier and invited bids for selling its 100 per cent stake in both Air India and Air India Express

Coronavirus outbreak takes a toll on Air India's disinvestment process

Industry executives and investment bankers said there is less chance of the process being successful in the current situation as business houses, including airlines, are looking to conserve cash

Top Headlines: Key Cabinet decisions, Coronavirus updates, and more

The government on Friday extended the deadline for submitting bids for buying 100 per cent stake in Air India till April 30. The deadline was originally set at March 17

Govt extends deadline to submit bids for Air India sale till April 30

In January, the government restarted the divestment process of Air India and invited bids for selling 100 per cent of its equity in the state-owned airline

Coronavirus to affect aviation industry of both China and wider region

Coronavirus outbreak will have a severe impact on the tourism and aviation industry of both China and that of the wider region

Vistara considering a bid for Air India, says chairman Bhaskar Bhat

"Which company would not be interested in evaluating a sovereign airline of the country?" Bhat said

Govt likely to extend March 17 deadline to submit bid for Air India

The government has already extended the deadline for bidders to raise queries on the proposed strategic sale of Air India to March 6 from February 11

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's disinvestment will not face any problems this time: Puri

The minister also assured the employees at Air India that their requirements would be foremost in the airline and factored in whatever arrangement is decided with the successor