Page 4 - Air India Sale

Qatar Air interested in buying stake in IndiGo, not Air India, says CEO

"No! We are not interested in Air India," Akbar Al-Baker, CEO of Qatar Airways, replied to a question on the airline's interest in Air India

Air India privatisation: Bumps on the runway that are slowing sale take-off

Among the key issues holding Expression of Interest (EoI), first stage of bidding, is whether FDI norms have to be relaxed to allow foreign airlines to take full control

Govt to invite preliminary bids for 100% stake sale in Air India next month

The airline is sitting on a debt pile of around Rs 58,000 crore, besides huge accumulated losses running into thousands of crores

Shah to head ministerial panel on Air India sale, Gadkari dropped: Report

The panel, which will work out modalities for Air India sale, will now have four ministers - Shah, FM Nirmala Sitharaman, Commerce and Railway Minister Piyush Goyal and Civil Aviation Minister Hardeep

Govt likely to set October deadline for cash-strapped Air India sale

The Centre is planning to liberalise the terms and conditions for the sale of Air India

Govt eyes about Rs 7,000 cr from Air India sale in second half of FY20

In November last year, a ministerial panel headed by Finance Minister Arun Jaitley had approved transferring Rs 29,000 crore debt to a special purpose vehicle (SPV)-- Air India Asset Holding Company

Air India disinvestment: 4 subsidiaries will be up for sale soon, says govt

The government has prepared a list of the airline's assets that could be hived off as part of the strategic sale plan for Air India and its subsidiaries, officials said

Govt to revisit Air India disinvestment plan after oil prices stabilise

Union minister Jayant Sinha said that Air India has shown 'considerable improvement' in operational and financial parameters

Is Delhi pollution causing some politicians' to make delusional statements?

The link between air pollution and political delusion appears to be getting stronger by the day

Lack of response stopped Air India sale, says PM Narendra Modi

We don't want to make a sale where we will be accused of selling something for X amount when we could have got more, the PM added

Air India sale will be determined by market conditions: Modi

'For Air India, the government has done what it had to with utmost sincerity,' the PM said

Air India's villas, apartments in Paris, London, Tokyo may be put for sale

The airline's officials confirmed some of these properties may be made part of its strategic sale

After Air India stake sale flops, Modi govt plan back to the drawing board

The failure is a setback to Modi's reformist image ahead of national elections due next year

Air India sale exposes hurdles for Narendra Modi's divestment drive

Modi's government announced a plan in March to divest a 76 percent stake in Air India and offload about $5.1 billion of its debt

After IndiGo, Jet, now Tata may not bid for Air India citing onerous terms

A lack of interest from Tata is likely to put pressure on govt to rethink its terms or even the structure of the sale

Air India buyer has to take over interest-bearing debt of Rs 165 billion

Additionally, a large portion of the debt are aircraft related, meaning they are backed by aircraft value

Air India employees protest for 30 minutes against airline's privatisation

With such meetings, the various unions are trying to create an awareness among the employees about the impending job losses

After IndiGo, Jet Airways not to participate in bid for stake in Air India

While Jet Airways never formally announced its interest in AI, the management held discussions with its alliance partners and investors to put up a proposal

Swiss Aviation Consulting denies bid for debt-laden Air India assets

SAC has never expressed interest in acquiring Air India or parts of it, or has acted as a front for some other stake holder

Who will bell this cat?

'Jewel of our nation' Air India is finally on the block but the actual sale may be more difficult than we think