Can have controlling stake of 76%, other domestic airlines will be able to own only 39%
Aren't their interests better served in a financially happier environment?
The government has initiated the process for strategic disinvestment of debt-laden Air India as part of efforts to revive the national carrier
The government proposes to transfer all of Air India's non-aviation assets and short-term loans of as much as Rs 30,000 crore
Air India's assets such as real estate could also be spun off into a separate company
Segregating international operations may kill the company's business model and erode its value
We appeal to the govt not to go for privatisation, we are always ready to turnaround Air India: ACEU
Of Rs 46,500 cr debt, around Rs 30,500 cr is on account of working capital; rest is aircraft loans
Tatas' acquisition would bring a lease of life for AI and increase competition in the Indian skies
Before its merger with Indian Airlines, Air India owned villas and apartments across the world
Sources say NITI recommended strategic disinvestment by transfer of control from govt to pvt owner