Govt announces plan to sell entire stake in Air India, sets terms for sale


The government said India said on Monday it plans to sell its entire stake in Air India, in a revised push to sell its national carrier after an initial attempt to sell a majority stake in the airline failed to draw a single bid in 2018.

A document inviting expressions of interest in Air India, released on Monday, said the government would sell a 100 per cent stake in the carrier, which operates both domestic and international routes. The document set March 17 as the deadline for submissions of initial expressions of interest.....

This article is no longer available in our repository.

There could be multiple reasons for this.