Airlines
Government To Divest Its Entire Stake in Air India
India solicits its second Expression of Interest for the state-owned airline in two years.

The Indian government has granted “in-principle” approval for the disinvestment of debt-ridden Air India through transfer of management control and sale of its 100 percent equity share capital along with its two profit-making subsidiaries, Air India Express and Air India SATS Airport Services, in which it holds a 50 percent share with ground handling and cargo handling service company SATS of Singapore.


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