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Daily Insight: Monday 27 May 2019: Air India for sale again

News Fresh after the elections the government is once again trying to sell Air India.  The last attempt did not attract even one bidder. It appears the goal is to try attract a bid for $1Bn for the airline.  This is a very big number considering that Air India...

Air India sale flops

Bloomberg is reporting that the attempted sale of Air India by the government has attracted no buyers.  As they point out this is a blow to the Prime Minister. Since the deal required taking on 66% of the airline's $7.8bn in debt to get 76% of the company, the lack of...

Air India to Tel Aviv

Air India has announced its intention to serve Tel Aviv.  The growing relations between Israel and India are driving the need for direct air service. What is key to the service is that Air India has been granted permission to overfly Saudi Arabia, offering a more...

Why Air India’s privatization might not occur

Take a look at this story.  A quick read, it explains why there is no long line of investors waiting to take the airline private. The government does not want Air India to become defunct like Kingfisher Airlines, promoted by liquor baron Vijay Mallya. That's easy. Mr....

Air India sale flops

Bloomberg is reporting that the attempted sale of Air India by the government has attracted no buyers.  As they point...

Air India to Tel Aviv

Air India has announced its intention to serve Tel Aviv.  The growing relations between Israel and India are driving...