Air India's domestic, international operations will be sold together: Sinha

Air India's domestic, international operations will be sold together: Sinha

With the momentum for the strategic disinvestment of Air India gathering pace, Minister of State for Civil Aviation Jayant Sinha on Friday said Air India's domestic and international operations will be sold together.

Sinha said it is seeking bids for both domestic and international operations of the airline together.

"What we will be offering through the bidding process is the integrated airline, which means both domestic and international operations together," Sinha said.

Sinha said IndiGo has sent a formal letter expressing interest in the airline's international operations while some other players have shown interest in ground handling. However, he said the ministry has not received any formal letter from Tata Group.

He said the Group of Ministers is in the process of identifying which subsidiaries of Air India should be offered separately.

"Even if they are offered separately, if you want to bid for each one of them and re-integrate them, we are providing flexibility," he said.

The Union Cabinet in June had given "in-principle" go ahead for the strategic disinvestment of debt-ridden Air India after tasking a Group of Ministers to work out its modalities.

 

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