Air India Express

Business

Disinvestment / Government will sell 100% stake of Air India with management control, asks for bids by March 17

new Delhi. The Center on Monday released an auction document to sell 100% stake in state-run Air India. Accordingly, Air India will also sell 100% stake in its subsidiary unit Air India Express and 50% stake in joint venture Air India SATS as a strategic disinvestment. Also, the management control of the airline will also be assigned to the buyer.

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Business

Disinvestment / Government will sell 100% stake of Air India with management control, asks for bids by March 17

new Delhi. The Center on Monday released an auction document to sell 100% stake in state-run Air India. Accordingly, Air India will also sell 100% stake in its subsidiary unit Air India Express and 50% stake in joint venture Air India SATS as a strategic disinvestment. Also, the management control of the airline will also be assigned to the buyer.

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