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CLARA MOSCHINI

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Planes and carrier. Air India: nobody wants it

The airline is on the way to partial privatization

According to a strategic disinvestment plan, the Delhi government sells 76% of the shares

According to the Indian press agency "Pti" (Press Trust of India), the Indian government has announced that it has not received any expression of interest or offers for the acquisition of the Air India's shares. The Ministry of Civil Aviation confirmed the lack of aspiring interested in joining the company's share package and declared in a tweet: "As informed by the transaction's advisor, we did not receive any reply for the expression of interest to the Air India's strategic disinvestment". The Ministry added that further steps and changes will be established in the most appropriate way in the future.

The Indian national carrier is part of the National Aviation Company of India Limited and it is the only State-controlled carrier in the country after the merger with Indian Airlines completed in 2010. The important operation undertaken by the Indian government therefore concerns Air India, its low-cost subsidiary Air India Express and the Air India Sats Airport Services Pvt Ltd. company. The decision to divest 76% of the company thanks to the transfer of control to private operators has been taken since the carrier, now on the way to partial privatization, has long been burdened by a substantial debt.



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