Tag: Air India

Government of India has decided to sell 100 per cent stake of Air India

Civil Aviation Minister of India and Ministry of Housing and Urban Affairs in India Hardeep Singh Puri has expressed the Indian Government’s decision to sell its 100 per cent stake ofAir India (AI). It includes its 100 per cent stake in low-cost airline Air India Express and 50 per cent shareholding in joint venture AISATS Airport Services Private Limited. Key Points: The deadline for submitting the interest to bid Air India is March 17,2020 .The net worth of the parties interested in bidding for Air India should be Rs 3,500 crore.