Why buyers will be wary of Air India
While the government has made various concessions for buyers interested in Air India, analysts still remain sceptical on the sale of India’s flag carrier, given the many riders that come with it.
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Meeting the govt’s ₹1.05 lakh crore sell-off target
The easiest way to meet or even exceed the disinvestment target is for the government to reduce its stake to 49% in various central public sector units.
Consolidation: The winner takes it all
There is a new wave of consolidation across sectors in the economy. Should India be worried? Or, is it a rite of passage?
Sad some good airlines have disappeared: Branson
Virgin Atlantic founder Richard Branson says India is becoming an important part of his company’s growth, as the airline triples its seat capacity next year.
The road to disinvestment
If the government moves fast on strategic sale, consolidation among various public sector units, and bringing down its stake to below 51% in CPSEs, it may achieve its disinvestment target.
Indian carriers to buy 2,380 aircraft in 20 years
Even as Indian companies are ordering aircraft this winter to cope with increased demand, a forecast by aircraft major Boeing says that the industry is on a good course for the next two decades.
Qatar Airways, IndiGo seal tie-up
Akbar Al Baker, group chief executive of Qatar Airways, said the airline was keen on buying a stake in IndiGo, but the time was not right.
Domestic passenger traffic rebounds in May
India’s aviation sector reported a modest 2.8% YoY growth in passenger traffic in May, as Indian airlines added capacity led by budget-airline SpiceJet.
Domestic airline losses may widen to $1.9 bln
Rising oil prices and low fares are making carriers bleed, CAPA report says.
New turnaround plan for Air India
The state-owned carrier is saddled with a debt of over Rs 50,000 crore, a major reason why the government failed to receive any bids for a 76% stake in the airline.
