Civil Aviation

Air India: Up for grabs again

Print edition : March 13, 2020

Air India flying the inaugural trip as its new route from Lucknow to Najaf, Iraq, on February 14, 2019. The airline has coveted routes and parking slots across the world. Photo: HAIDAR HAMDANI/AFP

K. Shyam Sundar, Chief Executive Officer, Air India Express Ltd., addressing at the media in Tiruchi on February 13. The company reported a profit of Rs.164 crore in 2019. Photo: M. Moorthy

Air India management personnel, cabin and cockpit crew in front of a Boeing 747 aircraft at Indira Gandhi International Airport just before its departure for the coronavirus-hit city of Wuhan in China to bring back Indians, on January 31. Photo: PTI

Air India is up for sale again, with the government sweetening the deal with so many concessions that whoever wins the bid will gain a company of great value at what might be a throwaway price.
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