Posted inAT Finance, India, South Asia, World

India to split state-run airline into two before sale

In its endeavor to sell off its loss making state-owned assets, the Indian government has come up with a new plan to privatize the state-run Air India (AI). It may first divide the enterprise into two: AI and Air India Express (AIE), which operates low-cost flights to West Asia and South-east Asia, would be combined […]

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