India Is Moving Ahead With Plan to Sell Its Flagship Airline

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Dhiraj Singh  / Bloomberg

India is selling a controlling stake in its flagship carrier along with two-thirds of the loss-making airline’s about $7.8 billion debt, as Prime Minister Narendra Modi moves ahead with the nation’s most high profile asset sale in decades. Dhiraj Singh / Bloomberg



Skift Take: IndiGo is already developing long-haul flights, and maybe, if it ends up buying this controlling stake in Air India, India's biggest airline will be in a stronger position despite the debt situation.

— Sarah Enelow

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