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Govt offers Air India with loan against aircraft of Rs 23,286 crore

Govt offers Air India with loan against aircraft of Rs 23,286 crore

Monday, January 27, 2020, 3:26 PM

The government has invited bids to sell 100% stake in Air India for the second-time after a failed attempt in 2018. The last date for submission of bids for the national carrier will be March-17-2020. The government, however, has sweetened the deal this time by offering 100% in the airline as well as reducing the debt of the company to about Rs.23,286-crore from Rs.62,000-crore.
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