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GOVT. SWEETENS AIR INDIA OFFER, PUTS 100% STAKE ON THE TABLE

Why in news?

The Union government invited bids for a 100% stake sale of Air India

(AI) and transfer of management control along with its complete share in two subsidiaries

What will a bidder get?

The buyer will get a total of 146 aircraft, 56% of which are owned by the airline

group, while the remaining are on lease

Alt Text: Government Ease Conditions for Air India buyers 2018 2020 Legacy IAS Academy Best IAS Academy in Bangalore

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October 2022
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