Air India break-up an option as Modi pushes for quick sale
A deadline of early 2018 to get sale process underway has been set, but timeline is ambitious and the process fraught
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New Delhi
INDIA is considering selling state-owned Air India in parts to make it attractive to potential buyers, as it reviews options to divest the loss-making flagship carrier, several government officials familiar with the situation said.
Prime Minister Narendra Modi's Cabinet gave the go-ahead last month for the government to try to sell the airline, after successive governments spent billions of dollars in recent years to keep the airline going.
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