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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

Published Sun, Jul 9, 2017 · 09:50 PM
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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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