Civil Aviation Minister Hardeep Singh Puri said on Saturday that Air India will divest 100 percent as the choice was now between divesting or closing. “We have decided that Air India will divest 100%. The choice is not between divestment and not divestment, but between divestment and closing. Air India …
Read More »Air India’s new owner may be allowed to downsize the fleet and lay off staff
Since the skies are far from clear, the new owner will also be able to lay off employees, as his requirement will drop with the reduction in fleet size, officials familiar with the matter said. Topics Air India | Sale of Air India | Privatization of Air India The central …
Read More »