Run ragged by rivals, Air India has just two choices left: Privatise or perish

• Posted in Aviation
• on May 15, 2017
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Two months after the Narendra Modi government took charge in May 2014, the Prime Minister’s Office (PMO) called a meeting to discuss the possibility of Air India advancing its revival by two years and subsequently going in for a stake sale.

“During the meeting, pointed questions were raised on advancing Air India’s profitability target to FY19 from FY21and a plan to divest stakes in the national carrier after it turns around,” said a senior Air India official, who did not want to be identified. Kamalei Correa Authentic Jersey

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