Daily Archives: July 4, 2017

Seven reasons why Indigo has bid for Air India

VT-ALA Air India Boeing 777-200LR at Delhi Airport.

Just as the cabinet decision for Air India was approved, the unsolicited bid by Indigo caught the entire airline industry by surprise. The surprise factor is perhaps best highlighted by the stock price which took a beating and fell on average by 8% in the two days following the announcement. However, the bid represents a very smart and planned move …

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