As the government of India attempts to privatise Air India, media reports suggest the second time around is seeing renewed interest. Reports also indicate the government is keen the Air India brand is retained post any sale. One can see why. The airline is still India’s national carrier and the brand has a high recall value and familiarity quotient. Despite …
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Two weeks ago, the Government of India released its preliminary information memorandum (PIM) inviting expressions of interest on their strategic divestment of national carrier Air India. The last week has seen, three of the most likely suitors indicating their lack of interest in bidding for the beleaguered airline. Download a copy of the PIM at the end of the article …
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Indigo’s analyst call on 6th July was scheduled to allay investor concerns about the new direction the airline was taking after submitting the unsolicited bid for Air India. One of the founders admitted, that without numbers, it was like “going to a corporate board meeting in a swim suit” and we wholeheartedly agree. If anything it added to the confusion …
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