News Digest

02 January 2018
Air India stake sale: Debt-laden flag carrier to o

Debt-laden flag carrier Air India will open its books to all prospective bidders by giving them access to a virtual data centre that would contain relevant information on assets, liabilities and contracts signed to date. "It will have details of all assets, such as slots, aircraft and others, liabilities, and details of all the contracts that the airline has signed to date with various vendors. This will be a one-stop answer to all the questions that a bidder would have," said a source aware of the plan

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