Govt weighs dropping debt condition in AI sale
The government is proposing to drop a condition that the winning bidder for Air India Ltd will have to take on $3.3 billion of aircraft debt, people with knowledge of the matter said, as the government struggles to sell the loss-making carrier kept afloat by taxpayer-funded bailouts.
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The government is proposing to drop a condition that the winning bidder for Air India Ltd will have to take on $3.3 billion of aircraft debt, people with knowledge of the matter said, as the government struggles to sell the loss-making carrier kept afloat by taxpayer-funded bailouts.
