IndiGo shows interest in Air India's divestment: official


New Delhi, Jun 29 (PTI): Low-cost carrier IndiGo has written to the ministry of civil aviation expressing an interest in taking over Air India's international flights.

"IndiGo has written a letter with an unsolicited expression of interest (EOI) in the divestment procedure of Air India," Civil Aviation Secretary R N Choubey said today.
The Cabinet yesterday gave its in-principle approval for the divestment of the national carrier.

IndiGo said in a letter it would be interested in buying out the International operations of Air India and its low-cost wing, Air India Express.

If that was not possible, it would like to buy the entire Air India flight operations, including domestic, IndiGo President Aditya Ghosh said in the letter.

The letter, to Union Civil Aviation Minister Ashok Gajapathi Raju, was sent after the Cabinet decision yesterday, officials said.

"Many other private players, both domestic and international, have approached us. But those were informal talks. IndiGo's was the only formal EOI," said Minister of State for Civil Aviation Jayant Sinha at a media briefing here.

  

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Comment on this article

  • Leslie, udupi

    Thu, Jun 29 2017

    More public ...
    More corrupt...
    More private...
    Dingalaalaa...

    DisAgree Agree Reply Report Abuse

  • Evans Christopher Sumitra, Udupi/ New York, USA.

    Thu, Jun 29 2017

    IndiGo's interest in buying International operations of Air India and its low cost-wing, Air India Express is a healthy choice. At least, Air India will stop losing money in future. Right now, it is in deep red.

    DisAgree Agree Reply Report Abuse

  • HENRY MISQUITH, Bahrain

    Thu, Jun 29 2017

    Everyone should welcome this decision as
    Air India is operating at a loss of 18000 Crores per annum which is compensated by Govt (Tax payers money )

    DisAgree Agree [1] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Thu, Jun 29 2017

    Our Politicians should stop traveling frequently by Air India ...

    DisAgree Agree Reply Report Abuse


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