AIR INDIA PROBLEMS NOT CLEARED

 

Mumbai,April 11,(globelmedianews.com):
The situation has come to diversify the strategic shareholding of the Air India strategies, which began with a lot of hopes. Jet Airways announced that they are not going to participate in the bidding process for Air India. Another domestic airline Indigo ...The announcement was made from Jet Airways, not just days after the announcement of Air India's withdrawal from the competition. Two companies have announced that they have come to this decision after examining the bidding process. However, the basic information document has also been issued. In fact, this decision has been made after Jet Airways has not been informed yet, but it has been discussed with Airfrancons-KLM, Delta Airlines, who participated in the Air Bidding participation. Jet Airways's Deputy CEO, Amit Agarwal said in a message that AIRINDIA's privatization is a dynamic decision and we have decided to stay away from it after studying the basics of basic information. He did not explain the specific reasons for this decision.


AIR INDIA PROBLEMS NOT CLEARED

Indigo has expressed interest in buying shares since the government announced on March 28 last year that it will withdraw investments in Air India. However, the company has shown interest in buying Air india Express, Air India international operations. However, there is no such mention in the basic information document issued by the government, "said Aditya Ghosh, director of the IndiGo president and director of Indigo, as saying. On the other hand, it was initially predictable that Airtel race would be the best among aviation companies in the country. But there is no formal statement from Tatas. They do not have the best interest in Air India because they have not been officially formalized or have no interest in their mouths at least for the bidding process. Airirda is falling in debt and it seems because the children are not very interested in it. According to the basic information issued by the government, only 24 percent of Airtel puts 76 percent of the shares to the strategic partner. Ownership rights are also in their hands. A bid-winning company for at least three years will have to invest in Air India. However, according to latest data, last year, Air India added Rs 8,816 crore extra burden. The total debt burden is Rs 33,392 crores. These statistics also have some modifications based on new flights and recent purchases. Interested companies will have to provide expressive letters of interest to the Civil Aviation Ministry by May 14. The government will inform the bidder on May 28th. But there is ambiguity about how long the process will proceed in the environment that no one has interested in buying. On the other hand, the government has withdrawn the basic information document that was invited to invite interested parties to purchase a government helicopter service Powhanhans. The government seems to have committed this act because of no response from the bidder to the company.

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