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India prefers domestic buyer for Air India: government source

According to sources, the government is mulling selling the airline's various businesses such as ground-handling, domestic operations and international flights - in parts.

October 16, 2017 / 18:38 IST

India would prefer selling state-owned Air India to a domestic buyer, a government source told reporters on Monday, as it finalises the privatisation process.

Earlier this year the government said it would sell its stake in the loss-making airline but it has yet to decide what to do with the carrier's debt burden of USD 8.5 billion.

The government is mulling selling the airline's various businesses - which include ground-handling, domestic operations and international flights - in parts, the source said.

first published: Oct 16, 2017 06:30 pm

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