Interest among global airlines likely in Air India divestment: CAPA
Interest among global airlines in the upcoming divestment of Air India is likely to be strong this time, the Centre for Asia Pacific Aviation (CAPA) said on Wednesday.
In a statement, CAPA said that it does “not rule out the possibility of some leading carriers including those from the Gulf participating in the tender in a joint venture with large Indian conglomerates.”
The aviation advisory, however, cautions that the current global and national economic environment and geo-political instability may have some impact on investor sentiment. “However, the outlook for the performance of Indian carriers remains,” it adds.
