New Air India sale offer may keep working capital debt out

NEW DELHI: The government is likely to consider selling Air India in such a way that the acquirer does not have to take on its working capital debt, thus halving the burden and making it a more attractive prospect, said people with knowledge of the matter.

The carrier, which the government is again trying to sell after having failed in 2018, will then be left with just Rs 15,000 crore of debt, for loans taken to buy planes.