Poor decisions taken by AI may affect its stake sale targets

The Narendra Modi-led Government’s plan to sell debt-laden airline Air India is well on track but the sale may not mop up the targeted yield owing to its value erosion over last several months since it decided to stop selling tickets on the platform of global ticketing distribution company Amadeus.

In October last year, Travelport had announced that it had “won competitive tender process undertaken by Air India for the sole provision of distribution of its domestic flight content in the airline’s home market”.

The national carrier had decided to shift to Travelport despite several senior officials raising objections against the move.