{"id":118976,"date":"2017-06-29T11:46:11","date_gmt":"2017-06-29T11:46:11","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=118976"},"modified":"2017-06-29T11:46:11","modified_gmt":"2017-06-29T11:46:11","slug":"air-india-privatisation-indigo-wants-to-buy-stake-in-debt-laden-carrier","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/air-india-privatisation-indigo-wants-to-buy-stake-in-debt-laden-carrier\/","title":{"rendered":"Air India privatisation: IndiGo wants to buy stake in debt-laden carrier"},"content":{"rendered":"<p>IndiGo airlines, owned by InterGlobe Aviation, has expressed an unsolicited interest in buying a stake in state-owned carrier Air India, television channel CNBC-TV18 reported on Thursday quoting the aviation ministry.<\/p>\n<p>The Cabinet on Wednesday gave approval to privatise debt-laden Air India, the first step of a process that could see the government offload an airline struggling to turn a profit in the face of growing competition from low-cost rivals.<\/p>\n<p>Shares in InterGlobe Aviation were trading lower by 3.3 per cent at 0841 GMT in a strong Mumbai market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IndiGo airlines, owned by InterGlobe Aviation, has expressed an unsolicited interest in buying a stake in state-owned carrier Air India, television channel CNBC-TV18 reported on Thursday quoting the aviation ministry. The Cabinet on Wednesday gave approval to privatise debt-laden Air India, the first step of a process that could see the government offload an airline struggling to turn a profit in the face of growing competition from low-cost rivals. Shares in InterGlobe Aviation were trading lower by 3.3 per cent at 0841 GMT in a strong Mumbai market.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[229],"tags":[],"class_list":["post-118976","post","type-post","status-publish","format-standard","hentry","category-civil-aviation"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/118976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=118976"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/118976\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=118976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=118976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=118976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}