{"id":296738,"date":"2019-10-18T11:12:50","date_gmt":"2019-10-18T05:42:50","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=296738"},"modified":"2019-10-18T11:20:15","modified_gmt":"2019-10-18T05:50:15","slug":"government-set-to-halve-air-india-baggage-before-selloff","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/government-set-to-halve-air-india-baggage-before-selloff\/","title":{"rendered":"Government set to halve Air India baggage before selloff"},"content":{"rendered":"<p>NEW DELHI: The government is all set to repay a big chunk of Air India\u2019s loans, removing a key hurdle in the privatisation of the stricken public sector carrier that was once the pride of India\u2019s skies.<\/p>\n<p>It has finished raising Rs 22,000 crore through issue of bonds, of which Rs 7,985 crore was raised on Thursday. This along with the transfer of Rs 7,464 crore of local bonds to the accounts of Air India Asset Holdings (AIAHL) from Air India will almost halve the carrier\u2019s nearly Rs 58,000 crore loans.<\/p>\n<p>The government plans to sell Air India along with low-cost international subsidiary Air India Express and its 50% stake in ground handling company Air India Singapore Airport Terminal Services Ltd (AISATS).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: The government is all set to repay a big chunk of Air India\u2019s loans, removing a key hurdle in the privatisation of the stricken public sector carrier that was once the pride of India\u2019s skies. It has finished raising Rs 22,000 crore through issue of bonds, of which Rs 7,985 crore was raised on Thursday. This along with the transfer of Rs 7,464 crore of local bonds to the accounts of Air India Asset Holdings (AIAHL) from Air India will almost halve the carrier\u2019s nearly Rs 58,000 crore loans. The government plans to sell Air India along with [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-296738","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/296738","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=296738"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/296738\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=296738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=296738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=296738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}