{"id":303413,"date":"2019-11-29T11:27:28","date_gmt":"2019-11-29T05:57:28","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=303413"},"modified":"2019-11-29T11:27:28","modified_gmt":"2019-11-29T05:57:28","slug":"once-bitten-twice-prepared-air-india-sale-needs-better-scheduling","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/once-bitten-twice-prepared-air-india-sale-needs-better-scheduling\/","title":{"rendered":"Once bitten, twice prepared: Air India sale needs better scheduling"},"content":{"rendered":"<p>After the faux pas with the Air India sale process last year, the government is making its second, and final, attempt to find a buyer. Civil aviation minister Hardeep Singh Puri told Parliament on Wednesday: \u201cThe airline will have to close down if it\u2019s not privatized.&#8221;<\/p>\n<p>The initial signs for the now-or-never sale are encouraging. The government said that it has now decided to divest a 100% stake in the airline, unlike the previous attempt, where it had decided to retain a 24% stake.<\/p>\n<p>But there\u2019s a $4 billion question\u2014the amount of debt the buyer of the airline will reportedly be saddled with. Is the 100% stake sale enough to move the needle?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After the faux pas with the Air India sale process last year, the government is making its second, and final, attempt to find a buyer. Civil aviation minister Hardeep Singh Puri told Parliament on Wednesday: \u201cThe airline will have to close down if it\u2019s not privatized.&#8221; The initial signs for the now-or-never sale are encouraging. The government said that it has now decided to divest a 100% stake in the airline, unlike the previous attempt, where it had decided to retain a 24% stake. But there\u2019s a $4 billion question\u2014the amount of debt the buyer of the airline will reportedly [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-303413","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/303413","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=303413"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/303413\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=303413"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=303413"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=303413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}