{"id":306152,"date":"2019-12-18T12:05:40","date_gmt":"2019-12-18T06:35:40","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=306152"},"modified":"2019-12-18T12:15:21","modified_gmt":"2019-12-18T06:45:21","slug":"government-looking-to-shift-more-debt-out-of-air-india-balance-sheet-before-disinvestment","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/government-looking-to-shift-more-debt-out-of-air-india-balance-sheet-before-disinvestment\/","title":{"rendered":"Government looking to shift more debt out of Air India balance sheet before disinvestment"},"content":{"rendered":"<p>Mumbai: The government is looking to shift more debt from the balance sheet of disinvestment-bound Air India to asset holding company AIAHL to further sweeten the deal for prospective buyers, according to a senior airline official.<\/p>\n<p>The government plans to sell 100 per cent stake in the loss-making carrier.<\/p>\n<p>In efforts to make the disinvestment more attractive, the carrier has already transferred Rs 29,474 crore of debt to Air India Assets Holding Ltd (AIAHL), a Special Purpose Vehicle (SPV).<\/p>\n<p>&#8220;We are evaluating if we can take out some more debt from the balance sheet and park it in the SPV. Earlier, our plan was to give debt in proportion to assets. As part of that, we have already transferred almost half of the total debt to AIAHL,&#8221; the official in the know of the development told PTI.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: The government is looking to shift more debt from the balance sheet of disinvestment-bound Air India to asset holding company AIAHL to further sweeten the deal for prospective buyers, according to a senior airline official. The government plans to sell 100 per cent stake in the loss-making carrier. In efforts to make the disinvestment more attractive, the carrier has already transferred Rs 29,474 crore of debt to Air India Assets Holding Ltd (AIAHL), a Special Purpose Vehicle (SPV). &#8220;We are evaluating if we can take out some more debt from the balance sheet and park it in the SPV. [&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-306152","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\/306152","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=306152"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/306152\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=306152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=306152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=306152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}