Air India has its own training centre in Hyderabad and a multimillion-dollar aircraft simulator for Boeing 777 and 787 Dreamliners. To create this kind of infrastructure, you will take years,” said the Air India official cited above. When privatizing, the key questions for the government will be the following: How will it protect Air India’s employees from job losses? In the past few months, there have been discussions to convert Air India’s debt into equity. In the past few months, there have been discussions to convert Air India’s debt into equity.

Source: Mint June 13, 2017 23:26 UTC