The government had given the go-ahead for Air India privatisation in June this year. Photo: BloombergNew Delhi: Air India has sought business proposals for sale of scrapped aircraft engine parts, a move that could provide additional revenues for the disinvestment-bound national airline. The government had given the go-ahead for Air India privatisation in June this year. Air India plans to salvage select engine parts under a profit sharing arrangement, failing which they would be sold as scrap, as per a tender document. The government has decided to go for strategic disinvestment of Air India and its five subsidiaries.

Source: Mint October 23, 2017 12:56 UTC