The Indian government has sweetened the deal a fair bit for prospective bidders of Air India Ltd. In contrast Air India and its subsidiary, Air India Express Ltd reported an average Ebitdar of ₹4,090 crore in the past three years, with a profit margin of 15%. For someone to bid even a nominal sum for Air India, therefore, there needs to be a firm belief in their ability to cut the airline’s costs drastically. Still, some analysts believe that advantages such as prime slots for airline departures and bilateral rights will add to the value Air India brings to the table, and should attract bidders. Share ViaTopics Air India

Source: Mint January 27, 2020 09:33 UTC