Jet Airways, IndiGo, SpiceJet, Vistara seen interested in Air India privatization - News Summed Up

Jet Airways, IndiGo, SpiceJet, Vistara seen interested in Air India privatization


Capa expects Air India’s domestic and international flight operations, including Air India Express, to be sold as a single entity and units such as aircraft maintenance, catering, ground handling and hospitality to be hived off. Photo: Abhijit Bhatlekar/MintNew Delhi: More domestic airlines could show interest in Air India, the soon to be privatized state-run airline, aviation consulting firm Capa said in its outlook for 2018-19. “Up to four Indian carriers could express interest—Jet Airways, IndiGo, SpiceJet and Vistara,” Capa said in a report released in Mumbai on Tuesday. IndiGo has already shown interest in Air India privatization, while the Tata group, which runs Vistara, has said it too would like to see the terms. IndiGo, SpiceJet, GoAir and Jet Airways are likely to make profits while Air India, AirAsia India and Vistara are likely to make losses.


Source: Mint January 30, 2018 14:15 UTC



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