Govt decides to sell Air India arm in last ditch effort to save national carrier

Govt decides to sell Air India arm in last ditch effort to save national carrier

Photographer: Dhiraj Singh/Bloomberg

In a last ditch effort to salvage national carrier Air India, a ministerial panel led by finance minister Arun Jaitley on Tuesday decided to sell 100% of its ground handling arm and use the proceeds to retire a part of the national carrier’s huge pile of accumulated debt.

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