Air India to be split into four separate firms ahead of stake sale

Air India to be split into four separate firms ahead of stake sale

Photographer: Dhiraj Singh/Bloomberg

India will break up its debt-burdened flag carrier into four separate companies and offer to sell at least 51 percent in each of them as part of a disinvestment proposed by Prime Minister Narendra Modi.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter