Global Trade Alert
Global Trade Alert

India: Sale of state-owned airline Air India with government takeover of debt

Announcement

08 Oct 2021

India has approved the sale of a state-owned airline with the government retaining a certain amount of debt of the company.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

08 Oct 2021

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 8 October 2021, the Indian government approved the sale of the 100% stake of the government in the airline Air India. According to several news reports, as part of the deal, debt worth INR 28,844 c...

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