Bangladesh readies new air cargo facilities after ban by India
After India cancelled the use of its transhipment facilities for Bangladesh cargo, the government decided ...
© Denys Hedrovych
By Alex Lennane
India’s beleagured international airlines could find some solace this year, following moves to renew both Air India and Jet Airways.
The Indian government this morning opened the way for an investor to take on Air India after approving the draft for inviting bids for a stake in the national carrier. The government also approved the transfer of more of the carrier’s debt to a ’special purpose vehicle’, which now carries some $412m.
Although it struggles with losses and consequent debt, government-owned Air India could prove attractive to ...
Comment on this article