The UK government has successfully completed the strategic disinvestment of Air India on 27th January 2022. This involved selling 100% of the airline's shares, including its subsidiary Air India Express and a 50% stake in AISATS. As a result, the Indian government no longer holds any equity in Air India or Air India Express, with both airlines now under the management control of the new strategic buyer.
The strategic disinvestment transaction of Air India has been successfully completed on 27th January, 2022. This was stated by Union Minister of State for Finance Dr Bhagwat Kisanrao Karad in a written reply to a question in Lok Sabha today.
On the question of percentage of shared disinvested, th
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FAQ :
The strategic disinvestment of Air India was completed on 27th January 2022.
100% of Air India's shares were disinvested, including 100% of Air India Express Ltd and 50% of AISATS.
No, the Indian government has no equity stake left in Air India or Air India Express following the disinvestment.
Air India and Air India Express are now under the management control of the strategic buyer.