- Feb 12, 2014
No idea. The details are not yet mentioned. GOI has received only 1 formal request to buy Air India and that is from Indigo.What happens to the Rs 50,000 crore debt? I think they need to sell off the huge properties/assets they own in India and abroad that are worth thousands of crores.
Maybe the debt can be paid gradually once the airline affairs are handed over to Indigo or any other buying org. Or maybe GOI will share the burden a little.