| IndiGo's exit from Air India sale: 'Expected', say some. 'Good for AI,' say others | | | Agencies
Is IndiGo's exit a reflection of the industry sentiment towards the Air India divestment? Yes, says a senior executive from an international airline.
"The pullout was not surprising, it's sensible," he told Moneycontrol. The airline he works for, despite being one of the biggest names in global aviation, didn't consider participating in the divestment of India's national flyer.
At the same time, others have called it a "wheat separated from the chaff moment" in the Air India divestment process.
"Many have been scavenging for bits and pieces. But the government has been clear that it wants to sell Air India to someone who will make something out of the national airline as a whole," says Mark Martin, Founder & CEO of Martin Consulting LLC, an aviation advisory and consulting firm. |
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