Articles tagged “asset sales”

India Is Moving Ahead With Plan to Sell Its Flagship Airline

India Is Moving Ahead With Plan to Sell Its Flagship Airline

Anurag Kotoky, Bloomberg

IndiGo is already developing long-haul flights, and maybe, if it ends up buying this controlling stake in Air India, India's biggest airline will be in a stronger position despite the debt situation.

1 year ago

HNA-Backed Chinese Airlines Given Ultimatum to Pay Fuel Bills

HNA-Backed Chinese Airlines Given Ultimatum to Pay Fuel Bills

Bloomberg

Chinese regulators are getting tough with cash-strapped HNA's Hainan Airlines, but not too tough because they don't want customers causing disturbances at the nation's airports when flights get cancelled.

1 year ago