Work to monetise Alliance Air, three other Air India subsidiaries to start now

The govt on October 8 had announced that Tatas have won the bid to acquire Air India for Rs 18,000 crore

Don't want Air India to go down like Kingfisher, leave thousands jobless: Govt

‘We want the Air India to serve the nation, to serve the people and fly high,’ civil aviation minister says in Lok Sabha.

Govt says it has yet to decide what to do with carrier’s debt burden of Rs 55,000 crore.

National carrier would fetch govt a fair price if overseas airlines are allowed to bid, says report.

Reports had earlier said Tata Sons chairman N Chandrasekaran had met officials for a possible buyout talks.

Union also says in a letter govt's priority should be to restructure airline's huge debt.

Govt looking at various options, including possible privatisation, to revive loss-making airline.

Reports say Tata group is believed to be interested in purchasing stake in national carrier.

Both Tata Group and Singapore Airlines may team up to acquire stake, report says.

The debt-laden Air India is staying afloat on taxpayers' money.