Indian Journal of Industrial Relations: Economics & Social Dev.

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Air India Revival:Policy Makers Should Plan


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1 FMS, Manav Rachna International Institute of Research and Studies, Faridabad, India
     

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Government has in principle approved the strategic sale of Air India by offering a 76 percent of stake. This paper presents a historical perspective of Air India, gives an overview of privatization experiences of airlines of different countries, stresses that revival would require professionalization of management first and privatization thereafter.. The paper also presents a critical analysis of possible alternatives for its privatization. Unbundling / separating core businesses and others and by the process of strategic sale, the airlines could be privatized. However, it has to be carried out with more rigor and austerity with a set time frame in a transparent manner guarding any situation of distress sale and also having due consideration of social factors.
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  • Air India Wikipedia http://en.Wikipedia.org/wiki/AirIndia

  • Alfredo Macchiati & FerroviedelioStato (2007),”Airlines Privatisation in Europe: Fullyversus Partial Divestiture” , Rivista di PoliticaEconomica, January-February

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  • Air India Revival:Policy Makers Should Plan

Abstract Views: 321  |  PDF Views: 1

Authors

Nand L. Dhameja
FMS, Manav Rachna International Institute of Research and Studies, Faridabad, India

Abstract


Government has in principle approved the strategic sale of Air India by offering a 76 percent of stake. This paper presents a historical perspective of Air India, gives an overview of privatization experiences of airlines of different countries, stresses that revival would require professionalization of management first and privatization thereafter.. The paper also presents a critical analysis of possible alternatives for its privatization. Unbundling / separating core businesses and others and by the process of strategic sale, the airlines could be privatized. However, it has to be carried out with more rigor and austerity with a set time frame in a transparent manner guarding any situation of distress sale and also having due consideration of social factors.

References