THE MINISTER OF STATE IN THE MINISTRY OF FINANCE
(DR. BHAGWAT KISHANRAO KARAD)
(a): The strategic disinvestment transaction of Air India has been successfully completed on 27th January, 2022.
(b): 100% shares of Air India (including 100% shares of its subsidiary, Air India Express Ltd (AIXL) and 50% shares of its JV, AISATS) have been disinvested.
(c) & (d): With the disinvestment of Air India on 27.01.2022, there is no equity stake of Government of India left in Air India or AIXL and the airlines are now under the management control of the strategic buyer.
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