(Bloomberg) -- Air India, the new airline to be
formed by the merger of the country's two state-run carriers,
may hold an initial public offering in 2009 to help fund fleet
expansion plans.
The integration of the Air India Ltd. and Indian Airlines
Ltd. into a single airline, which will start operations from
July, may take between 18 months and 24 months, V. Thulasidas,
who has been named the chairman and managing director of the
combined airline, said today. Air India is the nation's biggest
overseas carrier. Indian Airlines mostly flies domestic routes.
Read more at Bloomberg Emerging Markets News
formed by the merger of the country's two state-run carriers,
may hold an initial public offering in 2009 to help fund fleet
expansion plans.
The integration of the Air India Ltd. and Indian Airlines
Ltd. into a single airline, which will start operations from
July, may take between 18 months and 24 months, V. Thulasidas,
who has been named the chairman and managing director of the
combined airline, said today. Air India is the nation's biggest
overseas carrier. Indian Airlines mostly flies domestic routes.
Read more at Bloomberg Emerging Markets News
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