India is said to plan roadshows next month to sell flag carrier

India is considering inviting expressions of interest to sell Air India by the end of next month as the government aims to complete the transaction this year, people with knowledge of the matter said. The government will conduct roadshows as well as be open to meet prospective buyers even before the expressions of interest are sought, the people said, declining to be identified as the discussions are private. The process will likely allow the bidders to look at the accounts of the airline except for some portions that are confidential and also see the share purchase agreement, they said without providing details. The potential bidders will have the option to make suggestions for changes in the sale terms during the process of expressing their interest in the deal, the people said. The government is looking to sell all its stake in the carrier, they said. The plan is being prepared after the government’s attempt to partially exit the carrier failed to attract any bidder last year. <br/>