Airline divestments across the world

British Airways in the year 1987-88 was sold by the government to Public and had a successful turnaround and expansion. In 2016, it made a profit after tax $1.7 billion.

By ET Bureau | Updated: Jun 06, 2017, 01.52 AM IST

As the Narendra Modi government considers the disinvestment of its chronically loss-making carrier Air India, ET’s Anirban Chowdhury and Martin Consulting’s Mark Martin together try to examine the outcomes of previous such privatisations - including the British Airways sale that remains the pronounced leitmotif of Margaret Thatcher’s `turn around’ initiatives.