The US-based-based firm Interups Inc. is planning to invest $9 billion in India’s aviation sector over the next five years. Interups’ bid includes an InvIT structure that will subsume the airline’s revenue generating arms, separated from core operations, to encourage participation by institutional investors. Interups, the Tata Group, an employee consortium and SpiceJet have shown interest in buying 100 per cent stake in Air India.
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