Not In Town | @notintownlive | 30 Aug 2019, 03:03 pm
New Delhi: The Indian government is planning to divest loss-laden carrier Air India completely after a plan to sell 76 per cent stake failed last year, media reports said.
"I believe the government should not be in the business of running airlines… and believe the government should completely exit Air India," said Aviation Minister Hardeep Singh Puri as quoted by Economic Times.
Puri added as quoted by the media, "There are many who are very interested in the airline and the one who gets the airline will be very fortunate."
After the government took over Rs. 29,000 crore off its book, Air India has a debt of Rs. 31,000 crore.
Puri also said a panel headed by Union Home Minister Amit Shah will take a final call soon.
- Jazeera Airways offers 50% discount on flight tickets
- Air India Express launches ‘Time to Travel’ Sale with fares starting ₹1,177
- Over 300 flights cancelled after Tokyo airport collision killing 5; the plane was cleared to land
- New discount membership club from Kuwait’s Jazeera Airways, avail special introductory rates
- Air India deploys newly inducted Boeing 777s in Mumbai-USA routes
- SriLankan Airlines, Emirates forge interline agreement to enhance passenger connectivity
- Malaysia Airlines introduces new services between Kuala Lumpur and three Indian cities
- United Airlines increases non stop flights between New Delhi and New York
- Qatar Airways expands network with inaugural direct flights to Lyon, France
- Air India launches Upgrade+ to simplify purchased cabin upgrades
Jazeera Airways, Kuwait’s leading low-cost carrier, is offering 50% off on fares to all destinations across its network from July 28 to 31.
New Delhi : Air India Express, a subsidiary of Air India and a part of the Tata group, has launched its "Time to Travel" sale on the airline’s website, airindiaexpress.com, the Air India Express mobile app and other major booking channels.
Tokyo: Airlines were forced to cancel over 300 flights following the collision between a Japan Coast Guard aircraft and a Japan Airlines passenger plane at Tokyo's Haneda Airport on Tuesday evening even as reports said the plane was cleared to land ahead of the tragedy.