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.
- India-Bhutan Air Connectivity Gets a Boost with Air India-Drukair Partnership
- Back to India After 17 Years! SAS Launches Non-Stop Mumbai-Copenhagen Flights
- No More Layovers! Fly Direct from Gaya to Bangkok with IndiGo from Oct 26
- The $5 flight that could change aviation sector: Heart Aerospace’s battery-electric X1 aircraft makes history
- Qatar Airways’ F1 package is here: Race tickets, hotel stay and more
- Akasa Air Launches Akasa Elevate Loyalty Programme with Points, Tier Benefits, and Priority Services
- Lufthansa Group Introduces High-Speed Starlink Wi-Fi for Passengers
- Mid-air scare! IndiGo Kolkata-Chennai flight suffers engine failure before landing
- IndiGo's 20th birthday surprise: 20,000 passengers to fly free
- Air India Expands Canada Network with New Mumbai–Toronto Flights and Upgraded Delhi Services
Air India and Drukair, Royal Bhutan Airlines, have entered into an interline partnership to enhance travel convenience and strengthen network connectivity between India, Bhutan, and destinations beyond.
SAS will resume nonstop flights between Scandinavia and India from October 1, 2026, with a year-round service connecting Copenhagen and Mumbai. The route will operate five times a week using an Airbus A330, marking SAS' return to India after a 17-year gap.
Bihar's Gaya is set to get a direct international air link to Bangkok, with IndiGo announcing twice-weekly flights from October 26, opening a faster route for pilgrims, tourists and business travellers.