Count on Air India to be taken over by an Indian firm: Hardeep Puri – Times of India

Civil aviation and housing minister Hardeep Puri said on Thursday that he expected Air India to be taken over by an Indian company, while suggesting that it was a golden opportunity to sell the national carrier which is losing over Rs 20 crore a day.NEW DELHI: Civil aviation and housing minister Hardeep Puri said on…

Count on Air India to be taken over by an Indian firm: Hardeep Puri – Times of India

Civil aviation and housing minister Hardeep Puri said on Thursday that he expected Air India to be taken over by an Indian firm, whereas suggesting that it changed into a golden replacement to promote the nationwide carrier which is losing over Rs 20 crore a day.

NEW DELHI: Civil aviation and

housing

minister Hardeep Puri said on Thursday that he expected

Air India

to be taken over by an

Indian firm

, whereas suggesting that it changed into a golden replacement to promote the nationwide carrier which is losing over Rs 20 crore a day.


The minister also backed a whole govt exit from Air India, even supposing he added that the last decision shall be taken by a ministerial panel. “That decision must be taken by the alternate mechanism (ministerial panel) but my personal conception is that it wants to be purchased fully. It’s a golden replacement. It’s a top quality asset, with a factual safety file, engineering, routes and a sturdy mark. An asset vacuum has been created by Jet (Airways) and the conditions are factual, with practical gasoline prices and a steady alternate price,” Puri told TOI in an interview.


The government is expected to get on Air India’s privatisation rapidly, months after leaving on the succor of the sale as a consequence of lack of hobby.


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