Monday, May 22, 2017

Centre has a ‘winning’ strategy to revive Air India, says Jayant Sinha

New Delhi: The Central government has a “winning” strategy for its ailing national carrier Air India which is to turn it into a “great” global airline, Minister of State Civil Aviation Jayant Sinha said in an interview.

His comments come days after Cabinet Minister for civil aviation Ashok Gajapathi Raju said that the Centre is reviewing a range of options, including possible disinvestment, to revive Air India.

“I think Air India has a terrific future ahead of itself because India does need a great global airline like British Airways, Lufthansa, Qantas or Emirates and we think that Air India, in that regard, has a winning strategy to become a great global airline for India,” Mr. Sinha said, in an interview to The Hindu.

Interestingly, all the flag carriers mentioned by the Minister, except United Arab Emirates’ Emirates, have been privatised long back by their own countries.

While British Airways, flag carrier of UK, was privatised in 1987, Australian carrier Qantas was partly privatised in 1992 and fully in 1995 and Germany’s Lufthansa was fully privatised in 1997.
21/05/17 Somesh Jha/The Hindu

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