Monday, February 20, 2006

Air India, Indian Airlines May Merge

Singapore: State-owned carriers Air India and Indian Airlines may be merged after their initial public offerings are completed, India's Minister for Civil Aviation Praful Patel said Monday.
A merger could help raise the competitiveness of the airlines against privately owned carriers, Patel told reporters on the sidelines of an aviation conference in Singapore.
"We are looking into synergizing the operations of Air India and Indian Airlines to make them stronger carriers, but we haven't decided on the structure (of a merged carrier)."
A final decision on the merger will be made later this year, the minister said.
20/02 The Associated Press Houston Chronicle
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