Govt says Air India losses coming down

Mumbai: The government on Thursday claimed that the losses of Air India were coming down and admitted that there were "some issues" which were affecting the process of its merger.
The losses have started declining and with more synergy the situation will improve further, Civil Aviation Minister Praful Patel told the Lok Sabha during Question Hour.
On the criticism regarding mounting losses in the national carrier after merger of Air India and Indian Airlines, he said "the merger was planned with a great degree of confidence... Yes, there are some issues which need to be handled carefully and merger is not a one-day process, it is 2-3 years process for full integration."
He asserted that Air India would remain a national carrier under the UPA regime.
Taking a dig at former Civil Aviation Minister and BJP leader Shahnawaz Hussain, who had claimed that Air India and Indian Airlines were profitable during the NDA rule, Patel said "...be assured that Air India was and will remain a national carrier in the UPA regime and not like NDA which had planned to sell it."
06/05/10 Press Trust of India/NDTV.com

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Categories: NACIL May 2010