Air India looking for new routes: Vayalar Ravi

New Delhi: National carrier Air India will operate flights on new routes as and when an opportunity arrives, the government said Saturday.
"We will take a decision on the new routes when the opportunity comes," Civil Aviation Minister Vayalar Ravi told reporters on the sidelines of an industry event here.
The action on the airline's turnaround and financial restructure plan would be taken after the sub-committee formed to review the plans, submits its report to the group of ministers (GoM) headed by Finance Minister Pranab Mukherjee, according to Ravi.
The GoM would meet in mid-september, he said.
Recently the GoM extended the airline's credit limit to buy oil from the state-run oil marketing companies (OMCs) by two to three months.
"Now instead of cash and carry, Air India has been given two to three months credit extension by OMCs," Ravi had told reporters after a meeting here of the GoM.
Ravi had added that the assurance for extending the credit limit to buy jet fuel from the OMCs was given by Petroleum Minister S. Jaipal Reddy.
20/08/11 IANS/Economic Times

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Categories: Air India Aug 2011