Indian skies are looking bright again. And the man who is at the helm of aviation sector, Union minister of Aviation Ajit Singh, believes that lack of faith in this country was the biggest challenge so far. In a freewheeling chat with CNBC-TV18, Singh said the perception is changing now and the biggest positives in the sector is marked by two landmarks --- Tata -Singapore Airlines and Jet Airways -Etihad deals. If political will prevails then his ministry is ready to privatise Air India, but the company will not be infused with additional fund. Following Tata-SIA and Jet Etihad deals , Vijay Mallya had suggested he too was looking for a foreign investor to help Kingfisher Airlines fly again. But Singh says Kingfisher may find it tough to get an investor on board. Regarding the Air Asia approval, Singh said the delay occurred because names of office bearers were not given on time. Speaking on the outcome of next Lok Sabha elections, Singh said the voters are angry with political parties; under the circumstances, no political party or alliance will get absolute majority.
05/10/13 moneycontrol.com
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05/10/13 moneycontrol.com
