Wednesday, August 17, 2016

Govt willing to handhold airlines in trouble: Minister

New Delhi: The government is willing to “handhold” the Bengaluru-based Air Pegasus to restart operations, but will not interfere in the financial troubles that the airline is facing.

This is the message that Ashok Gajapathi Raju, Union Civil Aviation Minister, conveyed to Shyson Thomas, Managing Director, Pegasus, whom he met at the Ministry of Civil Aviation here on Wednesday.

“We need to have airlines flying, not on the ground. We want airlines to survive, (but) we cannot take the liabilities and generate other problems. We have asked him to interact with the Secretary (Civil Aviation). Then we will see how we can be of help,” the Minister told BusinessLine soon after his meeting with Thomas.

The Bengaluru-based airline suspended operations two weeks back after the leasing companies decided to take backthe aircraft given to Air Pegasus for non-payment of lease charges.
17/08/16 Ashwini Phadnis/Business Line
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