Wednesday, October 10, 2018

Govt may finalise revival package for ailing Air India in a month: Official

Hyderabad: The Centre is likely to finalise a revival package for the ailing Air India in a month, a top official of the Civil Aviation Ministry said Tuesday assuring "need-based" support to the debt-laden carrier.

Civil Aviation Secretary, RN Choubey also said the safety audit that the Director General of Civil Aviation ordered on domestic airlines "did not find any backlog of any safety steps that they should have taken."

"Whenever there is a need for financial support to Air India, it will be examined on need basis and such financial support on need basis will be provided. I only wish to tell you that all support will be provided.

Air India's competitiveness and efficiency will not be compromised. We have nearly finalised the package and there will not be any problem for Air India. Within this month yes. Certainly," Choubey told reporters here.
10/10/18 PTI/Business Standard

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