The government is committed to strategic disinvestment of national carrier Air India, Minister of State for Civil Aviation Jayant Sinha said Tuesday. Speaking at a session hosted by the Indian Chamber of Commerce, Sinha said the government was taking steps to make Air India a vibrant global airline and benchmark some of its services with the best in the world.
"We want to make Air India a vibrant global airline going forward," Sinha said.
On Jet Airways, which has been grounded due to the financial crisis, the minister said "there is a bank-led resolution plan which is underway. Some bids have been received and let see how the resolution plan unfolds," he said. Sinha said that in the interim, some assets of Jet Airways have been assigned for the convenience of passengers. "When the resolution process is complete, these assets will again be re-assigned."
17/05/19 PTI/News18.com
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"We want to make Air India a vibrant global airline going forward," Sinha said.
On Jet Airways, which has been grounded due to the financial crisis, the minister said "there is a bank-led resolution plan which is underway. Some bids have been received and let see how the resolution plan unfolds," he said. Sinha said that in the interim, some assets of Jet Airways have been assigned for the convenience of passengers. "When the resolution process is complete, these assets will again be re-assigned."
17/05/19 PTI/News18.com
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