New Delhi: The Indian government has not fixed any deadline for privatization of debt-ridden Air India and plans to offer the national carrier for sale in a matter of weeks, civil aviation minister Hardeep Singh Puri said on Tuesday, expressing optimism that investors will show interest. Puri added Air India won’t be shut down. “Air India is a service provider running a large number of domestic routes. “Air India is a national asset. The Government of India owns 100% in Air India, and 51% stake in Pawan Hans.
Source: Mint December 31, 2019 08:58 UTC