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Domestic, International Operations of Air India To Be Sold Together

"What we will be offering through the bidding process is the integrated airline (Air India)," said Union civil aviation minister Jayant Sinha.

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Domestic, International Operations of Air India To Be Sold Together

Air India has a debt burden of more than Rs 50,000 crore.


New Delhi: Union minister Jayant Sinha on Friday said the domestic and international operations of Air India would be sold together. The government has initiated the process for strategic disinvestment of debt-laden Air India as part of efforts to revive the national carrier.

"What we will be offering through the bidding process is the integrated airline (Air India), which means both domestic and international operations (together)," Sinha, the Minister of State for Civil Aviation, said here.

On the disinvestment process, he said the government is still in the process of identifying which subsidiaries of Air India should be offered separately.

"Even if they are offered separately, if you want to bid for each one of them and re-integrate them, we are providing flexibility," the minister said.

Air India has a debt burden of more than Rs 50,000 crore.


(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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