Current Situation Of Air India Is Very Fragile, Says Civil Aviation Minister | Read
PUBLISHED ON: January 27, 2020 | Duration: 3 min, 31 sec
Civil Aviation Minister Hardeep Singh Puri, addressing the media on Monday, described the current situation of the national carrier as "very fragile". The government had earlier released the preliminary information memorandum (PIM) for seeking expression of interest for strategic disinvestment of Air India. Mr Puri added that Air India is under a debt trap due to accumulated debt of around Rs 60,000 crore.