Have No Choice But Disinvestment, Air India Chief To NDTV

In an exclusive interview to NDTV, Air India Chairman and Managing Director Ashwani Lohani said that prospective buyers of the state-run carrier will "get an airline with a massive reach". Comments from the top bureaucrat come within two months after the government said the airline will have to shut shop if not privatized. "Someone who buys Air India will get an airline with a massive reach, an airline which is a very big brand... I say It is the biggest brand of India and everyone in the world knows about Air India," Mr Lohani said. Last year, the government failed to attract any bidders when it tried to sell a 76 per cent stake in the ailing carrier.