New Delhi, (PTI) Union minister Jayant Sinha today 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.
Disclaimer: Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. canaranews.com will not be responsible for any defamatory message posted under this article.
Please note that under 66A of the IT Act, sending offensive or menacing messages through electronic communication service and sending false messages to cheat, mislead or deceive people or to cause annoyance to them is punishable. It is obligatory on CANARANEWS to provide the IP address and other details of senders of such comments, to the authority concerned upon request.
Hence, sending offensive comments using canaranews will be purely at your own risk, and in no way will canaranews.com be held responsible.