The disinvestment of cash-strapped Air India is likely to happen by the end of this year, Union Civil Aviation Minister Hardeep Singh Puri said on Friday.
Puri said the disinvestment process of Air India got delayed due to the second wave of the Covid-19 pandemic and assured that the disinvestment process will happen in 2021.
“Air India is getting disinvested. It will take some time due to the pandemic. I want to assure you that it (AI Disinvestment) will happen this year,” the Union Minister told ANI news agency.
The second wave of Covid-19 may slow down the disinvestment process but he has assured that the disinvestment of Air India will be completed in 2021.