Air India moves quickly on 2nd sale bid, chairman calls unions Monday
MUMBAI: Acting quickly on the government’s second attempt to sell the financially-crippled national carrier Air India, its chief Ashwani Lohani has called a meeting of all the 13 unions Monday to discuss the terms of privatisation, according to sources.
The government Friday reiterated its intent to exit Air India with finance minister Nirmala Sitharaman stating in the budget speech that government will go ahead with privatisation of the flag carrier and has just earmarked a paltry Rs 1 lakh from the budget for the airline, that has been somehow keeping afloat.
