Budget may extend relief package to Air India, focus on air connectivity

The Union Budget 2019-20 is likely to consider a special package for Air India, as the government is gearing up for a second attempt to divest its stake in the ‘Maharaja’.

“The government is already working on a fresh attempt to sell Air India. However, the process will be take time. Even in the best case scenario, it could take at least six months. So, there is already demand for some financial package for the sector. The option is being considered,” a senior finance ministry official told this publication.