New Delhi: The Centre remains committed to privatizing debt-laden national carrier Air India Ltd soon, civil aviation minister Hardeep Singh Puri said in the Rajya Sabha on Wednesday.
Responding to queries from a law maker, Puri said Air India was incurring losses of ₹15 crore a day, and, therefore, the government was attempting to make the carrier more “viable, revive it and then disinvest it”.
Air India has become a liability to the exchequer in a highly competitive air travel market, incurring losses year after year and forcing the government to regularly infuse taxpayer funds.
