Government will seek bids for Air India ‘in a matter of weeks’, says Hardeep Singh Puri
NEW DELHI : The Centre will issue an expression of interest for the privatization of debt-ridden Air India “in a matter of weeks”, civil aviation minister Hardeep Singh Puri said on Tuesday.
In November, the minister had told Parliament that the national carrier, which loses ₹26 crore a day, might have to shut down if it was not privatized.
However, at a press conference on Tuesday, Puri said the airline won’t be shut down and exuded confidence that investor response would be favourable, considering Air India’s robust service network on domestic and international routes, besides its strong brand recall.
