The government has not given up plans for privatisation of Air India but it has been kept on hold, Vinod Hejamadi, Director-Finance, Air India, said on Tuesday.
Participating at the India Aviation Summit 2019, he said that the government deferred the divestment process as the market conditions were not right. The summit has been organised by the Centre for Asia Pacific Aviation (CAPA).
“There are mixed feelings among employees. Of course, everyone will like it to be government-owned but people also realise that the airline cannot be with the government forever,” Hejamadi said when asked how employees were looking at the divestment plan for the airline.
