NEW DELHI: Civil aviation and housing minister Hardeep Puri said on Thursday that he expected Air India to be taken over by an Indian company, while suggesting that it was a golden opportunity to sell the national carrier which is losing over Rs 20 crore a day.
\nThe minister also backed a complete government exit from Air India, although he added that the final decision will be taken by a ministerial panel. \u201cThat decision has to be taken by the alternate mechanism (ministerial panel) but my personal opinion is that it should be sold completely. It\u2019s a golden opportunity. It\u2019s a first-class asset, with a good safety record, engineering, routes and a strong brand. An asset vacuum has been created by Jet (Airways) and the conditions are good, with moderate fuel prices and a stable exchange rate,\u201d Puri told TOI in an interview.<\/p>\n","protected":false},"excerpt":{"rendered":"
NEW DELHI: Civil aviation and housing minister Hardeep Puri said on Thursday that he expected Air India to be taken over by an Indian company, while suggesting that it was a golden opportunity to sell the national carrier which is losing over Rs 20 crore a day. The minister also backed a complete government exit from Air India, although he added that the final decision will be taken by a ministerial panel. \u201cThat decision has to be taken by the alternate mechanism (ministerial panel) but my personal opinion is that it should be sold completely. It\u2019s a golden opportunity. It\u2019s […]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220,130,137],"tags":[],"class_list":["post-281908","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/281908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=281908"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/281908\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=281908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=281908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=281908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}