{"id":289557,"date":"2019-08-30T06:31:53","date_gmt":"2019-08-30T06:31:53","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=289557"},"modified":"2019-08-30T06:31:53","modified_gmt":"2019-08-30T06:31:53","slug":"new-effort-to-divest-loss-laden-carrier-govt-planning-to-get-off-air-india-bag-and-baggage","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/new-effort-to-divest-loss-laden-carrier-govt-planning-to-get-off-air-india-bag-and-baggage\/","title":{"rendered":"New effort to divest loss-laden carrier: Govt planning to get off Air India, bag and baggage"},"content":{"rendered":"<p>The government wants to exit fully from Air India as it embarks on another effort aimed at divesting the loss-laden carrier after a plan to sell a 76% stake last year failed. <\/p>\n<p>\u201cI believe the government should not be in the business of running airlines\u2026 and believe the government should completely exit Air India,\u201d aviation minister Hardeep Singh Puri said. \u201cThere are many who are very interested in the airline and the one who gets the airline will be very fortunate.\u201d <\/p>\n<p>Air India has debt of about Rs 31,000 crore after the government took over Rs 29,000 crore off its books, thus reducing the airline\u2019s interest burden by Rs 2,400 crore to Rs 1,700 crore annually.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government wants to exit fully from Air India as it embarks on another effort aimed at divesting the loss-laden carrier after a plan to sell a 76% stake last year failed. \u201cI believe the government should not be in the business of running airlines\u2026 and believe the government should completely exit Air India,\u201d aviation minister Hardeep Singh Puri said. \u201cThere are many who are very interested in the airline and the one who gets the airline will be very fortunate.\u201d Air India has debt of about Rs 31,000 crore after the government took over Rs 29,000 crore off its [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-289557","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/289557","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=289557"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/289557\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=289557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=289557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=289557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}