{"id":307959,"date":"2020-01-01T10:14:20","date_gmt":"2020-01-01T04:44:20","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=307959"},"modified":"2020-01-01T10:20:39","modified_gmt":"2020-01-01T04:50:39","slug":"air-india-will-keep-on-running-till-it-is-privatised-aviation-minister","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/air-india-will-keep-on-running-till-it-is-privatised-aviation-minister\/","title":{"rendered":"Air India will keep on running till it is privatised: Aviation minister"},"content":{"rendered":"<p>Weeks after the Air India chief stated that the airline&#8217;s financial situation was &#8220;grossly untenable&#8221; for sustaining operations, Civil Aviation Minister Hardeep Singh Puri clarified on Tuesday that the national carrier, which is incurring a loss of Rs 20-26 crore daily, will keep on running till it is privatised. <\/p>\n<p>&#8220;Air India is running. Air India will keep on running. But Air India has to be privatised because it is incurring a daily loss of Rs 20-26 crore. This is taxpayer&#8217;s money that can be more profitably spent,&#8221; he told reporters here. <\/p>\n<p>While disinvestment-bound Air India&#8217;s net loss in 2018-19 was around Rs 8,556 crore, its current total debt is around Rs 80,000 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Weeks after the Air India chief stated that the airline&#8217;s financial situation was &#8220;grossly untenable&#8221; for sustaining operations, Civil Aviation Minister Hardeep Singh Puri clarified on Tuesday that the national carrier, which is incurring a loss of Rs 20-26 crore daily, will keep on running till it is privatised. &#8220;Air India is running. Air India will keep on running. But Air India has to be privatised because it is incurring a daily loss of Rs 20-26 crore. This is taxpayer&#8217;s money that can be more profitably spent,&#8221; he told reporters here. While disinvestment-bound Air India&#8217;s net loss in 2018-19 was [&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":[135,167,130],"tags":[],"class_list":["post-307959","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/307959","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=307959"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/307959\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=307959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=307959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=307959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}