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Air India privatisation: Govt to invite expression of interest 'in next few weeks', says Hardeep Singh Puri

Updated : December 31, 2019 05:22:24 IST

The debt of the national carrier is unsustainable and it is making losses of up to Rs 26 crore every day so while it remains an asset, the problem is largely about the business model and hence, privatisation is the way forward, Puri added.
So far, IndiGo has repeatedly indicated that it remains interested in Air India, but only in its international business.
Finance minister Nirmala Sitharaman in the Union Budget 2019-20 speech in July had said that the government will look at further liberalising FDI norms in aviation.
Published : December 31, 2019 04:21 PM IST

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