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Sunday 3 November 2013

Fresh off AirAsia, Singapore Airlines triumphs, Ratan Tata eyes Air India


New Delhi: Industry leader Ratan Tata today expressed interest in the possibility of privatisation of Air India, saying he would be very happy to look at it whenever it happened.
"As an when it happens, we would be very happy to look at it," the Chairman Emeritus of the Tata Group said when asked whether he would be interested if Air India was privatised.
Ratan Tata's comments came weeks after Civil Aviation Minister Ajit Singh said it was his personal opinion that the government should not be in service sectors like airlines or hotels and any future regime could consider privatisation of Air India, as the government would not give any more funds to the airline after it completed equity infusion of Rs 30,000 crore till 2021.
Tata was speaking to reporters after he, along with Singapore Airlines CEO Goh Choon Phong and Tata-SIA Airlines Chairman Prasad Menon, met the minister.
Read news in full 25/10/13 PTI/Indian Express

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