New Delhi: The government plans to set up an expert panel to find ways to improve Air India's performance but presently no proposal is being considered for its privatisation, Civil Aviation Minister Ashok Gajapathi Raju Pusapati said today.
"Setting up of an expert committee to suggest ways to further improve the performance of Air India is under consideration," he said.
In April 2012, the government had approved a turnaround as well as financial restructuring plans for the carrier.
Under these plans, there would be an equity infusion of Rs 30,231 crore up to 2012 provided the airline meets certain milestones.
"Air India has considerably improved its financial and operational performance," the Minister said in a written reply to the Rajya Sabha.
24/02/15 PTI/Economic Times
"Setting up of an expert committee to suggest ways to further improve the performance of Air India is under consideration," he said.
In April 2012, the government had approved a turnaround as well as financial restructuring plans for the carrier.
Under these plans, there would be an equity infusion of Rs 30,231 crore up to 2012 provided the airline meets certain milestones.
"Air India has considerably improved its financial and operational performance," the Minister said in a written reply to the Rajya Sabha.
24/02/15 PTI/Economic Times
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