Govt committed to strategic disinvestment of Air India: Jayant Sinha

The government is committed to strategic disinvestment of national carrier Air India, Minister of State for Civil Aviation Jayant Sinha said on Tuesday. Speaking at a session hosted by the Indian Chamber of Commerce here, Sinha said the government was taking steps to make Air India a vibrant global airline and benchmark some of its services with the best in the world.

“We want to make Air India a vibrant global airline going forward,” Sinha said. On Jet Airwaysc, which has been grounded due to financial crisis, the minister said “there is a bank-led resolution plan which is underway.”

“Some bids have been received and let see how the resolution plan unfolds,” he said.   Read More

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