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Working to make Air India vibrant: Raju

IANS  |  Kolkata 

Civil Aviation Minister Ashok Gajapathi Raju on Tuesday said the Central wants to make national carrier a vibrant airline and the work is going on for this purpose.

"An alternative mechanism has been in place for what should be done with It is a beautiful airline," the Minister said after inaugurating a solar power plant at the Kolkata Airport.

"Its (financial) books are very bad and is in a debt trap. The (payments burden of) interest rates are pulling down. We want to make it a vibrant airline."

The has given in principle approval for strategic disinvestment of the national carrier.

Several options are being explored in this direction and lot of suggestions are coming in, he said, adding that private airline IndiGo expressed its "interests on the international operations of Air India".



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, December 05 2017. 15:32 IST