Press Trust Of India / New Delhi Jun 15, 2009, 00:30 IST
With the national carrier Air India hit by losses, the government would roll out a financial bailout package for it, Civil Aviation Minister Praful Patel said on Sunday.
Asked about a possible bailout, he said, "I think it will happen because as the owner of the airline, the government has its responsibility to put in equity, like private airlines where their promoters put in money."
Asked if the government was looking at a Rs 15,000-crore bailout, Patel told NDTV: "No, Rs 15,000 crore is not the number. The number is far less than that."
Sure its his Govt's responsibility how else will thier kith, kin & sevants be upgraded or fly free at the taxpayers expense? AI.... 'Buy the people, off the people. far the people. Good performance!! Keep up the good work, do not disinvest, keep bleeding the entity.
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With the national carrier Air India hit by losses, the government would roll out a financial bailout package for it, Civil Aviation Minister Praful Patel said on Sunday.
