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Disinvestment-bound Air India approaches DGCA to renew flying permit

The DGCA has already renewed the SOP of Air India Express

Press Trust of India  |  Mumbai 

Air India

Disinvestment-bound has approached aviation regulator for renewal of its flying permit, expiring in June, amid the government scouting for potential buyer for the loss-making carrier, sources said.

A senior official at the disinvestment-bound national carrier said that the (DGCA) has already renewed the (SOP) of Air India's international budget arm Express recently.

"In the case of Air India, it has applied to the for renewal of its flying permit and the documents pertaining to renewal are being processed," the official told PTI.

The has already renewed the SOP of Express, he added.

As per the DGCA, Air India's flying permit is valid till June this year, while Air India Express SOP was to expire on 21st of this month.

The Civil Aviation Ministry has sought (EoI) from potential bidders for a 76 per cent stake sale in loss-making Air India as well as divestment of two of the carrier's subsidiaries, a move that is being opposed by the airline's unions on grounds that it would result in massive job losses.

On March 28, the ministry came out with the preliminary information memorandum on Air India's strategic

As per the memorandum, the government plans to offload 76 per cent equity share capital of the national carrier as well as transfer the management control. The proposed transaction would involve Air India, its low-cost arm Air India Express and Air India SATS Airport Services, which is an equal joint venture between the national airline and Singapore-based SATS.

In a letter to prime minister Narendra Modi on Wednesday, eight employee unions of Air India had raised serious concerns about the and have sought an alternative revival plan.

In the letter, signed by representatives of the eight unions, they have also flagged the possibility of job losses in case of privatisation.

Air Corporation Employees Union, All India Service Engineers' Association, Air India Employees Union, Aviation Industry Employee Guild, Air India Aircraft Engineers' Association, All India Aircraft Engineers' Association, Air India Engineers Association and United Air India Officers Association have written the letter.

Together, these unions represent more than 10,000 Air India employees.

First Published: Fri, April 06 2018. 19:41 IST