Govt willing to completely exit debt-plagued Air India: FM Jaitley

He says 84% of aviation market is privately owned so there's no harm in it being 100% private owned

The government is in favour of exiting Air India totally if a suitable investor is available, says finance and defence minister Arun Jaitley. “When 84 per cent of the aviation market can be run by private airlines there is no reason why it cannot go to 100 per cent”, the minister noted at Dialogue@DDNews, a series of interviews with the ministers of Narendra Modi-led government to mark the completion of its three years in office. The programme is expected to be aired today.  

He said Air India has a thin market share but a massive debt overhang of Rs