You are here: Home » PTI Stories » National » News
Business Standard

Air India's domestic, global ops to be sold together: Sinha

Press Trust of India  |  New Delhi 

Union minister Jayant Sinha today said the domestic and international operations of would be sold together.

The has initiated the process for strategic disinvestment of debt-laden as part of efforts to revive the national carrier.

"What we will be offering through the bidding process is the integrated airline (Air India), which means both domestic and international operations (together)," Sinha, the Minister of State for Civil Aviation, said here.

On the disinvestment process, he said the is still in the process of identifying which subsidiaries of Air should be offered separately.

"Even if they are offered separately, if you want to bid for each one of them and re-integrate them, we are providing flexibility," the minister said.

has a debt burden of more than Rs 50,000 crore.

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

First Published: Fri, December 01 2017. 18:30 IST