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No immediate plan to divest stake in Air India: minister

Mar 05, 2015    

New Delhi: The government today ruled out any immediate plan to divest stake in Air India or rope in a strategic partner for the loss-making national carrier.Instead, the focus in the next four-six months will be to improve the airline's on-time performance, which has already gone up in the last few weeks, Minister of State for Civil Aviation Mahesh Sharma said.Sharma, during an informal media interaction here, batted for a strong national airline, noting that it was important to have flag carrier in the country.Finance Minister Arun Jaitley while setting an ambitious target to raise Rs 69,500...

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