Air India crisis: Without a buyer, struggling national carrier might be forced to shut down in six months, says official
As per the government, it has infused funds to the tune of Rs 30,520.21 crore in Air India from financial year 2011-12 till December this year.
Air India gets Rs 500-cr govt guarantee for fund raising; national carrier has received over Rs 30,520-cr equity infusion since FY12
Air India's net loss in 2018-19 is provisionally estimated to be Rs 8,556.35 crore.
Air India posts highest-ever net loss of Rs 8,556 cr in 2018-19; receives Rs 30,520-cr equity infusion from FY'12
Puri said that the crisis-hit Air India has received an equity infusion of Rs 30,520.21 crore from financial year 2011-12 till date.
Govt working on efforts to turn around AI; cost cutting, revenue augmentation measures to fetch Rs 2,000-cr benefits
The ministry would monitor the implementation of the AI plan and then report to the AISAM.
Senior Congress leader P Chidambaram on Monday alleged that the government was "totally confused" on the Air India assets sale and asked it to "sort out its mind" before attempting to tackle the problem.
Air India stake sale: Why the failed first attempt at the carrier's disinvestment could cost the Narendra Modi govt dear
The AISAM must be allowed to relax the Air India bid conditions substantially. Else, the carrier will continue to feed on taxpayer funds.
Air India divestment: Govt unsure if it can sell the ailing carrier; civil aviation secretary RN Choubey's take a case of sour grapes?
A non-airline company, with no experience in running an airline, can also place a bid for Air India. This shows all that is wrong with the divestment.