Business

No problem with AI disinvestment this time: Puri

No problem with AI disinvestment this time: Puri

TIL Desk/Business/New Delhi/ Air India’s disinvestment will not face any problems this time as the interest shown by prospective buyers has been reassuring, Aviation Minister Hardeep Singh Puri said on Monday. He said the government wants Air India to keep flying as a brand for years to come.

The minister also assured the employees at Air India that their requirements would be foremost in the airline and factored in whatever arrangement is decided with the successor. In the Preliminary Information Memorandum issued a few weeks ago for Air India’s stake sale, the government had stated that the brand name would have to kept as it is by the future owner.

“The strongest support that you have on your future comes from the government. We not only want to keep Air India flying as a brand but we want to ensure that continued operation will end the uncertainty of last many years,” Puri said at an event.

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