Question : Sale of Air India

(a): whether the Government has finalized to sell a part of Air India to cut heavy losses being incurred by them;

(b) if so, the details thereof along with the estimated revenue from the said sale;

(c) the time by which it is likely to be sold;

(d) whether the major loss-making operations are not being sold so as to benefit high ups and the staff of Air India;

(e) if so, the reasons therefor; and

(f) the steps proposed to cut perks and others benefits like free and discounted air tickets being offered to its working and retired employees?

Answer given by the minister

The Minister of State in the Ministry of CIVIL AVIATION
(Shri Jayant Sinha)

(a) to (c): The Government remains committed to the disinvestment of Air India. AISAM has directed to separately decide the contours of the mode of disposal of the subsidiaries viz. Air India Engineering Services Limited (AIESL), Air India Air Transport Services Limited (AIATSL) and Airline Allied Services Limited (AASL). Further, AISAM has, inter-alia, approved the contours for sale of subsidiaries of AI and directed to expedite the sale of AIATSL.;

(d): In this regard, no such information is available in the Ministry of Civil Aviation.

(e): Does not arise in view of (d) above. ;

(f):At present, there is no such proposal under consideration in Air India Limited.

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