Question : DISINVESTMENT OF AIR INDIA AND INDIAN AIRLINES



(a) whether the Government have since decided to sale forty percent share of Air India and Indian Airlines to Singapore Airlines and Tata in the ratio of 26:14 percent at the lower price fixed; and

(b) if so, the details in this regard ?

Answer given by the minister


MINISTER OF STATE (INDEPENDENT CHARGE) OF THE DEPARTMENT OF DISINVESTMENT, MINISTER OF STATE IN THE MINISTRIES OF PLANNING, STATISTICS & PROGRAMME IMPLEMENTATION AND MINISTER OF STATE IN THE DEPARTMENT OF ADMINISTRATIVE REFORMS AND PUBLIC GRIEVANCES (SHRI ARUN SHOURIE)


(a) The Government has not yet taken any decision regarding the strategic buyer and/or the price for disinvestment of its equity either in Air India or in Indian Airlines.

(b) Does not arise.