Air India divestment: Raju says let us not get into any kind of speculation

The inter-ministerial group (IMG) that is to decide on the contours of Air India’s divestment is evaluating all options and is still in the process of receiving suggestions, Union civil aviation minister Ashok Gajapathi Raju said. “Let’s not go into any kind of speculation at this moment. The group of ministers has just met twice and is still in the process of inviting suggestions. As part of the group we are looking into all the possible options to make Air India a vibrant airline,” the minister explained. This means that the IMG has still not ruled out the idea of selling the airline by hiving off the international operations from the domestic. Similarly, it has still not ruled out foreign airlines from buying Air India subject to the caps applicable to the aviation sector under the foreign direct investment rules. <br/>