This time there would be no problem in Air India disinvestment: Hardeep Singh Puri

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 Monday. He said the govt 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 govt had stated that the brand name would have to kept as it is by the future owner. "Somebody asks what will happen to the staff. The staff will be required by whoever will be the new entity. There has been no recruitment for how many years. There is no surplus staff," Puri said. <br/>
PTI
https://www.moneycontrol.com/news/business/this-time-there-would-be-no-problem-in-air-india-disinvestment-hardeep-singh-puri-4951721.html
2/17/20
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