+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Air India's expansion plan has nothing do with privatisation, assures Ashwani Lohani

Jun 25, 2017, 13:00 IST

Air India Chairman and Managing Director Ashwani Lohani today said the management was doing everything to revive the national carrier and talks of privatisation do not have any impact on its expansion plans, according to PTI news report.

Advertisement

"We are doing all that is needed to financially revive Air India. We are going to launch new domestic and international flights and for this recruitment is on," Lohani said speaking to reporters here.

"But we have inherited a heavy burden of debt (Rs 50,000 crore)... . Besides, there are issues related to amalgamation of Air India and Indian Airlines," he added.

He refused to comment on possibility of privatisation of the national carrier and Tata group buying a stake.

"I won't comment on the issue of Air India's disinvestment. It is government's domain, not mine," he said.

Advertisement

Lohani, however, denied that privatisation talk had dealt a setback to the airline's expansion plans.

"Our expansion plans are unhindered. Twenty-five big and small aircraft will be inducted in the next couple of months. Our situation is improving with every passing year. Negative coverage (in media) is on decline," he said.

Lohani said Air India was going to launch flights from Delhi to Washington, Stockholm and Copenhagen in coming months.

"Besides, we want to introduce flights to Los Angeles, African countries and some other cities," he added.

Flight delays had decreased drastically, he claimed, adding that the airline was working on a plan to hire 300 to 400 pilots and 600-700 cabin crew.

Advertisement

Ten small 72-seater aircraft manufactured by the French firm ATR will join the Air India's fleet shortly which will give a boost to the domestic air service to smaller cities, he said.

The public carrier also had plans to connect Indore with Ahmedabad and Jaipur from August-September, Lohani said.
Advertisement

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article