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Graceless! loss of 15 crores, everyday: Air India to get privatised

Air India will soon be privatised, as it has been associated with the loss of 15 crore rupees, everyday.The company is going through the deficiency of 20 aeroplanes, at this current moment.

Hardeep Singh Puri(Civil Aviation Minister of India and Ministry of Housing and Urban Affairs in India), said that the runway which was initially able to sustain the the take-off of 45 km/hr, is now able to accept only 36 km/hr.Measures are been taken to solve the respective issue.

The government will start the process of strategic disinvestment of Air India in the second half of 2019-20 and in between it would work towards selling some of its subsidiaries and monetise assets.
Hence, the aspect is that, Air India would be sold soon.

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