Centre looking at options to make Air India profitable: Jayant Sinha
Minister of State for Civil Aviation, Jayant Sinha has said that the government is looking at ‘alternatives’ available to make Air India and other public sector units more competitive and profitable.
“Our objective is to transform the public sector carrier to a great global airline and we are doing whatever possible in this regard,” the Minister said. He stated that the government was studying alternatives to strengthen the public sector units, including Air India and make them ‘competitive and profitable’. He said that during the last three years, the government has made efforts to optimise route network based on viability and was viewing the new routes such as Washington DC, Copenhagen and Ranchi-Kolkata as profitable.
“We have made efforts to optimise route network on favourable routes with an intention to make the airline more competitive and profitable. The Air India also procured new aircraft to achieve the goal,” said Sinha .
Union Finance Minister, Arun Jaitley and his Civil Aviation counterpart Ashok Gajapathi Raju discussed the future course for Air India, with senior officials indicating that a decision on privatisation will be taken within three months. Sinha appreciated the initiatives taken by the government, stating that its efforts had resulted in Air India to make Rs 105 crore operating profit last year.