• youtube facebook twitter

Search

Air India aircrafts stand parked at the international airport in Mumbai. Photo Courtesy: AP
Praful reviews performance of Air India
Mon Dec 27 2010 10 : 12 / Mumbai
Air India is expecting Rs 1200 crore equity infusion in the next few days, Patel said.

Civil Aviation Minister Praful Patel today reviewed the financial performance of the national carrier Air India during a meeting with the top airline officials, sources said.

The meeting lasted for around four hours, during which the Minister was apprised of the various issues, particularly relating to operations and engineering, they said.

"Patel along with Civil Aviation Secretary SNA Zaidi held a meeting with top officials and reviewed financial performance of the airline," airline sources said here.

The meeting remained inconclusive and will continue tomorrow, they said adding, "It is not yet clear whether Patel will be attending it or not."

Earlier talking to reporters after the launch of India's first seaplane (amphibian), Jal Hans at the Juhu Aerodrome, Patel had said that Air India needed to do a lot more in terms of performance.

"We would like to see Air India performing better than what it is today. Some parameters have been met but a lot more needs to be done," he said.

Air India is expecting Rs 1200 crore equity infusion in the next few days, Patel said adding the Civil Aviation Ministry has also recommended to the Government to provide another Rs 2000 crore equity infusion for the next fiscal as well.

Agency/Source 
Press Trust of India
No votes yet

Viewers Comments

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Enter the characters (without spaces) shown in the image.
This site is not compatible with any version of the Internet Explorer 6 browser. For a great Live TV experience, please install Adobe Flash.
[hide]
[hide]