On July 11, 2019, the Modi government had issued an EoI to sell its 51% stake in the national helicopter carrier PHL
Puri added that the opposition against the new citizenship law was riding on a false narrative.
The sovereign guarantee will help the airline secure some funds, a part of which has already been drawn, he said adding," Air India is already in discussions with the banks."
Air India is losing Rs 150-200 crore each month despite 10 per cent year-on-year increase in revenue
In a written reply to the Lok Sabha, Puri said the Directorate General of Civil Aviation (DGCA) keeps track of the registered civil RPAS
The national carrier, which has a debt burden of more than Rs 50,000 crore, has been making loss for long and as part of revival efforts, the government has decided on disinvestment
In essence, we are trying to provide whatever support you, as exporters, need from the government, Puri said
The employees' union called hardeep Singh Puri's comment on Air India to be shut down if not privatised 'highly damaging' which will have 'massive financial implications'.
The minister was replying to an allegation by AAP Rajya Sabha MP Sanjay Singh who on November 27 said in the House that Puri had "assured" Parliament "no employee of Jet Airways would lose job
Puri made the announcement while moving the National Capital Territory of Delhi (Recognition of Public Rights of Residents in Unauthorised Colonies) Bill, 2019 in the lower House
DIAL has to pay the AAI an annual fee at the rate of 45.99% of projected revenue for each year
Puri said that the UP government is unable to give 60 acres of extra land, which the AAI asked for, as it is a "forest land".
Government is considering a plan to exclude more than half of Air India's $11 billion of debt in the government's latest attempt to lure investors to the struggling carrier, said sources
This time, according to Puri, "100 per cent is the current thinking everywhere, as last time we went in wanting to retain 24 per cent and clearly that was not conducive to the process"
Earlier this month, as many as 13 Air India unions including its pilots unions, Indian Pilots Guild (IPG) and Indian Commercial Pilots Association (ICPA), had discussions with the airline top brass
Earlier in August this year, the Civil Aviation Minister had said that the government is determined to privatise Air India and people are interested in buying it
On being asked about state funding for Air India, Puri said that governments has its own limits
"Delhi is on all (central government) schemes that I am aware of. It is underperforming and in many cases, it is a non-performing government
The BJP has not declared any chief ministerial candidate for the upcoming polls in the national capital
The BJP had placed its bets on Harsh Vardhan during the 2013 assembly elections, while former IPS officer Kiran Bedi was its CM face in 2015.