FINANCIAL RESTRUCTURING OF AIR INDIA
14/March/2012

GOVERNMENT OF INDIA
MINISTRY OF CIVIL AVIATION
LOK SABHA
STARRED QUESTION NO: 33
ANSWERED ON:  14.03.2012
FINANCIAL RESTRUCTURING OF AIR INDIA
P. C. MOHAN
SHASHI THAROOR
Will the Minister of



CIVIL AVIATION be pleased to state:-




(a) the total debt burden of Air India at present and the entities to whom such debt is payable; 

(b) the expenditure, income and losses of Air India during each of the last three years and the current year alongwith the reasons for incurring losses; 

(c) whether banks have refused to give fresh loans to Air India and if so, the steps being taken in this regard; 

(d) whether any restructuring plan/bailout package for Air India has been cleared/approved recently and if so, the details thereof; 

(e) whether the Government is considering disinvestment of Air India and if so, the details thereof; and 

(f) the action taken/being taken and the progress made on the turnaround and financial restructuring plan of the company?


ANSWER

MINISTER OF CIVIL AVIATION (SHRI AJIT SINGH) 

(a),(b),(c),(d)(e)and(f): A statement is laid on the Table of the House. 

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