| MINISTRY OF CIVIL AVIATION |
| FINANCIAL RESTRUCTURING OF AIR INDIA |
| P. C. MOHAN |
Will the Minister of
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CIVIL AVIATION |
be pleased to state:-
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(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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