The Narendra Modi government in its first term had also attempted to exit from the airline business but failed to get a buyer, forcing it to defer the plans.
Sources claim that the government is in favour of 100 per cent stake sale to attract investors, and Air India CMD Ashwani Lohani has written on the same lines in a national daily.
On Wednesday, the national carrier said that it has set up a high-level inquiry to probe a sexual harassment complaint filed against a commander by a woman pilots.
Air India's chairman and managing director Ashwani Lohani said he expects normalisation of operations by Saturday night, following a glitch which shut down its software for 6 hours.
With Jet Airways suspending operations since Wednesday, the state-owned carrier to lease five wide-body Boeing planes from the grounded airline.
Lohani, who was Railway Board chairman from August 2017 to December 2018, had his appointment approved by the Appointments Committee of the Cabinet.
The target for finishing new lines, gauge conversion and doubling was fixed at 5000 km.
He said that the accident occurred at a stretch between two stations -- Amritsar and Manawala, and not at a level crossing.
Lohani said in a letter to employees yesterday that Indian Railways had suffered a serious dent in the recent past due to certain unfortunate incidents.