we will basically be repeating much of this year’s divestment plans including that of strategic divestment next financial.
The union also said that it is unfortunate that they (PSUs) are being sold in the name of resource mobilization to fund social spending.
When the rat remained untraceable, pesticide was sprayed inside the aircraft to ensure that the missing rat did not survive, shutting the aircraft for almost 12 hours.
The airline is awaiting necessary approvals from the ministries of External Affairs and Health to operate the special evacuation flight, the source said.
Shareholding in AI Express and AISATS on the block, too; March 17 deadline for bids
The airline's management control would also be transferred to the successful bidder.
In 2018 when the government sought to offload 76 per cent stake in Air India, the networth amount and minimum consortium partner limit were set at Rs 5,000 crore and 26 per cent, respectively.
Besides, a due diligence report about the airline would be provided to potential bidders before the request for proposal (RFP) stage.
Representatives of various Air India trade unions will meet here to discuss the government's privatisation plans, sources said.
As part of the strategic disinvestment Air India would also sell 100 per cent stake in low-cost airline Air India Express and 50 per cent shareholding in joint venture AISATS.
The airlines also put up a big hoarding at the historic Lal Chowk in the heart of Srinagar to congratulate the people on Republic Day.
Aviation Minister Hardeep Singh Puri had earlier said that Air India will be shut down, in case the disinvestment exercise is not successful.
Air India has been in the red for long and the government is now in the process of finalising the contours for its disinvestment.
At a meeting between the Aviation Minister and representatives of over a dozen Air India unions in New Delhi on Monday, the Hardeep Puri also 'assured' the employees of full payment of their arrears.
According to a complaint filed by the woman pilot, the alleged incident took place on May 5 last year in Hyderabad, where she was being trained by Captain Sachin Gupta.