November 05, 2024 21:55 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Union Minister HD Kumaraswamy booked for threatening cop probing into mining case | Supreme Court upholds validity of Uttar Pradesh Madrasa Education Act | Not all private properties are community resources that govt can take over: Supreme Court | Pakistan's Lahore has become world's most polluted city with an AQI of 1900 on Sunday | Indian Army 'successfully completes' patrolling to a key point in Ladakh's Depsang region
Rumours of shutdown baseless:Air India Chairman

Rumours of shutdown baseless:Air India Chairman

| @indiablooms | 04 Jan 2020, 06:07 pm

New Delhi/IBNS: Air India chief Ashwani Lohani on Saturday put an end to claims that Air India may shutdown its operations for want of working capital.

Speculations were rife after Lohani told Civila Aviation Ministry last month that the carrier's financial situation was "grossly untenable" to continue the operations.

"Rumours regarding Air India shutting down or closing operations are all baseless. Air India would continue to fly and also expand and there should be no cause for concern whatsoever to travellers, corporates or agents. Air India is still the biggest airline of India," Lohani tweeted.

In a letter to the Civil Aviation Ministry he had sought government intervention to sustain the operations.

"The overall financial situation is grossly untenable and the airline may not be able to sustain physical operations in the absence of immediate government intervention and support that we have been repeatedly requesting for in the recent past,' Lohani had said, reported NDTV.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.