Hardeep Singh Puri’s statement on Air India privatisation ‘highly damaging’: Employees’ union

By: |
New Delhi | November 29, 2019 1:27 PM

In a letter to Prime Minister Narendra Modi, the Aviation Industry Employees' Guild said "Coming from the civil aviation minister...this statement is highly damaging, uncalled for at this stage and has massive financial implications for Air India."

Hardeep Singh Puri, civil aviation ministry, air india privatisation, air india news, aviation newsCivil Aviation minister Hardeep Singh Puri. (Photo: PTI)

Civil Aviation minister Hardeep Singh Puri’s recent statement in Rajya Sabha that Air India will have to be closed down if not privatised is “highly damaging” and will have “massive financial implications” for the national carrier, an employees’ union said on Thursday.

In a letter to Prime Minister Narendra Modi, the Aviation Industry Employees’ Guild said “Coming from the civil aviation minister…this statement is highly damaging, uncalled for at this stage and has massive financial implications for Air India, as our passengers will start cancelling their flight bookings and/or prospective passengers refrain from booking seats on AI flights from March 2020 or even before.”

“Considering the tremendous repercussions the statement may have, it would be in the interest of Air India to prevail upon the Honourable Minister not only to withdraw the statement made by him but also to refrain from making any such irresponsible statements in future,” the letter said.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Provisions for MFI loan write-offs lead Bandhan Bank to post 80% drop in Q4 net
2Adani Group deploys resources for Covid fight, procures 48 oxygen carrying tanks
3Will WhatsApp delete your account on May 15 if you don’t accept its controversial privacy policy update? No, but it will eventually