With the national carrier Air India hit by losses, the government would roll out a financial bail-out package for it, Civil Aviation Minister Praful Patel said on Sunday night.
Asked about a possibel bail-out package, he said "well, I think it will happen because as the owner of the airline Air India, the government has its responsibility to put in equity, like private airlines where their promoters put in money".
Asked if the government was looking at a Rs 15,000-crore bailout, Patel said "no, no, 15,000 crore is not the number. The number is far less than that".
"I can't give a number.....but I can certainly tell you that it has been looked at very actively", he said.
For the first time since losses hit Air India, the carrier announced that the payment of salaries of about 30,000 employees for June will be delayed by a fortnight.
Asked about a possibel bail-out package, he said "well, I think it will happen because as the owner of the airline Air India, the government has its responsibility to put in equity, like private airlines where their promoters put in money".
Asked if the government was looking at a Rs 15,000-crore bailout, Patel said "no, no, 15,000 crore is not the number. The number is far less than that".
"I can't give a number.....but I can certainly tell you that it has been looked at very actively", he said.
For the first time since losses hit Air India, the carrier announced that the payment of salaries of about 30,000 employees for June will be delayed by a fortnight.
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