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Interested in keeping Air India in Indian hands, says Suresh Prabhu

In an exclusive conversation with Business Today, Civil Aviation minister Suresh Prabhu said, "Air India disinvestment has not been handled at the ministry so far. We will definitely be interested in making sure that Air India remains in Indian hands only. Not more than 49 per cent will go to foreigners."

The facility will enable the company to use its technology across manufacturing programmes for complex aerostructures manufacturing and increased indigenisation.
On March 12, aviation regulator Directorate General of Civil Aviation ordered grounding of 11 A320neo planes fitted with P&W 1100 engines citing safety concerns
Aviation advisory firm Swiss Aviation Consulting (SAC) on Monday denied it has expressed interest in buying the debt burdened state-run carrier Air India.