AAI to raise over Rs 3K cr by Mar ’13

In another reply,Singh said the government was yet to decide the support it would provide to Air India,the ailing national carrier.

“The quantum of equity and other support has not been finalised by the government,” Singh said. He said a group of senior civil servants had recommended the implementation of Air India’s Turn Around Plan: “The Group of Officers who have submitted their report to the Group of Ministers have recommended that an oversight committee be appointed to ensure implementation of the Turn Around Plan and the various milestones.”

The suggestions on Air India’s turnaround plans had been referred to the Reserve Bank of India. Air India’s lenders had asked the government to set up a body to ensure that the plan was put in place,the minister said.

The government has also cancelled 175 of Kingfisher Airlines’ 418 approved daily departures after the private airline failed to operate them. Aviation rules require carriers to make alternative arrangements for passengers when flights are cancelled.

Singh said: “Kingfisher Airlines has informed that they have initiated

reconfiguration of their aircrafts due to which some of their aircraft are out of service for a few weeks. The approved slots which were not used by Kingfisher were cancelled by the Directorate General of Civil Aviation.”