The Central government is moving fast for strategic sale of Air India, the government owned Airlines, which has been functioning for the last more than seven decades as the Prime Airline in India on both International and domestic routes.
The policy decisions taken by the continuing central governments, like purchasing about 111 planes where there was requirement only for about 35 planes, merging Air India and Indian Airlines, handing over its routes to private companies etc. created such a situation that Air India started incurring losses. The non-payment of large amount of bills by the Central and State governments was another reason. It is understood that many such amount has been written off.
In short, the government itself is fully responsible for the present state of affairs of Air India. Even while it is in loss as per accounts due to the large loans, interest etc. Air India has been posting operational profit for the last few years. A good management with the support of the government would have restored Air India to its glorious past. But the government is intended on sale of the Air India as per its neo-liberal policy completely supporting the corporates to garner profit.
The latest information is that Indigo Airlines has informed its interest in taking over Air India, mainly its international flights. There will be other companies also including foreign airlines.
Will Air India become a nostalgic memory of the past? Whether struggles by the Air India Staff, central trade unions and progressive section of the people will save Air India from privatisation?