New Delhi/IBNS: Air India chief Ashwani Lohani on Saturday put an end to claims that Air India may shutdown its operations for want of working capital.
Speculations were rife after Lohani told Civila Aviation Ministry last month that the carrier's financial situation was "grossly untenable" to continue the operations.
"Rumours regarding Air India shutting down or closing operations are all baseless. Air India would continue to fly and also expand and there should be no cause for concern whatsoever to travellers, corporates or agents. Air India is still the biggest airline of India," Lohani tweeted.
Rumours reg air India shutting down or closing operations are all baseless. Air India would continue to fly and also expand and there should be no cause for concern whatsoever to travelers, corporates or agents. Air India the national carrier is still the biggest airline of India
— Ashwani Lohani (@AshwaniLohani) January 4, 2020
In a letter to the Civil Aviation Ministry he had sought government intervention to sustain the operations.
"The overall financial situation is grossly untenable and the airline may not be able to sustain physical operations in the absence of immediate government intervention and support that we have been repeatedly requesting for in the recent past,' Lohani had said, reported NDTV.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
