Lok Sabha Question No. 872 (UNSTARRED), answered on 2017-07-20
Subject: Disinvestment/Privatisation of Air India
Ministry: CIVIL AVIATION
Asked by: C. N. JAYADEVAN, JAYAKUMAR JAYAVARDHAN, RAJEEV SHANKARRAO SATAV, SHASHI THAROOR, SUSHMITA DEV, E. T. MOHAMMED BASHEER, M. UDHAYAKUMAR, KUNWAR HARIBANSH SINGH, P. C. MOHAN, DHANANJAY BHIMRAO MAHADIK, SUMEDHANAND SARASWATI, GAJANAN CHANDRAKANT KIRTIKAR, JYOTIRADITYA MADHAVRAO SCINDIA, KURUPPASSERY VARKEY THOMAS, P. KARUNAKARAN, SANJAY SHAMRAO DHOTRE, SURESH KODIKUNNIL, ASADUDDIN OWAISI, PR. SENTHILNATHAN, RODMAL NAGAR, SATYA PAL SINGH, PRAHLAD SINGH PATEL, M. B. RAJESH, JOSE K. MANI, BIDYUT BARAN MAHATO, CHINTAMAN NAVSHA WANAGA, ASHOK SHANKARRAO CHAVAN, SAUGATA ROY, VIJAY KUMAR S.R., SUDHEER GUPTA, RAJESH VERMA, SANGANNA AMARAPPA KARADI, SANTOSH AHLAWAT, T. RADHAKRISHNAN, T.G. VENKATESH BABU, CHANDRA PRAKASH JOSHI, Adhikari Dibyendu, JANARDAN MISHRA, PRATHAP SIMHA, V. SATHYABAMA, SHIVKUMAR CHANABASAPPA UDASI, KAUSHALENDRA KUMAR, SHOBHA KARANDLAJE, HEENA VIJAYKUMAR GAVIT

872.

## GOVERNMENT OF INDIA

## MINISTRY OF CIVIL AVIATION LOK SABHA UNSTARRED QUESTION NO\_ 872 (To be answered o the 20th July 2017)

## DISINVESTMENT/PRIVATISATION OF AIR INDIA

SHRI CN: JAYADEVAN

DR: J. JAYAVARDHAN

SHRI SATAV RAJEEV

DR: SHASHI THAROOR

KUMARI SUSHMITA DEV

SHRI E.T: MOHAMMED BASHEER

ADV M: UDHAYAKUMAR

KUNWAR HARIBANSH SINGH

SHRI PC. MOHAN

SHRI DHANANJAY MAHADIK

SHRI SUMEDHANAND SARSWATI

SHRI GAJANAN KIRTIKAR

SHRI JYOTIRADITYA M SCINDIA

PROF KV. THOMAS

SHRI P. KARUNAKARAN

SHRI SANJAY DHOTRE

SHRI KODIKUNNIL SURESH

SHRI ASADUDDIN OWAISI

SHRI P R .SENTHIL NATHAN

SHRI NAGAR RODMAL

DR SATYAPAL SINGH

SHRI PRAHLAD SINGH PATEL

SHRI M: B. RAJESH

SHRI JOSE K MANI

SHRI BIDYUT BARAN MAHATO

ADV. CHINTAMAN NAVASHA WANAGA

SHRI ASHOK SHANKARRAO CHA VAN

PROF SAUGATA ROY

SHRI S.R VIJAYAKUMAR

SHRI SUDHEER GUPTA

SHRI RAJESH VERMA

SHRI SANGANNA AMARAPPA

SHRIMATI SANTOSH AHLAWAT

SHRI T. RADHAKRISHNAN

SHRI VENKATESH BABU T.G.

SHRI CHANDRA PRAKASH JOSHI

SHRI DIBYENDU ADHIKARI

SHRI JANARDAN MISHRA

SHRI PRATHAP SIMHA

SHRIMATI V. SATHYA BAMA

SHRI SHIVKUMAR UDASI

SHRI KAUSHALENDRA KUMAR

KUMARI SHOBHA KARANDLAJE

DR HEENA VIJAYKUMAR GAVIT

## Will the Minister of CIVIL AVIATION

be pleased to state: -

- (a) the details of loss incurred by the Air India during the last three years and financial assistance provided by the Government during the said period to the national carrier;
- (c) if s0, the details thereof including the modalities being worked out in this regard;
- (b) whether the Government has given in-principle approval for strategic disinvestment/privatisation 0f State owned Air India;
- (d) the total market share and the quantum of debt of Air India as on date;
- (f) if s0, the details thereof along with the time which this strategic disinvestment would take place; and by
- (e) whether the Government would consult all stake holders including workers union before going for disinvestment;
- (g) the manner in which interest of the employees union and assets of Air India would be protected?

## ANSWER

Minister of State in the Ministry of CIVIL AVIATION

Year

Net Loss

Financial assistance

(Rs: Crores)   provided (Rs. Crores)

2015-16

3834.77

6000

(Shri Jayant Sinha)

2014-15

5859.91

5780

6279.60

3300

(b) and (c): Yes, Madam: The Cabinet Committee o Economic Affairs considering strategic disinvestment %f Air Indic and its five subsidiaries and constitution of Air India Specific Alternative Mechanism:

and scope Of work 0f Advisers/ Valuer in accordance with the model RFPs suggested by the Department of Investment and Public Asset Managemend The domestic market share %f Air India for the FY 2016-17 is 14.2% and 13.0%=

The total debt of Air India Ltd as on 31st March 2017 is Rs 48,876.81 crores

Mechanism has been constituted which will decide the course of further action.