Govt has prepared revival plan for Air India: Union Minister
Union Minister Jayant Sinha has said the government has prepared a revival plan for cash-strapped Air India. The plan includes transfer of non-core debt and assets to a Special Purpose Vehicle and differentiated business strategies for each of the carrier's core businesses. Till date, Air India has realised an amount of â¹410 crore through sale of non-core assets, Sinha added.