AI, IA IPOs in current fiscal: Aviation Minister Thursday, July 14 2005 15:19 Hrs (IST) - World Time -
New Delhi:
Aviation Minister Praful Patel has said that Air India and Indian Airlines Initial Public Offerings (IPOs) are to come out in the current fiscal and the Government is likely to appoint advisors for these IPOs soon.
He also said that the Government is to offer Esops in Air India and Indian Airlines IPOs. He added that there is no plan to raise private airlines' entry barriers. He has also backed MoF plan to seek details of Indian Airlines-Airbus deal.