MUMBAI: India's debt-crippled national airline is focused solely on daily survival and keeping its flights in the air, a spokesman said Thursday , after the government warned it would have to shut down unless a buyer was found.
Aviation minister Hardeep Singh Puri said Wednesday that the airline would"have to close down if it is not privatised", adding the government would soon invite takeover bids.The company's debt mountain may be hived off in a bid to make it more attractive to potential buyers, according to media reports.
State-run oil companies halted fuel supplies to Air India in August over delinquent payments. The firms agreed to lift the suspension the next month after talks brokered by the government.
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