Published on Thu, Nov 26, 2009 at 13:56 | Source : Moneycontrol.com
Updated at Thu, Nov 26, 2009 at 14:00
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Air India shelves plans for low cost carrier
Air India has shelved plans for a domestic low cost carrier, government sources told CNBC-TV18. This low cost carrier was a part of Air India's turnaround plan.
Air India has shelved plans for a domestic low cost carrier, government sources told CNBC-TV18. This low cost carrier was a part of Air India's turnaround plan.
The Directorate General of Civil Aviation, DGCA, was reluctant to approve this launch, called AI Express Domestic Services, and the Air India board was no longer considering this the sources said. The Air India Board may look at a plan after a year.
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