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Author Topic: India state airlines set to merge  (Read 1530 times)

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Offline casper

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India state airlines set to merge
« on: February 22, 2007, 10:55:37 AM »
India's two main state-owned airlines are set to merge in an effort to compete more effectively with private carriers, officials say.
The interests of the workers of Air India and Indian "would be taken care of" after the merger, said Federal Aviation Minister Praful Patel.

Officials said the deal would make the new entity more competitive, yielding annual savings of 5bn rupees ($113m).

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