Wednesday, September 20, 2006

Cabinet note on IA, A-I merger likely by Nov

New Delhi: The civil aviation ministry is likely to move a Cabinet note on the proposed merger of public sector carriers Air-India and Indian Airlines in November after it receives a report from consultancy firm Accenture.
“There are no impediments in the process. Everything is going on as planned,” civil aviation minister Praful Patel said.
He said the consultancy firm, appointed to prepare a roadmap for the merger of the two carriers, would submit its report by October.
“We hope the Cabinet note on the matter should be ready in November after we receive this report,” Patel said in response to questions, adding that the proposed merger process was moving on track and would be completed as planned within the current financial year.
20/09/06 Financial Express
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