Aviation min hits out at CAG: AI needed planes

September 09, 2011 15:22

Aviation minster Vayalar Ravi hits out at the CAG report indicting Air India yesterday and said the decision to purchase aircraft was first taken by the NDA government in 2002. Air India needed aircraft and the was purchase inevitable, he said.

The decision to acquire 111 planes by Air India through debt was "a recipe for disaster" and should have raised alarm in the government, the Comptroller and Auditor General said yesterday.

Terming the move for getting of a "large number" of planes as "risky", the CAG said the aircraft acquisition had "contributed predominantly" to the airline's massive debt liability of Rs 38,423 crore as on March 31 last year.

Also read: Former aviation minister Praful Patel's 2009 interview to Business Today

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