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No plan to bail out Jet Airways, real estate companies: Minister


India can’t be a nanny state offering bailouts to airlines and real estate companies, said Union Minister Hardeep Singh Puri, who is in charge of Civil Aviation as well as the Housing and Urban Affairs Ministries.

On the challenge of restoring capacity on international routes vacated by the troubled Jet Airways, he outlined a two-pronged strategy — giving domestic airlines their due share and engaging with international carriers.

“You can’t run a private sector organisation, goof it up and then go to the government to say ‘bail me out’. That’s not doable. Because if we were to go ...


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