Gupta said the foreign airline would not be allowed 40 per cent holding in Air India as has been recommended since major investments had been made by the government and it may not be feasible to give it away. A decision regarding this would also be taken soon, he said.

The disinvestment process of the two national carriers, Hotel Corporation of India and Pawan Hans was very much on, but there were a few differences which needed to be sorted out, he added.

``After we get the Cabinet to accept it in principle, we will go ahead with the disinvestment,'' he said. Regarding a strategic partner for Air India, the minister said there was no move to stop those foreign airlines which operate in India from participating in the open bid.