New Delhi: The news of the closure of Air India, which is facing a financial crisis, has been denied by the company's MD Ashwani Lohani. Ashwani Lohani, Chairman and MD of Air India, has reported the news of the closure of Air India as a rumor. Lohani said in her statement that, "The rumor of Air India shutting down or ceasing operations is baseless. Air India will continue to move forward and continue flying." Great cashback offers with low transaction charge with RuPay Card Lohani has once again reiterated that Air India is still the largest airline in the country. Lohani himself has dismissed such reports by tweeting. He has written in his tweet that no one, passenger, corporate or agent need worry. The response from the airline comes two days after Union Civil Aviation Minister Hardeep Singh Puri met with several representatives of Air India unions about the privatization of Air India. Big blow to common man's pocket, Petrol and diesel became expensive for fourth consecutive day Earlier, the central government had said on Tuesday that privatization of debt-ridden Air India has become a constraint as fears about its closure are increasing. Puri had said, "I had also said earlier, for us, this is not an option. Air India has to be privatized." Tension in market due to US-Iran conflict, Rupee depreciated while gold rises