Onbester Peoples

Air India tackles debt issues; freezes fleet expansion plans

The Indian government is considering various options to help reduce the INR600 billion (USD9.3 billion) debt currently on the books of Air India (AI, Mumbai Int’l). One option is to hold a reverse auction, leveraging assets such as the airline’s landing slots and access to infrastructure, reports …

Full article:Air India tackles debt issues; freezes fleet expansion plans

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