May 17th, 2019 2:50 PM 0 COMMENTS

Air India Business Should Be Restructured to Save It From Unsustainable Debts, Says Union Minister for Civil Aviation Suresh Prabhu

As a means to save the debt-ridden national carrier Air India, the Government offered to offload 76% of equity share, according to a report by Money Control. The article that quotes Aviation Secretary said that the government had provided financial support to the airline from time-to-time as it failed to attract any investors in the bidding process that completed on May 31. The Government is also said to have offered... Read More

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