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State subsidies for Air India: 247 million euros from the government

New Delhi, India - And from today a new plane B-787 Dreamliner connects Kochi with Dubai

At the presentation of the 2017-2018 budget of Air India airline the Indian Minister of Finance Arun Jaitley announced yesterday state aids for about 247 million euros. A similar amount of money was given to the airline also in the previous year 2016-2017. Air India achieved a 14.4 million euros operating profit in the past fiscal period, but it is now again losing money. Debts amount to about 6.3...

AVIONEWS - World Aeronautical Press Agency - 1201956
Rome, Italy, 02/02/2017 18:43
AVIONEWS - World Aeronautical Press Agency

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