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Air India has asked for an equity infusion of 338 million euros

Delhi, India - The money will give the airline enough strength to negotiate with the oil companies and airport operators

Civil Aviation Minister Praful Patel held another round of meeting with top officials of Air India in Mumbai on Tuesday to review the financial performance of the government carrier. In the three-hour meeting with Civil Aviation Secretary Naseem Zaidi, Joint Secretary Prashant Sukul and Air India Chairman Arvind Jadhav, the minister discussed the financial plan made by advisory firm Deloitte. Representatives...

AVIONEWS - World Aeronautical Press Agency - 1124261
Rome, Italy, 12/29/2010 18:37
AVIONEWS - World Aeronautical Press Agency

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