Air India Gets Financial Boost From Government

Credit: BOEING
India has approved a $5.8 billion turnaround plan for financially struggling Air India, as well as the carrier’s order for 27 Boeing 787s. The turnaround plan, which includes an equity infusion of 300 billion rupees ($5.8 billion) by 2020 to support Air India’s finances and restructure operations of...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.