Air India Lowers Losses, Eyes Foreign Loan
NEW DELHI—State-owned Air India is making progress on its latest turnaround plan, but is seeking more capital to help offset rising maintenance costs and get grounded aircraft back in the air. The company’s annual net loss has fallen by about 26% in the last three years as a result of the turnaround...
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.