Wednesday, May 1, 2019

Air India has around 20 planes grounded for repair

The flag carrier Air India has been forced to ground as many as 20 of its 127 fleet of aircraft, a senior official has said. The debt-ridden AI, surviving on public doles, needs at least Rs 1,500 crore to get new engines for these planes, and with has no funds coming in, these planes are unlikely to resume operations any soon, the official explained.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2WgksP1

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