Air India is looking for alternate funding, as a cash-strapped government of India has been unable to provide promised equity for the past six months. In a board meeting this week, the airline approved a plan to sell five Boeing 777-200LR aircraft to Etihad Airways. This is expected to bring in about $350 million, but the airline may need to borrow more for its working capital needs. Last year the government signed off on a turnaround plan, which included $6.5 billion equity infusion ...

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