Air India plans to ask for INR25 billion ($502.8 million) from the government to help finance expansion and its continued integration with Indian Airlines, Chairman and MD Raghu Menon told the Indo-Asian News Service. "We have a very small equity base of INR1.45 billion but our aircraft acquisition plan alone is worth INR450 billion," he said. "We will go to the civil aviation ministry very soon with a proposal." AI will ask for INR10.5 billion in equity and the remaining INR10 billion in ...

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