Air India presents restructuring plan to bankers, looks to cut $900 million in yearly costs
Air India A319. Photo: By Rob Finlayson. Air India Chairman and MD Arvind Jadhav met with a consortium of Indian bankers on Friday to present a turnaround plan aimed at making the struggling carrier "operationally profitable by 2015." AI said in a statement that Jadhav "took the senior bank...
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