Air India parent National Aviation Co. of India said in a Draft Restructuring Plan released last Friday that over the next nine months it plans to "enhance [its] focus on [developing an] LCC for high-density domestic/international routes" along with an "aggressive route restructuring" and intends to create subsidiaries for its MRO, ground handling and cargo operations. Within 18-36 months NACIL said it expects "profitable growth" and hopes to spin off "noncore businesses" and prepare for an ...

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