Air India A319. By Rob Finlayson The Indian government said Thursday it will invest INR300 billion ($5.76 billion) through 2020 to restructure struggling Air India (AI), including an immediate INR67.5 billion ($1.3 billion) injection. The state-owned carrier will also spin off its MRO and engineering units into separate subsidiaries, civil aviation minister Ajit Singh told reporters following a meeting of the Indian cabinet, according to multiple news reports from India. While AI ...

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