Air India will get $5.8 billion; decision on foreign airline investment postponed

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...

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