Air Transport World

Air India.

Air India has been offered Rs10 billion ($231.4) million) by the government via a capital restructuring although no timetable has been established for the cash infusion. The airline reported, a net loss of $56.4 million in its 1998-99 fiscal year, beating a budgeted loss of $81.1 million. It expects to post a net loss of $28. …

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