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New Delhi: India will infuse Rs 2000 crore in equity into ailing state-run carrier Air India as part of a turnaround and financial restructuring plan, a government statement said on Friday.
Last year, the government had approved a $5.8 billion bailout plan for the national carrier. The latest equity infusion is part of that plan.
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Air India is the flag carrier airline of India. It is part of the government of India owned Air India Limited (AIL).
The airline operates a fleet of Airbus and Boeing aircraft serving Asia, Europe and North America. Its corporate office is lo ...
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