air india debt

Air India has made pre-delivery payment to US-based aircraft manufacturer Boeing for the 220 planes it has ordered, the carrier’s Chief Financial Officer Vinod Hejmadi said on Friday. Pre-delivery payments (PDPs) are…

A debt-laden Air India was sold to Tata Group in October last year for ₹18,000 crore. The actual handover to Tatas happened on January 27, 2022 A debt-laden Air India was sold to Tata Group in October last year for ₹18,000 crore. The…

How soon will Air India clear its dues? What does the airline, bought over by the Tatas, owe banks, oil companies and others? The story so far: On Friday (December 3), the Government sought Parliament’s approval for infusion of ₹62,057…