Aviation Industry News, Indian airline industry news, aviation news, flights new, airports new in India
Business Today
Cabinet approves transfer of Air India's Rs 29,464 crore loans, subsidiaries to SPV

The government will provide a total of Rs 3,900 crore for servicing Air India's loans transferred to the SPV, according to interim Budget presented on February 1.

The passenger had a personal issue with his wife; he also told the pilot he wanted to speak to Bangladesh's Prime Minister Sheikh Hasina.
The bank-led resolution plan that entails a debt-to-equity swap is reportedly a temporary structure aimed at giving Jet Airways time to raise equity from investors.
His appointment was approved by the Appointments Committee of the Cabinet on Wednesday.