Air India Close To Defaulting Days After Jet Airways Collapse

Air India Close To Defaulting Days After Jet Airways Collapse

Just days after the suspension of all operations for Jet Airways, fellow Indian airline Air India is in trouble too. The carrier is short by around INR 90 billion ($1.3 billion) to make repayments on debt due in the current fiscal year.

https://simpleflying.com/air-india-close-to-de....

Air India’s SOS: No funds to repay and service Rs 9,000 cr debt in FY20

https://economictimes.indiatimes.com/industry/t...