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Government weighs dropping debt condition in Air India sale

Government weighs dropping debt condition in Air India sale

 

NEW DELHI: The government is proposing to drop a condition that the winning bidder for Air India Ltd will have to take on $3.3 billion of aircraft debt, people with knowledge of the matter said, as the government struggles to sell the loss-making carrier kept afloat by taxpayer-funded bailouts….

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Indian Aviation Industry News Update
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