Air India has agreed to partially pay off its Rs. 2,300 crore debt to state-owned Indian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum Corp via daily payment system for the next 45 days, after which it hopes to repay in full. Air India will pay a lump sum of Rs. 475 crore, or a little...
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Lufthansa to deploy A340-300 on African routes
By
Dino D'Amore
15th June 2016