A consortium of banks with exposure to state-owned Air India, led by State Bank of India and including IDBI and Bank of Baroda, has rejected a proposal to convert 60% of the carrier's $4 billion debt into long-term loans and accept the balance in equity. Given the airline’s unprofitability, the de...
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Thai Airways profits impacted by anti-government demonstrations
By
Dino D'Amore
26th February 2014