Airline

AIR INDIA DOES NOT HAVE FUNDS TO CONTINUE BEYOND MARCH 2011

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AIR INDIA DOES NOT HAVE FUNDS TO CONTINUE BEYOND MARCH 2011

Air India has revealed it does not have the finances to pay for salaries of its employees beyond March. Senior management have briefed the civil aviation ministers on the dire situation and warned unless it immediately releases the remaining Rs 1,200 crore equity support, which has been opposed...

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