Asia/Pacific

Air India plans to finance aircraft with cash, equity from Tata and sale-leasebacks

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Air India plans to finance aircraft with cash, equity from Tata and sale-leasebacks

Air India plans to finance its mega aircraft order through a combination of three options using cash flow, equity by parent Tata Group, and sale and leaseback over the next few years, the airline’s chief executive officer, Campbell Wilson said. Air India can and will use the available funding sour...

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