Speaking to local media, Ashwani Lohani, chairman and managing director of Air India, has confirmed that the airline’s debt burden is a significant hurdle to growth and that the carrier is seeking a debt restructuring. Lohani said that the costs of serving Air India’s debt runs to Rs4,000 crore ...
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LOW-COST AIRFARE MORE THAN A THIRD CHEAPER DESPITE EXTRAS
By
Dino D'Amore
20th April 2011