Asia/Pacific

Indian Government to infuse $36.5 million into cash-strapped Alliance Air

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Indian Government to infuse $36.5 million into cash-strapped Alliance Air

The Indian Government is planning to inject $36.5 million into Alliance Air as the airline continues to face financial crunch and pilot strikes. The airline stands to benefit greatly from the timely equity infusion from India's Ministry of Finance, easing its worries of ongoing pilot strikes impacti...

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