Srinivasa Venkat, director of finance at Air India has disclosed to the audience at CAPA – Airline Fleet and Finance Summit 2014 that the airline does not have a strong enough balance sheet to raise finance on its own back and so will need to rely on a sovereign guarantee from India's Government for its fleet acquisition programme.
Related posts
NAG and Marabu agree long-term service deal
By
Dino D'Amore
24th February 2023