Air India seeks $459 mln govt aid -chairman | india | Hindustan Times
Today in New Delhi, India
May 28, 2017-Sunday
-°C
New Delhi
  • Humidity
    -
  • Wind
    -

Air India seeks $459 mln govt aid -chairman

Air India is seeking more than rupees 20 billion ($459 million) of aid from the government to help it purchase aircraft.

india Updated: Aug 21, 2008 11:42 IST

State-run carrier Air India [AI.UL] is seeking more than 20 billion rupees ($459 million) of aid from the government to help it purchase aircraft, its chairman said on Thursday.

"It is for equity, and something of a soft loan," Raghu Menon told reporters.