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Aviation min to seek nod for Air India equity infusion

India's civil aviation ministry will shortly seek cabinet approval to infuse equity into state-run carrier Air India, the ministry said on Wednesday.

Updated on: Sep 16, 2009, 12:33:42 IST
Reuters | By , New Delhi
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India's civil aviation ministry will shortly seek cabinet approval to infuse equity into state-run carrier Air India, the ministry said on Wednesday.

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Praful Patel told reporters on the sidelines of an industry conference that the carrier was looking to reduce its high-cost debt.

He did not specify a time frame for taking the proposal to cabinet.

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