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Why should taxpayers bear the cost of saving Air India?
Air India is laden with a cumulative debt of Rs. 40,000 crore that it incurred over aircraft acquisition,and as short-term loans to maintain its operations. The airline posted losses around Rs. 7,000 crore for the last fiscal.
Updated on: Aug 12, 2011, 10:30:19 IST
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Air India is laden with a cumulative debt of Rs. 40,000 crore that it incurred over aircraft acquisition,and as short-term loans to maintain its operations. The airline posted losses around Rs. 7,000 crore for the last fiscal.
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