Today in New Delhi, India
Nov 19, 2018-Monday
-°C
New Delhi
  • Humidity
    -
  • Wind
    -

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.

india Updated: Aug 12, 2011 10:30 IST
None

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.

First Published: Aug 12, 2011 10:28 IST