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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 AM 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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Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk LIVE and more across India.
Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk LIVE and more across India.
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