Rs 30k cr Air India debt to be transferred to new co - Walletnews For Me

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Friday, November 30, 2018

Rs 30k cr Air India debt to be transferred to new co

Air India will need to seek approval of lenders to transfer the debt. If that is hard to or does not come by, the government could even look at asking the SPV to raise the sum and pay off lenders, said a senior aviation ministry official.

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