Air India has around 20 planes grounded for repair http://bit.ly/2J9BCtR - Walletnews For Me

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Wednesday, May 1, 2019

Air India has around 20 planes grounded for repair http://bit.ly/2J9BCtR

The flag carrier Air India has been forced to ground as many as 20 of its 127 fleet of aircraft, a senior official has said. The debt-ridden AI, surviving on public doles, needs at least Rs 1,500 crore to get new engines for these planes, and with has no funds coming in, these planes are unlikely to resume operations any soon, the official explained.
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