The Tata Group is eyeing more capital infusion for Air India in the form of loans as they look to run the airline efficiently and iron out its issues. The airline’s new owners have ambitious plans for the next five years, which includes fleet and network development, digitization of various processes, and aircraft refurbishment, among others. The new loans will be on top of the billions the Tata Group raised for Air India’s purchase last year.
Read More Here: Air India Could Get $1.8 Billion Working Capital Loans | SimpleFlying.com
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