Air India is seeking funds for the modernization of systems and the development of engineering departments, in the context of major financial difficulties.
Lara Maior
Current Affairs
Historic Images / Alamy / Profimedia
Always see our news on Google
Air India has requested financial support to modernize its systems and services, as well as to develop its own engineering and maintenance departments, considering the financial difficulties it faces. The company, 74.9% owned by Tata Group and the rest by Singapore Airlines, will receive financial assistance proportional to the share of each shareholder. It has not yet been decided whether the support will be offered in the form of an interest-free loan or equity. The funds will allow Air India to build hangars at key airports and improve airport services. The company's difficulties have worsened after the tragedy on June 12, when a Boeing 787 Dreamliner crashed during takeoff from Ahmedabad, resulting in the deaths of 260 people.
Sources
Latest News
13:30
The EU is sending 13 planes, four helicopters, and 134 firefighters for the fires in France and Spain.
13:23
Iran has announced the interception of six ships attempting to cross the Strait of Hormuz.
13:14
Yellow code for unstable weather and intensification of the wind, valid until Tuesday evening in several areas of the country.
13:10
Alexandru Rogobete states that infant mortality in Romania is the result of a lack of human resources, despite investments in equipment and infrastructure.
13:07
CFR Călători announces that several trains from Bucharest North - Henri Coandă Airport are canceled on the night of July 30 to 31.
See more news
NEWS ON THE SAME TOPICS
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
