08-Dec-2010 10:22 AM
Government considers Air India equity infusion as losses continue to flow, debt remains high
Analysis
Air India, India's state-owned national carrier, is continuing to struggle to cope with continued and significant losses and accumulated high debt levels as it seeks another government equity infusion. Air India is facing pressure to turn around its operations not only from within but from Star Alliance, with formal entry into the alliance dependent on achieving certain membership requirements which Air India has been slow to meet.
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