15-Oct-2009 12:10 PM

Large capital injection for Air India, Jet Airways promoters diluting equity

Analysis

India's Minister for Civil Aviation, Praful Patel, stated the Indian Government would help keep the ailing national carrier, Air India, operational and put it on the path to recovery, with a planned USD1.1 billion phased equity infusion into the carrier.

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Large capital injection for Air India, Jet Airways promoters diluting equity

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