WebJan 27, 2024 · New Delhi, Updated Jan 27, 2024, 8:28 PM IST. As of March 31, Air India has a total debt of Rs 58,283 crore. Bidders for cash-strapped Air India will need to absorb Rs 23,286.50 crore of its debt ... WebOct 8, 2024 · Air India's total debt stands at over Rs 60,000 crore and the government loses nearly Rs 20 crore every day. Tata Sons will pay Rs 2,700 crore in cash to the government …
Air India reports loss of Rs 5,422.6 crore in April-September
WebOct 17, 2024 · An Air India Airbus A320-200 aircraft takes off (REUTERS) As on August 31, Air India had a total debt of ₹ 61,562 crore. About 75 per cent of this debt or ₹ 46,262 … WebOct 9, 2024 · Pandey said that total debt of Air India as on August 31 was Rs 61,560 crore. ... the successful bidder didn’t have to absorb any predetermined debt. Air India has a net debt of around Rs 60,000 ... cheap buses from pretoria to port elizabeth
Government settles over Rs 61,000 crore Air India debt, other ...
WebFeb 3, 2024 · The total debt stands at Rs 38,366.39 crore after transfer of debt amounting to Rs 22,064 crore to the special purpose vehicle called Air India Assets Holding Ltd in FY20 , the Civil Aviation Ministry told Rajya Sabha. The total debt of national carrier Air India as per provisional figures of 2024-20 (Apr-Mar) stands at Rs 38,366.39 crore. Web23 hours ago · In February, ET had reported that Air India had renewed Rs 18,000 crore worth of one-year facilities with State Bank of India (SBI) and Bank of Baroda (BoB). Those loans were a continuation of the debt facility availed by the company after the completion of the Tata Group's takeover of the national carrier in January 2024. WebJan 27, 2024 · The government has settled over Rs 61,000 crore of Air India's legacy debt and other liabilities that were left in AIAHL -- the company holding residual assets and … cute target purses for teenagers crossbody