The government is contemplating deferring the future aircraft delivery in the backdrop of mounting losses of Rs 7,200 crore of Air India.
“....An equity infusion and soft loan by the government as a measure of softening the adverse financial situation (of Air India) is contemplated,” Civil Aviation Minister Praful Patel told the Rajya Sabha.
Responding to a Calling Attention Motion on Air India, Patel said A-I has adopted various measures to improve its financial position.
These included rescheduling/cancellation of future aircraft delivery, rationalisation of routes, manpower and incentives of employees he said.
