The government would take a final decision of the support package sought by Air India in 10 days’ time, news agency Reuters quoted an unnamed aviation official as saying.
The agency added, quoting the same source, that a decision on relief package for other airlines was still under discussion.
Earlier, the finance ministry was reported to have turned down Air India’s Rs 300-billion fund-infusion proposal in the absence of a clear turnaround plan. The civil aviation ministry had sought this package to wipe out the debt obligation of the state-owned airline, which was defaulting on salary disbursements and payments to vendors.
The airline