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Air India were nationalised by Nehru in 1953
Since it's merger with Indian Airlines in 2007-08,Air India never made profit
Accumulated losses at Rs70820Cr till Aug2021,showcase how #AirIndia was bled for decades by corrupt Congress
@narendramodi finally did what had to be done
Since it's merger with Indian Airlines in 2007-08,Air India never made profit
Accumulated losses at Rs70820Cr till Aug2021,showcase how #AirIndia was bled for decades by corrupt Congress
@narendramodi finally did what had to be done
As on Aug 31,2021,Air India had total debt of Rs 61562Cr
About 75% of the debt has been transferred to a SPV,#AIAHL,before handing over airline to Tata Group
Indian taxpayers will no longer have to pay Rs 20Cr per day,to keep loss making #AirIndia flying,thx to @narendramodi
About 75% of the debt has been transferred to a SPV,#AIAHL,before handing over airline to Tata Group
Indian taxpayers will no longer have to pay Rs 20Cr per day,to keep loss making #AirIndia flying,thx to @narendramodi
Congress expectedly attacked the decision,as selling of family silver
What Tata is getting is not a cash cow but an airline which is bleeding &money needs to be pumped in to refurbish obsolete aircraft
No employee to be sacked for 1yr &resizing of staff only after paying VRS
What Tata is getting is not a cash cow but an airline which is bleeding &money needs to be pumped in to refurbish obsolete aircraft
No employee to be sacked for 1yr &resizing of staff only after paying VRS
