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News 2026-09-30 04:17 UTC

Air India's 10,000cr Fundraise Plan Draws Cashflow Concerns

Sangita Mehta & Kala Vijayraghavan Mumbai: Air India is seeking about 10,000 crore in fresh loans from banks to fund fleet expansion, aircraft refurbishment and operating expenses, even as some lenders are reluctant to extend new credit to the loss-making airline due to limited visibility on its ca…