Tuesday, March 07, 2017

Air India to acquire four Boeing 787; seeks $470 mln short-term loan

National carrier Air India Ltd will be raising a short -term loan not exceeding $ 470 mln or Rs 3140 crore for nearly 15 months to finance (partly) the acquisition of four Boeing 787.

Air India intends to induct the four new aircrafts between July and October. As of now the current fleet of 118 planes of Air India include 23 Boeing aircraft.
07/03/17 IIFL