New Delhi: Loss making state carrier Air India has total outstanding loans of Rs 432 billion ($9.5 billion), figures presented by Civil Aviation Minister Vayalar Ravi to parliament showed.
The airline had working capital loans of Rs 212 billion, and long-term loan of 220 billion on fleet acquisition, Ravi said in a written response. Additionally, Air India has vendor dues of Rs 46 billion.
18/08/11 Reuters/Economic Times
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