06-05-2009, 10:54 PM
<b>Air India wants Rs 14,000 cr bailout</b><!--QuoteBegin-->QUOTE<!--QuoteEBegin-->New Delhi The Rs 15,000 crore Maharaja has sought a bailout package of Rs 14,000 crore from the government as Air India is likely to post a loss of around Rs 5,000 crore in 2008-09. The bailout amount has bloated by 250 per cent from what Air India demanded last year.
In a revised bailout proposal, the national carrier has asked for an equity infusion of around Rs 5,000 crore and a soft loan of Rs 7,000 crore. In addition, it has also demanded Rs 2,000 crore as grant from the government.
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They should announce junk sale of Air India. Complete junk Airlines run by Babus.
In a revised bailout proposal, the national carrier has asked for an equity infusion of around Rs 5,000 crore and a soft loan of Rs 7,000 crore. In addition, it has also demanded Rs 2,000 crore as grant from the government.
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They should announce junk sale of Air India. Complete junk Airlines run by Babus.