Air India books bad; business as usual won’t help: Aviation Minister Ashok Gajapathi Raju

Civil Aviation Minister Ashok Gajapathi Raju today said Air India’s books are “bad”, and “business as usual” is not going to help it, but the Government wants the airline to survive. AI is grappling with “legacy” issues, he added. The minister’s remarks came against the backdrop of Air India Chairman and Managing Director Ashwani Lohani stating in a Facebook post earlier this week that the massive debt on Air India’s books is the root-cause of all its woes. Read More…



Credit By: Financial Express

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