Air India refutes reports of airline being on the verge of collapse

Allaying fears among growing number of Israelis using Air India flights to Delhi, India’s national carrier has rubbished as “baseless” the claims in certain sections of the Israeli media that it is on the verge of bankruptcy.

Some Israeli media outlets recently reported that Air India was trapped in huge debt running over a billion and may collapse soon. They also advised Israeli passengers, who have booked their tickets of the Indian carrier, to take necessary steps to recover their tickets of the Indian carrier, to take necessary steps to recover their money.

“Air India (AI) strongly refutes the canards being spread by a section of the media in Israel and a few web/online portals about the airline being on the verge of collapse.   Read More

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