Air India unable to pay for engines | Australian Frequent Flyer
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Air India unable to pay for engines

Quickstatus

Senior Member
Joined
Oct 13, 2013
Messages
8,336
Debt ridden AI is unable to pay for new engines for approx 16% of its fleet. Hence those affected aircraft are grounded.

2017-2018 AI P&L = approx annual loss USD 750mil

And their cashflow also looks bad
 
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