Air India unable to pay for engines

Thread starter Quickstatus
Start date May 4, 2019

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Quickstatus

Enthusiast

May 4, 2019

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

Last edited: May 4, 2019

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