Air India likely to fly into further losses if govt’s share sale fails to take off: CAPA1 min read . Updated: 05 May 2018, 07:15 PM IST
Failure to divest Air India could see the state-owned airline shut down unless the government pumps in taxpayers' money into the airline, CAPA says
Mumbai: Air India Ltd is set to report an estimated loss of $1.5-2 billion (Rs10,035-13,380 crore) for fiscal years 2019 and 2020, if the divestment of the national carrier fails to take off, aviation consultancy CAPA (Centre for Aviation) India said on Friday on its Twitter feed.
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