India's Government is reportedly considering plans to transfer additional Air India working capital debt to Air India Assets Holding Ltd (AIAHL), with the aim of facilitating the divestment process (Times of India/Economic Times, 09-Oct-2019). As previously reported by CAPA, the government plans to transfer INR294.6 billion (USD4.1 billion) of Air India's working capital debt to AIAHL.
Indian Government may transfer additional Air India debt to AIAHL
10 October, 2019