India Government to infuse USD330m into Air India by the end of FY2018/2019

    India‘s Government reportedly plans to infuse INR23.5 billion (USD330.4 million) into Air India by the end of FY2018/2019 (Live Mint/Money Control, 30-Jan-2019). The measure is aimed at reviving Air India in preparation for the divestment of the majority of the government’s stake in the airline.