Giving a major boost to cash- strapped Air India, Government announced a turnaround package with a Rs.30,000 crore equity infusion over a nine- year period and induction of 27 Boeing 787 Dreamliners.
In another development, the government also approved a proposal to hive off Air India's MRO (Maintenance, Repair and Overhaul) business and its Engineering Services as two wholly-owned subsidiaries, placing about 19,000 of around 28,000 total employees with them.
In another development, the government also approved a proposal to hive off Air India's MRO (Maintenance, Repair and Overhaul) business and its Engineering Services as two wholly-owned subsidiaries, placing about 19,000 of around 28,000 total employees with them.
No comments:
Post a Comment