Government approves plan to save Air India
14 April 2012The Indian government has approved a debt restructuring plan to save Air India, the country’s national airline.
Civil Aviation Minister Ajit Singh said 30bn rupees ($5.9bn; £3.7bn) would be injected into the airline by 2020.
But there will be many checks and targets that the company will need to achieve, the minister said.
source: BBC.co.uk