Jan, 31 2023
Is there any possibility of recovering the debts of Air India?
Air India is the national flag carrier airline of India and is currently facing a debt crisis. With the airline's total debt estimated to be around ₹59,000 crore, the government is exploring ways in which the debt can be recovered. Various strategies like asset monetization, debt restructuring, and strategic disinvestment are being considered. The government is also looking at raising funds by selling off non-core assets and properties.