Chennai: Air India is seeking approximately Rs 10,000 crore ($1.1 billion) in fresh financial support from its owners, Tata Sons and Singapore Airlines, as the airline struggles with the aftermath of the Ahmedabad air crash earlier this year, along with other operational and financial hurdles, Bloomberg reported on Friday.
The airline has reportedly approached both shareholders for additional funding based on their respective stakes; Tata Sons holds nearly 75% of Air India, while Singapore Airlines owns about 25%. The funding could take the form of equity or an interest-free loan, with discussions still in progress.
The financial math worsened after one of its Boeing 787 Dreamliner headed for London crashed immediately after take off from Ahmedabad on June 12, killing all but one on boar

 Vartha Bharati
 Vartha Bharati

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