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Friday, 20 January 2017

Air India owed $110 million by Indian Government

Air India(AI, Mumbai Int'l) is owed INR7.5 billion (USD110 million) by the Indian Government for air services relating to defence and the transport of Very Very Important Persons (VVIPs), reports the Business Standard.

The outstanding payments are for services such as ferrying Prime Minister Narendra Modi and other senior ministers, as well as evacuation operations. Some of the bills have been unpaid since June 2014. The national airline uses two of its B747-400s for VVIP operations, which are put back into commercial service when not required by the state.
To Read the News in Full 13/01/17 ch-aviation
 Air India Boeing 747-400

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