Air India debt touches Rs 43,777 cr

PTI Updated - March 12, 2018 at 12:38 PM.

A file photo of Air India Express

The total debt of cash-strapped Air India, consisting of aircraft and working capital loans, is Rs 43,777 crore and the Government has infused Rs 3,200 crore equity to help the airline, the Civil Aviation Minister, Mr Vayalar Ravi, said today.

“The total debt of Air India, consisting of aircraft loans and working capital bank loan aggregates Rs 43,777.01 crore. The working capital loan is Rs 21,511.10 crore while the aircraft loan is Rs 21,412.06 crore,” Mr Ravi informed the Rajya Sabha.

Apart from it, the beleaguered national carrier owes Rs 3,777 crore to, among others, airport operators and oil marketing companies.

Published on November 24, 2011 16:35