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Air India still weak despite US$4.5b bailout

It pays more than the average rate on a US$300m 5-year loan in August

LIKE A BAD DREAM: Air India's share in the local market has shrunk to about 16 per cent from 35 per cent a decade back


A US$4.5 billion taxpayer-funded bailout in 2012 and the delivery of Boeing Co Dreamliners haven't helped Air India Ltd elevate its third-place national ranking. Its bankers are showing they aren't impressed.

The national airline paid 180 basis points more than the London