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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
Published Fri, Aug 28, 2015 · 09:50 PM
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Mumbai
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 interbank offered r…
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