Air India extends $500-mn bridge financing offer deadline

With lenders not showing much interest, the national carrier, Air India has extended its $500-million bridge financing offer by one week to July 12.

Air India is planning to raise the money to pay for the five Dreamliners, which are to be delivered beginning this month through December.

The airline had extended the last date to July 12 from July 5, according to AI sources.

Full report here Business Standard


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