The government has sweetened the deal this time by offering 100% in the airline as well as reducing the debt of the company to about Rs 23,286 cr from Rs 62,000 cr. The debt left with the company are mainly on account of aircraft purchase, which are against govt guarantees but those guarantees will go once the airline is purchased by a new owner.
from Transportation-Industry-Economic Times https://ift.tt/36xoRl0
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