Major Capital Injection Bolsters Air India's Transformation Amidst Tragedy ...Middle East

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Major Capital Injection Bolsters Air Indias Transformation Amidst Tragedy
source : Devdiscourse ( Middle East ) () 33
In a significant financial move, Tata Sons and Singapore Airlines have infused Rs 9,558 crore into Air India for the 2024-25 financial year. This investment comes alongside a strategic merger with Vistara, consolidating Air India's position in the aviation market. While the capital is intended for the airline's capital and operational growth, it also highlights the company's ambitious five-year transformation plan.

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