Air India to finalise financing aircraft purchase by January

Air India will finalise the structure of financing for its Rs 30,000-crore 68 Boeing aircraft acquisition programme in consultation with the Ministry of Finance and Ministry of Civil Aviation by January.

The airline is examining two options for financing the aircraft acquisition.

The first would entail creation of a special purpose vehicle (SPV) that would purchase the aircraft and Air India and Air India Express would lease them from the SPV.

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