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How much debt does Air India have?

Asked on 09-01-2019 by Aadhya Malhotra

Answered by NewsBytes

Air India had a total debt of Rs. 55,000cr. However, in November 2018, the government approved plans to transfer Rs. 29,000cr of Air India's debt to a special purpose vehicle (SPV) - Air India Asset Holding Company.

How big is Air India's fleet?

Asked on 09-01-2019 by Paridhi Rangan

Answered by NewsBytes

As of August 2018, Air India had 49 wide body aircraft and 76 narrow body aircraft. Meanwhile, Air India subsidiaries Air India Express and Alliance Air have 23 and 15 aircraft respectively, bring Air India's total fleet strength to 163 aircraft.

Who will buy Air India?

Asked on 09-01-2019 by Vivaan Bose

Answered by NewsBytes

Earlier, IndiGo and Vistara (a joint venture between Tata and Singapore Airlines) had expressed interest in Air India's sale. However, it is not known who could be interested in buying Air India now.

How many destinations does Air India fly to?

Asked on 09-01-2019 by Sai Nair

Answered by NewsBytes

As of March 2018, Air India serviced 94 destinations across 28 countries, with 54 of those being domestic destinations, and 40 being international destinations.

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