Privatised Air India Seeks $600M Bailout After Pakistani Airspace Closure

Air India, which was privatized in 2022 by one of the country’s largest and wealthiest companies, is now reportedly asking the Indian government for a bailout after the sudden closure of Pakistani airspace late last month. The Tata & Sons conglomerate estimates that the Pakistani airspace restrictions placed on Indian-registered planes could cost Air India… The post Privatised Air India Seeks $600M Bailout After Pakistani Airspace Closure appeared first on PYOK.

May 1, 2025 - 19:47
 0
Privatised Air India Seeks $600M Bailout After Pakistani Airspace Closure

Air India, which was privatized in 2022 by one of the country’s largest and wealthiest companies, is now reportedly asking the Indian government for a bailout after the sudden closure of Pakistani airspace late last month. The Tata & Sons conglomerate estimates that the Pakistani airspace restrictions placed on Indian-registered planes could cost Air India…

The post Privatised Air India Seeks $600M Bailout After Pakistani Airspace Closure appeared first on PYOK.