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Decision on infusing Rs 1200 crore equity in AI next month

Last Updated 20 October 2010, 06:57 IST

''We have moved a Cabinet note for infusion of Rs 1200 crore as equity (in Air India).  It should be approved next month," Patel said on the sidelines of a function here.

"Air India's overall turnover would be higher. The yields are already better and costs are going down," he said. "We can look at pumping another Rs 2000 crore later," he said.

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(Published 20 October 2010, 06:57 IST)

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