July 26, 2013
50 Crore Dollars
Air India has made a financing contract with Deutsche bank and Investec bank for getting 50 crore dollars. As per the national carrier, this money will be utilized for taking the delivery of 5 Boeing 787 dreamliner. Company has done it by utilizing bridge loan, which is generally used for getting a long term loan. Air India is expecting to repay the loan back in few years.