Advertisement
New Delhi: Air India is looking to raise loans worth $535 million to finance acquisition of three Boeing planes, including two aircraft that will be used for ferrying VVIPs, a senior airline official said.
An Air India spokesperson confirmed the report that the two aircraft will be used for VVIP travel.
However, the disinvestment-bound carrier has reduced the required loan amount by around $20 million in less than three weeks after floating a tender where it had sought loan up to $555 million for buying the three aircraft.
Gold Rate
15 dec 2025
Gold 24 KT
₹ 1,32,900 /-
Gold 22 KT
₹ 1,23,600 /-
Silver/Kg
₹ 1,92,100/-
Platinum
₹ 60,000/-
Recommended rate for Nagpur sarafa Making charges minimum 13% and above
The delivery of three B777-300 ER planes is scheduled to be completed in February next year, with two expected to be bought in January.
Advertisement
Advertisement
