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Air India seeks US$1.5 billion from owners SIA, Tata as losses mount: Sources
The carrier wants immediate cash to support its multibillion-dollar overhaul after Air India and Air India Express posted combined losses of US$2.33 billion.
NEW DELHI: Air India is seeking about US$1.5 billion in fresh equity from its owners Tata Sons and Singapore Airlines (SIA), months after the second-largest Indian airline posted a record annu