Why, and How, India Plans to Help Cash-Strapped Air Mauritius

Why, and how, India plans to help cash-strapped Air Mauritius

Mauritius holds strategic importance for India due to its geographic position along key maritime routes in the Western Indian Ocean Region. Moreover, geopolitical interest in Mauritius has grown amid intensifying competition with China

India urges Airlines to back Air Mauritius - TravelBiz Monitor: India travel news, travel trends, tourism

The Indian government has encouraged domestic airlines to explore a strategic investment in Air Mauritius, the national carrier of the island nation currently facing a deep financial crisis. Sources familiar with the matter revealed that this suggestion aims to aid the struggling airline, which has reported a negative equity of USD 237 million (approximately INR 2,035 crore). Air Mauritius, once a strong regional player, has been grappling with …