Government To Service Payments For Air India’s Rs 7\,000-Crore Bond

Government To Service Payments For Air India’s Rs 7,000-Crore Bond
A technician works on the tarmac in front of a Boeing Co. 787-8 Dreamliner aircraft operated by Air India Ltd. on the second day of the Paris Air Show in Paris, France (Photographer: Balint Porneczi/Bloomberg)

Government To Service Payments For Air India’s Rs 7,000-Crore Bond

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The government will guarantee payments on a bond issue by a special purpose vehicle that holds nearly half of Air India Ltd.’s debt, two bankers aware of the development told BloombergQuint.Air Ind...