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Air India Closes in on $1.1 Billion Financial Aid From Owners

Air India Ltd. is close to securing 100 billion rupees ($1.1 billion) in financial aid from its owners Tata Sons Pvt. and Singapore Airlines Ltd., according to people familiar with the matter, as the carrier grapples with the fallout from a turbulent year.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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