Mumbai: To meet high demand and raise its market, national carrier Air India has earmarked ₹500 crore to get 19 of its grounded passenger jets back into operations.
Currently, the national passenger carrier has 19 aircraft grounded due to various reasons most prominent amongst them being expensive spare parts and engine overhauls.
However, an increase in demand due to the peak travel season along with industry’s capacity constraint has led the airline to earmark at least ₹500 crore for the grounded fleet.