{"id":441286,"date":"2021-10-11T11:32:49","date_gmt":"2021-10-11T06:02:49","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=441286"},"modified":"2021-10-11T11:32:49","modified_gmt":"2021-10-11T06:02:49","slug":"tata-sons-will-now-have-to-put-in-lots-more-money-into-air-india","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tata-sons-will-now-have-to-put-in-lots-more-money-into-air-india\/","title":{"rendered":"Tata Sons will now have to put in lots more money into Air India"},"content":{"rendered":"<p>Tata Sons, which has taken over Air India with a Rs18,000 crore bid will have to spend more money&#8211; which could work out to nearly the same amount &#8212; to restructure the carrier.<\/p>\n<p>A TOI report says it has already invested Rs 6000 in its existing airline startups , AirAsia India and Vistara, and lost over Rs 9,000 crore till date. Air India, which has not made a profit in the last 14 years, will add to that burden.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tata Sons, which has taken over Air India with a Rs18,000 crore bid will have to spend more money&#8211; which could work out to nearly the same amount &#8212; to restructure the carrier. A TOI report says it has already invested Rs 6000 in its existing airline startups , AirAsia India and Vistara, and lost over Rs 9,000 crore till date. Air India, which has not made a profit in the last 14 years, will add to that burden.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-441286","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/441286","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=441286"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/441286\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=441286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=441286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=441286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}