{"id":486699,"date":"2022-04-26T08:48:21","date_gmt":"2022-04-26T03:18:21","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=486699"},"modified":"2022-04-26T09:11:48","modified_gmt":"2022-04-26T03:41:48","slug":"air-india-takes-rs-60800-cr-cover-for-its-fleet-paid-rs-266-cr-premium-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/air-india-takes-rs-60800-cr-cover-for-its-fleet-paid-rs-266-cr-premium-2\/","title":{"rendered":"Air India takes Rs 60,800 cr cover for its fleet, paid Rs 266 cr premium"},"content":{"rendered":"<p>Air India, under its new Tata management, has taken a Rs 60,800 crore ($8 billion) cover by paying Rs 266 crore premium to a clutch of insurance companies, including Tata AIG General Insurance.<\/p>\n<p>The airline managed to get a better deal as it valued its fleet lower by almost $2 billion. The new management held extensive negotiations \u2013 both in India and London, to get a good deal considering the rising premiums due to the ongoing Russia-Ukraine war. As per the new policy, the airline will not be able to fly over Russian and Ukrainian airspace due to the conflict.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Air India, under its new Tata management, has taken a Rs 60,800 crore ($8 billion) cover by paying Rs 266 crore premium to a clutch of insurance companies, including Tata AIG General Insurance. The airline managed to get a better deal as it valued its fleet lower by almost $2 billion. The new management held extensive negotiations \u2013 both in India and London, to get a good deal considering the rising premiums due to the ongoing Russia-Ukraine war. As per the new policy, the airline will not be able to fly over Russian and Ukrainian airspace due to the conflict.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-486699","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/486699","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=486699"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/486699\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=486699"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=486699"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=486699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}