Varun Sharma

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AI gets loan to buy 3 aircraft

May 11: Air-India has got a $475 million bridge loan from Standard Chartered Bank to fund the acquisition of three Boeing 777 aircraft, a company official said on Tuesday.
“Of the three aircraft, one has already been delivered on Apr 30 and the other two will be delivered in June and July,” he said.

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.