Air India planning to boost revenues by wooing high-paying passengers
Business - 11 hr, 53 min ago
With an aim to boost revenues, Air India is planning to revamp first class and business class cabins on international flights and woo high-paying passengers. Air India has accrued a debt of $7 billion, and plans for a 76% stake sale had to be shelved due to lack of interest from bidders. The changes may allow Air India to make an additional $147 million every year.