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The Hindu
The Hindu
National
PTI

Government to make ₹300 crore equity infusion in Alliance Air

Alliance Air Air India

The government is set to make an equity infusion of ₹300 crore in regional carrier Alliance Air, which is facing financial headwinds, according to a senior official. 

Alliance Air, earlier part of Air India, is now owned by AI Assets Holding Ltd (AIAHL), a special-purpose vehicle formed by the Central Government. 

The disinvestment-bound Alliance Air operates around 130 flights daily. In recent months, there have been instances of strikes by pilots to protest against non-restoration of salaries to the pre-Covid level and non-payment of allowance, among other issues. 

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