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Air India Owes USD 500m to Oil Companies

  • Cash-strapped Air India has outstanding dues of Rs 2500 crore to oil marketing companies and owes about Rs 1200 crore to airports, Chairman Rohit Nandan told reporters on Wednesday.It will make these payment after the government injects funds into the state-owned carrier, Nandan said.Air India expects to get delivery of seven Boeing Dreamliners in the fiscal year 2013 that starts in April, he added.

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