Air India has Rs 404 cr monthly cash flow shortfall

Union Minister of Civil Aviation Ajit Singh on Thursday expressed concern over the estimated monthly average cash flows of Air India for the October 2012-March 2013 period of the current financial year. The cash flow during the period shows a net shortfall of Rs 404 crore per month with inflows being at Rs 1,348 crore and outflows estimated at Rs 1,752 crore, said a Ministry statement after a review meeting.
The Minister reviewed in detail the functioning of Air India, including revenue

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