Small savings fund gives Air India Rs 1,000 crore lifeline

Earlier this month, oil companies had threatened to discontinue jet fuel supply to domestic flights of AI Group airlines — AI, AI Express and Alliance Air — at 8 cities, including some state capitals like Chandigarh, Patna, Jaipur and Lucknow. This threat was warded off after the government gave the airline Rs 1,000 crore from the NSSF.

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