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India To Infuse Air India With Additional US$113-Million

August 2, 2011 by flyingfish 1 Comment

A day after Star Alliance rejected Air India, following a three and a half year courtship, the Indian Government has announced it will inject INR5,000,000,000 (approx US$113,000,000) as equity in the financially failing airline. This equity cash stake in the government run airline will be paid out in two payments. This cash infusion follows…

Steven Frischling
Live: HVN
Work: JFK-SFO-CDG-HKG
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Fish has been covering aviation and transportation security issues since September 15, 2001, after walking away from Ground Zero in Lower Manhattan following four days of documenting the worst aviation security disaster in history.

Having spent more than a decade-and-a-half as a full-time photojournalist, Fish now divides his time between building social media and social commerce strategies and solutions for global travel brands, along with researching aviation and transportation security.

Growing up at the end up New York's JFK International Airport's Runway 4R/22L probably explains Fish’s enjoyment of watching planes fly overhead. When not working or shooting photos, Fish can be found playing with (and cleaning up after) his three kids, chasing his dogs, standing in the kitchen cooking, monitoring radios public safety and federal radios and of course cheering for the Red Sox.

You can find Fish on Twitter at @flyingwithfish …and … join Fish every Thursday at 3:30pm EST as he hosts the weekly #TNI #Travel Chat on Twitter.

Namo Narain Meena

India To Infuse Air India With Additional US$113-Million

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