No airline can service Air India's debt: Suresh Prabhu
Aviation Minister Suresh Prabhu has said that it's not possible for any airline to service Air India's debt. "Air India is very clearly a legacy issue. Air India's debt is unsustainable. Forget Air India, nobody can handle that debt," Prabhu added. The government is planning to transfer Air India's non-core assets and "unsustainable debt" to a Special Purpose Vehicle.