Air India grappling with unsustainable debt: Suresh Prabhu

Loss-making Air India is estimated to have a debt burden of more than Rs 48,000 crore and the government's efforts for strategic disinvestment of the carrier failed in May. "Air India is very clearly a legacy issue. Air India's debt is unsustainable. Forget Air India, nobody can handle that debt. For any airline to service that debt is not possible," Suresh Prabhu said.

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