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India is going to rescue its airlines. Companies will purchase oil directly
Delhi, India - Oil market expenditures are going to be bypassed, also looking to potential international investors
The safety measure to rescue Air India future is going to be discussed by Government. The measure, directed to rescue five of the six Indian Airlines, is pointing above all to lower fuel import costs, real thorn in airline companies flesh as it is for car drivers. Ministers in Delhi, leaded by Financial Minister Pranhab Mukherjee, declared that airline companies will buy fuel directly, avoiding...
AVIONEWS - World Aeronautical Press Agency