Air India Closes in on $1.1 Billion Financial Aid From Owners
Air India Ltd. is close to securing 100 billion rupees ($1.1 billion) in financial aid from its owners Tata Sons Pvt. and Singapore Airlines Ltd., according to people familiar with the matter, as the carrier grapples with the fallout from a turbulent year.

<p>Air India Ltd. is close to securing 100 billion rupees ($1.1 billion) in financial aid from its owners Tata Sons Pvt. and Singapore Airlines Ltd., according to people familiar with the matter, as the carrier grapples with the fallout from a turbulent year.</p>