Air India arm gets $215-M loan from StanChart, BoI

Standard Chartered and Bank of India (BoI) lent USD 215 million to Gujarat Gift City-based Air India's aircraft leasing subsidiary, AI Fleet Services IFSC Ltd (AIFS).AIFS has entered into a seven-year amortising term loan facility for financing of six Boeing 777-300 ER aircraft. It will lease the aircraft to Air India.