New Delhi: The finance ministry has decided to slash targeted Budget plan outlay for Air India by around 40 per cent owing the delay in the deliveries of Boeing 787 Dreamliners to the public sector airlines. Nevertheless, the investment plan for the Airports Authority of India (AAI) has gone up by around 72 per cent from Rs 1,961.41 crore for the current fiscal to Rs 3,377.10 crore estimated for next year which will fund the modernisation of the Kolkata and Chennai airports among others. In 2008-09, the National Aviation Company of India Ltd (NACIL), the government-owned company formed after the merger of Air India and Indian Airlines, was supposed to raise Rs 9,572.42 crore from internal resources and external commercial borrowings. However, with the deliveries of the Boeing Dreamliners getting delayed for this year Rs 3,785.94 crore was deducted from the investment outlay plan. In 2008-09, the investment plan is now being pegged at Rs 5,786.48 crore.
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