New Delhi: The Delhi High Court today declined to direct the National Aviation Company of India Ltd (NACIL) to stop payment for purchase of 47 new aircraft as a part of aircraft acquisition programme on the ground that state-owned Air India and Indian Airlines were facing huge financial losses since 2006.
A Division Bench of Acting Chief Justice Madan B Lokur and Justice Mukta Gupta dismissed an application seeking a stay on the payment for......
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