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8M 010261
& !eL Alrways alms Lo ralse up Lo $400 mln Lo cuL
debL
& Chalrman says hopeful Lo wln auLhorlLles
approval soon
& 1o sLarL Mllannew uelhl rouLe eyes oLher
Luropean markeLs
& 1he share sale Lo cuL debL LhaL currenLly
sLands aL around 137 bllllon rupees ($3
bllllon)
W Mllans Malpensa alrporL Lo new uelhl on uec 3
W !eL ls also looklng Lo operaLe a 8omeMumbal fllghL
ln 2011
W lrance Cermany and Lhe neLherlands ln Lhe
comlng years Coyal sald
W Lconomy growlng aL 83 percenL has llfLed demand
for alr Lravel ln lndla
W 1he alrllne has a 27 percenL markeL share ln Lhe
buoyanL lndlan Lravel markeL
W neL proflL of $28 mllllon ln Lhe second quarLer Lo
endSepLember from a loss of $843 mllllon a year
before
W 1o reduce lLs lnLeresL burden Lhe group has
reflnanced $400 mllllon debL lnLo dollar loans and
plans Lo converL debL for anoLher $300400 mllllon
ln Lhe comlng monLhs
1nANk Ou