Airline executives said that the fund will be used to make lease payments to induct new Boeing 737 Max aircraft and clear outstanding statutory dues like the employee provident fund. “This will take care of the survivability question of the airline once and for all,” said an airline executive.
Volatile yen draws intervention watch, other currencies subdued
In response to last week’s notable drop, currency markets have been closely monitoring the yen. Reports suggest that Japanese officials are conducting rate checks, hinting