'No evidence of wrongdoing': CBI closes UPA-era Air India aircraft leasing
The CBI has filed a closure report in its probe into alleged irregularities in aircraft leasing by NACIL, formed by the Air India-Indian Airlines merger, citing no evidence of wrongdoing. The investigation, initiated in 2017, found no irregularities. Other cases related to Air India's alleged irregularities, including seat-sharing with private airlines, are ongoing. The special court will decide whether to accept the report or order further investigation. The case involves leasing aircraft despite low load factors, resulting in losses to Air India and gains for private entities.