Air India's Board has approved a plan to monetise 5,000 crore rupees over 10 years to support its Financial Restructuring Plan. The decision to this effect was taken at the Board's meeting held in New Delhi yesterday.

In its statement, Air India said that it is considering appointing top real estate consultants with wide experience in operating in India and abroad to help monetise its assets, spread all across the country and abroad. It plans to make the appointment by the end of June.