The government is likely to infuse additional equity into ailing Air India, which has evolved a major revamp plan to cut costs by 3,000 crore rupees and increasing revenue by 2,000 crore rupees every year. This was disclosed by Civil Aviation Minister Praful Patel while talking to reporters in New Delhi today after holding separate meetings with Air India employees unions and the management. He said, a draft note on equity infusion in Air India, prepared by the civil aviation ministry, is being sent to Cabinet Committee on Economic Affairs (CCEA). Mr. Patel said, a series of measures to cut costs and enhance revenues would include returning leased planes and leasing out some new ones. He said, Air India, which is faced with losses estimated at over 7,200 crore rupees has undertaken a major revamp plan parts of which have already come into effect.