Carrier will use the money to clear dues of oil marketing companies, which had stopped supplies to it, leading to cancellation of flights.
The CoS, headed by Cabinet Secretary K M Chandrasekhar, has also decided to set up a committee overseen by additional secretary, expenditure, Vilasini Ramachandran, and key finance ministry officials who have been asked to work out a financial package.
The Kerala High Court on Tuesday refused to accept a plea for a Central Bureau of Investigation probe into the murder of the scion of Kerala-based Muthoot group Paul George even as two persons wanted in connection with the case surrendered before a court.
He is accused of multi-year visa fraud, involving forged and fraudulent documents to get visas such as H1B for over 200 foreign workers.