But the Air India official said, "Banks are favourably inclined and we have been able to tie-up financing to a substantial extent." "We have conveyed to the ministry of finance if they are not giving us the money, they should give us the guarantees," said a civil aviation ministry official. Air India's financial restructuring is aimed at its conversion of Rs 22,000 crore of high cost working capital debt of which the banks agreed for a conversion of Rs 10,500 crore to long term loans and the rest, Rs 7400 crore was to be returned to the banks through the bond sale. Falling in line with the projections of achieving turnaround and reaching milestones set to achieve operational efficiency, Air India turned EBITDA positive (Rs 65 crore) during FY2012/13. Its passenger numbers have gone up and it has now overtaken Jet Airways (not including its low cost subsidy, Jet Konnect) in market share, show government data released in August.