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Air India spends generously, hires expensive publicist ahead of sell-off (IANS Exclusive)

Air India spends generously, hires expensive publicist ahead of sell-off (IANS Exclusive)

🕔18:41, 29.Oct 2019

New Delhi, Oct 29  Months before its proposed sell-off, loss-laden Air India’s certain expenses have caught the attention of vigilant insiders. Among the financial decisions under question are upgrading the flight dispatch section at the IGI Airport in Delhi and

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Secretaries’ group to meet on Monday, discuss Air India EoI

Secretaries’ group to meet on Monday, discuss Air India EoI

🕔06:50, 28.Oct 2019

New Delhi, Oct 28  The core group of secretaries on disinvestment is likely to meet on Monday and take up the Air India expression of interest (EOI). It will be the group’s second meeting this month. At the earlier meeting,

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Issues with oil companies to be resolved early: Air India

Issues with oil companies to be resolved early: Air India

🕔06:51, 14.Oct 2019

New Delhi, Oct 14  Air India on Sunday said that the issues regarding aviation fuel payments are being sorted out with the state-run oil companies and they would be resolved early. The statement comes days after oil PSUs (public sector

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Sale-bound Air India subsidiary gets nod for foreign flights

Sale-bound Air India subsidiary gets nod for foreign flights

🕔11:04, 11.Oct 2019

New Delhi, Oct 11  The Civil Aviation Ministry has approved Alliance Air plan to launch foreign operations by starting flights to Sri Lanka even as the airline’s parent Air India remains on top of the government’s disinvestment agenda. The move

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Air India may raise loans against Rs 2,500 cr GoI guarantee

Air India may raise loans against Rs 2,500 cr GoI guarantee

🕔09:36, 10.Oct 2019

New Delhi, Oct 10  State-run Air India hopes to meet its fund requirements by raising loans against the government guarantee for Rs 2,500 crore and run its business smoothly till the sale process concludes. “We have not decided on further

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Key GoM meet on Air India to take up 10 major disinvestment issues

Key GoM meet on Air India to take up 10 major disinvestment issues

🕔16:17, 18.Sep 2019

New Delhi, Sep 18  A Home Minister Amit Shah-led ministerial panel will discuss as many as 10 major issues, including further dilution of FDI rules, transfer of debt to the SPV and fixing reserve price as it holds its first

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Air India faces fuel supply cut, flights to get hit

Air India faces fuel supply cut, flights to get hit

🕔13:06, 1.Sep 2019

New Delhi,Sept 01  Air India might end up cancelling several flights after September 6 as the state-owned fuel retailers have threatened to cut off supplies to the cash-strapped national carrier at Hyderabad and Raipur. “Several flights are operated out of

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Govt determined to privatise Air India : Puri

Govt determined to privatise Air India : Puri

🕔18:49, 29.Aug 2019

New Delhi, Aug 29 (IANS) Union Minister for Civil Aviation Hardeep Singh Puri on Thursday said that the government is determined to privatise flag carrier Air India. Puri said the first meeting of the alternative mechanism set up for Air India

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Fuel supply to Air India stopped at 6 airports

Fuel supply to Air India stopped at 6 airports

🕔19:48, 22.Aug 2019

New Delhi, Aug 22  State-owned oil marketing companies (OMCs) on Thursday evening stopped fuel supply to national carrier Air India at six airports, following non-payment of dues. The OMCs, led by IndianOil, have stopped jet fuel supply at the Ranchi,

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Air India to get grounded aircraft airborne by October

Air India to get grounded aircraft airborne by October

🕔21:19, 15.Aug 2019

New Delhi/Mumbai, Aug 15  As Air India plans to commence flight operations to Africa and Canada, the flag carrier is hopeful that all 19 of its grounded aircraft will rejoin the fleet by October. Accordingly, the airline’s engineering department has

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Govt tells Air India to freeze all appointments, promotions

Govt tells Air India to freeze all appointments, promotions

🕔17:24, 21.Jul 2019

New Delhi, July 21  In the wake of its proposed privatization, the government has asked Air India to put a freeze on large-scale promotion and appointments. A new flights has to be started only when it is extremely necessary and

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Disinvestment, yes, but Air India will be in Indian hands

Disinvestment, yes, but Air India will be in Indian hands

🕔17:30, 11.Jul 2019

New Delhi, July 11  Civil Aviation Minister Hardeep Singh Puri on Thursday said the government was committed to “strategic disinvestment” of Air India due to “unsustainable debt burden” but promised that the national carrier will remain with an Indian entity.

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Air India seeks nod for Rs 2,400 crore loan from NSSF

Air India seeks nod for Rs 2,400 crore loan from NSSF

🕔15:42, 29.May 2019

New India, May 29  Disinvestment-bound Air India has sought the government’s approval to borrow Rs 2,400 crore from National Small Savings Fund (NSSF), a pool of small savings from households, to meet its working capital requirements. The airline, which has

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Air India’s March EoI move got no response: DIPAM

Air India’s March EoI move got no response: DIPAM

🕔07:08, 15.May 2019

New Delhi, May 15  The government may be keen on divesting its stake in Air India and its subsidiaries in the current financial year (FY20), but the expressions of interest (EoIs) sought for the carrier towards the end of FY19

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Air India offers 40 per cent discount on ‘tatkal’ air tickets

Air India offers 40 per cent discount on ‘tatkal’ air tickets

🕔07:33, 11.May 2019

New Delhi, May 11  State-run Air India has decided to offer a 40 per cent discount on ‘tatkal’ air tickets on domestic routes. The move is set to help flyers get reasonably-priced tickets for emergency travel. Airlines generally sell last-minute

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Air India goofs, sends funds to Nigeria instead of US firm

Air India goofs, sends funds to Nigeria instead of US firm

🕔07:07, 7.May 2019

New Delhi, May 7  Public sector Air India’s New York office transferred $300,000 to a bank account in Nigeria instead of remitting the sum to a US-based firm Pratt & Whitney for supplying spare parts. The incident is learnt to

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Air India won’t take B777s from Jet

Air India won’t take B777s from Jet

🕔12:49, 6.May 2019

New Delhi, May 6  State-run Air India has decided not to pursue its plan to take B777s from grounded Jet Airways as it has found it commercially unviable given their huge maintenance requirement. “The engineering unit has done the work

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Air India earmarks Rs 500 crore to get grounded aircraft operational

Air India earmarks Rs 500 crore to get grounded aircraft operational

🕔18:37, 5.May 2019

Mumbai, May 5  To meet high demand and raise its market, national carrier Air India has earmarked Rs 500 crore to get 19 of its grounded passenger jets back into operations. Currently, the national passenger carrier has 19 aircraft grounded

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Air India operations to normalise by Saturday night

Air India operations to normalise by Saturday night

🕔16:00, 27.Apr 2019

New Delhi/Mumbai, April 27  National carrier Air India expects operations to normalise by Saturday night after its flights were delayed due to a software glitch which hindered essential services like check-in, baggage handling and boarding. Accordingly, 155 flights of the

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Air India takeover of Jet will ensure lucrative routes

Air India takeover of Jet will ensure lucrative routes

🕔06:37, 20.Apr 2019

Chennai, April 20  Government-owned Air India can take over Jet Airways and get back the lucrative international/domestic routes if there are no white knight for the private airline, said a top All India Bank Employees’ Association (AIBEA) leader. “The government-owned

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