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
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,
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
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
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
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
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
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
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,
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
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
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.
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
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
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
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
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
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
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
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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