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DHL signs security partnership with Air India20-NOV-09
DHL, world's leading logistics company announced today that its freight forwarding division DHL Global Forwarding has signed a security partnership with Air India-SATS, Bengaluru.
Air India to resume pay cut talks19-NOV-09
Air India is to again start the process of negotiations on productivity-linked incentives (PLI) in pay with the staff unions. Earlier meetings held to agree on an amount to cut from salaries have not yielded satisfactory results.
Airlines may get reprieve in expat pilot phase-out19-NOV-09
The year-old controversy over hiring expatriate pilots is likely to intensify, with the Directorate General of Civil Aviation (DGCA) considering an extension of the deadline for their phase-out.
Bird hits cause Rs 7 cr loss for airlines18-NOV-09
Cash-strapped airlines have been pounded on another front suffering a loss of at least Rs 7 crore this year on account of bird hits.
AI invites applications for corp comm chief18-NOV-09
"NACIL invites applications from eligible candidates for appointment to the post of chief of corporate communications of NACIL and its subsidiaries," an advertisement posted on the NACIL website said.
Air India to get Rs 400 cr in Jan18-NOV-09
National Aviation Company Ltd, which runs Air India, will receive a government grant in the form of equity infusion of Rs 400 crore by January.
First tranche of AI equity infusion likely by Dec: Patel14-NOV-09
Air India is likely to receive the first tranche of equity infusion by December, Civil Aviation Minister Praful Patel said today.
Air traffic grows 25%13-NOV-09
Domestic air traffic continued its growth momentum in October and witnessed a passenger growth of 25 per cent to 4 million from 3.2 million during the same period last year.
Govt asks AI to save Rs 2,000 cr by March13-NOV-09
The government will infuse equity into Air India by March, but only if the ailing state-run carrier manages to generate another Rs 2,000 crore by increasing revenue and cutting costs.
Domestic air traffic witnesses rise in October12-NOV-09
Domestic air traffic witnessed an increase of around 4.64 lakh passengers in October, according to official figures released today.
Air India posts net loss of Rs 5,548 crore12-NOV-09
Beleaguered national carrier Air India reported a post-tax loss of Rs 5,548.26 crore for the financial year 2008-09. The net loss came down from the Rs 7,200-crore loss the airline suffered in 2007-08. The airline’s load factor also dropped to 59.5 per cent from 63.8 per cent.
AI pays a month's incentives to staff11-NOV-09
Faced with a strike threat by its pilots, Air India today paid a month's incentives and allowances to its 30,000 employees as it prepares for a crucial meeting of its board tomorrow to decide on major cost-cutting initiatives.
AI board meets tomorrow; may scrap PLI to mgmt10-NOV-09
"The main agenda is adoption of accounts for the previous financial year," sources close to the development said. The meeting, to be held in Chennai, is also likely to discuss route and capacity rationalisation as part of the cost-cutting proposals.
Expat pilots, hiring firms account for 10% of AI salary bill09-NOV-09
Cash-strapped Air India has been spending around 10 per cent of the airline’s total salary bill to pay its team of over 160 foreign pilots and hiring companies.
AI shifting Gulf services to AI Express saves Rs 113 cr anually06-NOV-09
National carrier Air India shifting most of its Gulf-bound services to low-cost Air India Express has seen the airline saving an estimated Rs 113 crore per annum.
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