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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.
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.
Air India readies schedule to reduce fleet27-OCT-09
To bring down its aircraft strength of 133 to 95, National Aviation Company Ltd (Nacil), which runs Air India, has worked out a combination of leasing, selling and phasing out of its existing fleet.
Nacil to cut incentives bill 70%23-OCT-09
National Aviation Company Ltd (Nacil), which runs Air India, aims at reducing its Productivity-Linked Incentive (PLI) payments in the remaining period of this financial year by 70 per cent, from Rs 650 crore to Rs 191 crore. The airline has 30,505 employees and the wage bill is of over Rs 3,100 crore.
Govt to infuse Rs 5,000 crore in AI15-OCT-09
The government of India is planning to infuse Rs 5,000 crore into its loss-making airline, Air India, in a phased manner, Union Minister of Civil Aviation Praful Patel said in a press meet here today.
AI panel to meet unions next week02-OCT-09
A newly-formed official committee to look into the problems of Air India employees would begin meetings with at least 14 unions representing a cross-section of staffers including pilots from next week.
Newsmaker: V K Bhalla02-OCT-09
The former Indian Airlines pilot won a good deal for colleagues protesting a pay cut; but others question whether the victory was good for the airline.
Govt to take up Air India equity infusion: Patel16-SEP-09
The government will consider the issue of infusing equity into ailing Air India shortly, Civil Aviation Minister Praful Patel said today.
Nacil manages to control insurance cost29-AUG-09
Reliance General Insurance-led consortium bags the mandate for $24.3 million.
Air India to pay August salaries on time26-AUG-09
In an effort to placate the unions, the management of National Aviation Company Ltd (Nacil), which runs state-owned airline Air India, has decided to pay employees their August salaries on time.
Technicians Assn oppose NACIL's move to reduce PLI21-AUG-09
A day after the NACIL management announced a 50 per cent cut in productivity-linked incentive (PLI), a section of its technical staff today said the move was not acceptable to them.
On a wing and a prayer10-AUG-09
Air India’s impecunious Maharaja is now going to offer low-cost hospitality. The airline’s chief executive, Arvind Jadhav, has articulated one of the most sweeping turnaround plans that India’s national carrier has ever formulated. But if the Maharaja’s wan smile lacks cheer, it’s because the eight-step path charted by the National Aviation Co of India Ltd (Nacil) is virtually impossible to implement. Though he is barely three months into his job, Mr Jadhav knows this as much as anybody else. That explains his statement that the “painful exercise is going to hurt a lot of people”. The question is whether any of Air India’s 31,500 employees is willing to share that pain. Mr Jadhav is silent on that aspect—which is why what he has spelt out looks like more wish than plan.
National carriers fare badly in terms of punctuality05-AUG-09
National carriers stood second-last among eight of the scheduled domestic airlines in percentage terms of on-time performance in departures during 2008, government said today.
Govt asks FinMin, PetroMin to lend support to AI25-JUL-09
Extending a helping hand to Air India, the government today asked the Finance Ministry to critically examine the "extent of assistance" to be given to the national carrier and the Petroleum Ministry to extend the credit limit initially for three months.
Rs 5,000 cr loss expected for NACIL last fiscal: Patel07-JUL-09
The National Aviation Company of India (NACIL), which runs flag carrier Air India, is expected to register a loss of about Rs 5,000 crore during 2008-09 fiscal, Rajya Sabha was informed today.
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