Page 111 - Air India

Govt to sell 100% stake in Air India; sets March 17 as deadline for bids

Ashwani Lohani said Air India does not have 'excess staff' and the retiring employees' medical benefits issue is being sorted out

Air India bidders to have access to all records of airline in initial stage

The government would soon be appointing a technical and a legal advisor for carrying out the due diligence.

Air India privatisation: Employee unions to meet in Delhi to discuss plan

There are around a dozen recognised trade unions at Air India

Govt announces plan to sell entire stake in Air India, sets terms for sale

March 17 is deadline for submissions of initial expressions of interest; any bidder would have to agree to assume roughly $3.26 billion in debt.

Top events today: Air India stake sale, Cong parliamentary meet, and more

Congress' strategy group will meet at interim chief Sonia Gandhi's residence here on Monday to discuss the party strategy in the session

Air India set to double its flights on Tel Aviv-New Delhi route from April

Sale of tickets for the additional flights is already enabled on the carrier's web site.

Hinduja and US-based Interups join race to acquire cash-strapped Air India

NY-based fund wants govt to include maintenance unit in deal

Coronavirus mayhem: Wuhan city locked down, business travel suspended

China has already ordered all travel agencies to suspend sales of domestic and international tours beginning Friday

Coronavirus: IndiGo, Air India waives cancellation fee in flights to China

Air India has only one direct flight to China and it runs on Delhi-Shanghai route

If I was not a minister today, would be bidding for Air India: Piyush Goyal

Air India has been in the red for long and the government is now in the process of finalising the contours for its disinvestment

Air India sets up panel to address privatisation-related issues of staff

The panel has been set up a day after discussions between Civil Aviation Minister Hardeep Singh Puri and representatives of various Air India unions

Air India unions may demand VRS in meeting with Hardeep Singh Puri today

The government is planning to float Expression of Interest (EoI) for selling its entire 100 per cent stake in the loss-making flag carrier some time next week.

Air India pilot found guilty of sexual harassment reinstated as instructor

According to a complaint filed by the woman pilot, the alleged incident took place on May 5 last year in Hyderabad, where she was being trained by Gupta.

Air India to cancel Indore-Dubai flight for 3 months from February

The national carrier operates from Indore a daily non-stop service to Dubai and back

Air India sale: Govt may issue EoI, share purchase agreement in 3-4 days

An official said 'a group of ministers, headed by Union home minister Amit Shah, had on January 7 approved the EoI and the SPA for the airline'

Cash-strapped Air India looks to cut loss, eyes premium flyers in 2020

Despite growth in revenue, Air India is witnessing a cash shortfall of around Rs 200 crore every month

Single GDS system, better aircraft utilisation help Air India cut expenses

The officials said that in 2020, single GDS system would help them save Rs 520 crore, operational profit from new flights will earn Rs 120 crore

Air India operations will continue uninterrupted, says aviation ministry

Air India has been facing a cash shortfall of over Rs 200 crore each month despite an increase in revenue

Air India hopes to secure additional slots at London Heathrow airport

With over 700,000 annual passengers and 21 per cent market share Air India is the largest carrier on India-United Kingdom routes

Budget 2020: Why govt must look beyond taxes, do more with its money

Though non-tax revenues, including borrowings, account for 40% of the Budget, there seems to be little focus on boosting these or reducing borrowings by saving on expenditure, writes T N Ninan