Page 114 - Air India

Government considers easing foreign control rule to aid Air India sale

The rule mandates that control of an airline always remain in Indian hands, one of several reasons global firms have been wary of bidding for Air India Ltd

Despite criticism, govt digs in heels for privatisation of Air India, BPCL

DIPAM is in the process of appointing transaction and legal advisors for BPCL, Concor, and SCI

Air India chips in after Swedish Royal couple's aircraft develops snag

The Royal couple, who are on their second five-day visit to India after 26 years, were scheduled to arrive on their state aircraft

Airlines, private equity funds, HNIs warm up to Air India divestment

A Rs 30,000-crore bailout by the previous UPA government had been unable to reverse the fortunes of the carrier

BPCL stake sale a test case for Modi govt's second shot at privatisation

Here are some of the issues on the table

Fuel cost, forex rate variation led to Rs 4,685 cr loss for Air India: Govt

The impact of exchange rate variation led to an increase in expenses from Rs 31 crore in 2017-18 to Rs 772 crore in 2018-19

Air India will have to shut shop if privatisation flops: Minister Puri

Government is considering a plan to exclude more than half of Air India's $11 billion of debt in the government's latest attempt to lure investors to the struggling carrier, said sources

Govt exploring options to ease FDI norms to attract bidders for Air India

The government for long has been trying to sell debt-ridden Air India but could not attract bidders. It has now again decided to call bids for sale next month

Understanding Canada's troubling indifference to the Air India bombing

All 329 people on board Air India Flight 182 on June 23, 1985, were killed, including 280 citizens or permanent residents of Canada

Air India plans to hire 500 cabin crew members to meet new DGCA norms

More cabin crew would be required as more aircraft such as the A320 Neos are being inducted in the coming months

Ahead of Air India bid, Jet Airways hires Delta's M&A expert Piero Ceschia

It was reported that Jet Airways, Air France-KLM and Delta will bid for Air India

Ministerial panel nod for strategic sale of Air India's subsidiary AIATSL

Proceeds from the sale of AIATSL would be used to pay-off part of Air India's debt

Air India mopped up Rs 5.43 bn from asset monetisation in five years: Govt

In all, Air India has monetised a sum of Rs 5.43 billion from 2012-13 to 2017-18

Air India arm raises Rs 7,000 cr via bond issue, to help carrier pare debt

AIAHL is a special purpose vehicle of national carrier Air India

Committed to sell Air India within a defined period of time: Hardeep Puri

This time, according to Puri, "100 per cent is the current thinking everywhere, as last time we went in wanting to retain 24 per cent and clearly that was not conducive to the process"

Air India Assets Holding raises Rs 7,985 cr more through bond sale

A special purpose vehicle of Air India, AIAHL has mopped up a total of Rs 21,985 crore by way of bond issues since September 16 and the proceeds would be utilised to repay debt of the national carrier

AI's first direct flight to Tel Aviv takes off from Delhi on Thursday

The flight will operate every Tuesday, Thursday and the schedule departure will be 4.50 pm from March 25

Kolkata-bound Air India flight grounded at Delhi after bomb threat

The flight is in Delhi and all passengers have deboarded

Don't worry, Air India not tweeting in Turkish yet. @airindiain was hacked

The group responsible for the hack, "I ayyAldAzt", claimed to be a Turkish Cypriot Army on their Twitter handle

Flogging a dead horse

The rest periods of pilots have been reduced from what is mentioned in the civil aviation requirement rules