Dipam, civil aviation ministry, EY, AI officials to conduct roadshows
Inspections at major airports reveal unsecured containers and foreign object debris in apron area of airports
Inspections at major airports reveal unsecured containers and foreign object debris in apron area of airports
Among the key issues holding Expression of Interest (EoI), first stage of bidding, is whether FDI norms have to be relaxed to allow foreign airlines to take full control
The national carrier is yet to have long term financing facility for six B787 and B777-300ER
CVC observes vigilance day, Markets take a leave today, Business Standard brings you the top events of the day to keep an eye on.
Aviation experts blamed low business activity, muted consumer sentiment and closure of Jet Airways as main reasons for the lower number of passengers flying
The airline is sitting on a debt pile of around Rs 58,000 crore, besides huge accumulated losses running into thousands of crores
If any facility has EASA certification, then the airlines will have an idea about the standards of the MRO facilIity, he said
The decision was taken after Air India made a written request and also promised regular payments to clear over Rs 5,000 crore in overdue fuel bills.
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This is a third of Rs 33,992 crore debt that was to be passed on to the new owner during last year's failed disinvestment process
The monthly payment was besides the airline being put on cash-and-carry where it was given fuel only against cash payment
Taxibot is a robot-used aircraft tractor for taxiing an aircraft from parking bay to runway and vice versa
The airline also "assured" its customers of smooth operations, saying it has taken all the measures in the eventuality of the two sides failing to reach an understanding on the issue
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The three fuel retailers had earlier stated that Air India owed Rs 5,000 crore in unpaid fuel bills with payments being delayed by almost eight months
As of June 1, there were 9,834 permanent employees and 3,556 contractual employees in AI, which has 125 aircraft.
ONGC Petro Additions Ltd will issue later this week three-year three-month bond for up to Rs 500 crore