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Page 124 - Air India

Suresh Prabhu reviews road map of debt-laden Air India with chief Kharola

The proposed strategic disinvestment of Air India, which has a debt burden of more than Rs 500 billion, failed to take off in May

Suresh Prabhu reviews road map of debt-laden Air India with chief Kharola
Updated On : 09 Oct 2018 | 11:01 PM IST

Air India awaits Rs 5-bn loan, extends deadline for submission of bids

The initial deadline for submission of bids was October 10

Air India awaits Rs 5-bn loan, extends deadline for submission of bids
Updated On : 09 Oct 2018 | 6:20 PM IST

Desperate measures

Autonomy for Air India board is no longer a solution

Desperate measures
Updated On : 08 Oct 2018 | 11:11 PM IST

Air India pays Rs 1 bn to OMCs towards partly clearing pending dues

The oil marketing companies asked debt-laden Air India to clear its dues towards daily billing amid rising oil prices

Air India pays Rs 1 bn to OMCs towards partly clearing pending dues
Updated On : 08 Oct 2018 | 10:58 PM IST

Govt plans to give significant autonomy to Air India's board, with a rider

Airline to get cash infusion of Rs 150 billion for the last time

Govt plans to give significant autonomy to Air India's board, with a rider
Updated On : 08 Oct 2018 | 2:21 AM IST

Scramble for Air India's art

Air India's collection of art seems to have found a new home in New Delhi's National Gallery of Modern Art

Scramble for Air India's art
Updated On : 05 Oct 2018 | 11:41 PM IST

Final decision on Air India support package in 10 days: Aviation official

Relief package for other airlines still under discussion

Final decision on Air India support package in 10 days: Aviation official
Updated On : 04 Oct 2018 | 2:12 PM IST

Take Delhi posting if you want to fly wide-body: Air India to crew

In Air India, a pilot gets an average salary of Rs 750,000 per month whereas cabin crew receives around Rs 150,000

Take Delhi posting if you want to fly wide-body: Air India to crew
Updated On : 03 Oct 2018 | 12:38 AM IST

Air India to sell 14 properties through bidding, plans to raise Rs 2.5 bn

The government is looking to bolster the fortunes of the state-run carrier after the proposed strategic stake sale failed to take off in May

Air India to sell 14 properties through bidding, plans to raise Rs 2.5 bn
Updated On : 01 Oct 2018 | 7:08 PM IST

After botched stake sale, govt working on 4-pronged Air India revival plan

Debt-laden Air India has asked the government to provide for Rs 21.21 billion in additional equity to pay vendors

After botched stake sale, govt working on 4-pronged Air India revival plan
Updated On : 01 Oct 2018 | 6:46 PM IST

Air India revival package at final stage, announcement soon: Jayant Sinha

Sinha says govt has devised a four-pronged strategy for the revival of Air India

Air India revival package at final stage, announcement soon: Jayant Sinha
Updated On : 01 Oct 2018 | 6:17 PM IST

Govt to revamp Air India finances to ensure airline has tenable debt: Garg

After the proposed strategic disinvestment of Air India did not find any takers in May, the government has been looking at ways, including sale of non-core assets, to bolster the carrier's fortunes

Govt to revamp Air India finances to ensure airline has tenable debt: Garg
Updated On : 26 Sep 2018 | 9:40 PM IST

Discussions on Air India's revival package at advanced stage: Jayant Sinha

The ailing airline has survived for years using taxpayer funds

Discussions on Air India's revival package at advanced stage: Jayant Sinha
Updated On : 26 Sep 2018 | 12:27 PM IST

After a 'hot brake' warning, Air India flight makes steep 10,000 ft descent

Apparently, the descent was done to cool off the brakes but at 35,000 feet the temperature is extremely low and the warning would have been wrong

After a 'hot brake' warning, Air India flight makes steep 10,000 ft descent
Updated On : 24 Sep 2018 | 7:31 AM IST

State-run OMCs ask Air India to clear dues amid rising oil prices: Source

The government-run airline lifts jet fuel from three oil marketing firms -- Indian Oil Corp, Bharat Petroleum Ltd and Hindustan Petroleum Ltd

State-run OMCs ask Air India to clear dues amid rising oil prices: Source
Updated On : 21 Sep 2018 | 11:11 PM IST

Air India sale: Two goldmines, one landmine and a joker in the pack

Some subsidiaries of the national carrier put on sale have immense future business potential, while others may potentially sink their buyers

Air India sale: Two goldmines, one landmine and a joker in the pack
Updated On : 20 Sep 2018 | 4:19 PM IST

System failure, bad weather: Narrow escape for Air India in New York

The flight also witnessed the malfunctioning of all three of its Instrument Landing System receivers on board the jet.

System failure, bad weather: Narrow escape for Air India in New York
Updated On : 18 Sep 2018 | 2:23 AM IST

Debt-ridden Air India to raise Rs 5 billion via short-term borrowings

This is the second time in this fiscal year that Air India is borrowing for working capital

Debt-ridden Air India to raise Rs 5 billion via short-term borrowings
Updated On : 08 Sep 2018 | 12:01 AM IST

Govt mulls sale of Air India subsidiary AIATSL to raise funds, cut debt

The Expression of Interest (EoI) for bidders would be floated soon after the GoM clears the EoI, according to official sources

Govt mulls sale of Air India subsidiary AIATSL to raise funds, cut debt
Updated On : 07 Sep 2018 | 4:04 PM IST

Govt mulling sale of Air India's ground handling services arm: Sources

As per latest data, in 2016-17, two subsidiaries of Air India AIATSL and Air India Express Ltd posted profits

Govt mulling sale of Air India's ground handling services arm: Sources
Updated On : 07 Sep 2018 | 3:01 PM IST