Page 125 - Air India

Airlines to get relief package, Air India assured Rs 21 bn borrowing: Govt

Air India is currently in debt to the tune of Rs 500 billion, and reported a loss of Rs 57.6 billion in March last year

To save cost, Air India chief orders staff to stop 'non-mandatory' travel

The loss-making national carrier is looking at ways to reduce expenses amid spiralling fuel costs and intense competition

Grounding Air India

Finance ministry is right to refuse another bailout

After pilots threaten to stop ops, Air India clears allowance for June

Citing rules, sources said flying allowances are paid after two months and the dues for June should have been paid on August 1.

Finance ministry refuses Rs 300-bn fund-infusion proposal for Air India

Airline told to transfer non-core assets, subsidiaries to special purpose vehicle

WCD Ministry summons Air India chief over delay in sexual harassment probe

The complaint of sexual harassment was lodged by an air hostess of the national carrier against its senior executive

Air India pilots threaten to stop operations over non-payment of dues

According to a source, flying allowance are paid after two months

Cash-strapped Air India holds board meeting as govt mulls to help airline

The Civil Aviation Ministry is in discussions with the Finance Ministry for a Rs 110 billion bailout package for the ailing Air India

Air India's financial troubles affecting its operations, says ICPA

According to ICPA, $3.6 billion (Rs 250 billion) worth of aircraft - by today's prices - are lying idle or are in hangers due to poor maintenance and management

Making 'all efforts' to disburse July salaries by next week: Air India

The national carrier, which is facing acute financial crunch, is set to get an additional funding of Rs 9.8 billion from the government

Govt ups compensation for maintenance costs of AI planes for VVIPs

These planes, maintained by Air India, are used for ferrying the President, the Vice President and the Prime Minister

After privatisation attempt, govt mulls Rs 110 bn bailout for Air India

Civil Aviation Ministry is working on a bailout package for the carrier, which would be utilised to reduce high-cost working capital loans.

Delhi-bound Air India flight returns to Milan as man tries to enter cockpit

The passenger's action could land him in the 'no-fly-list' pending the completion of enquiry, the airline hinted

Air India plans to enhance codeshare agreement with Ethiopian Airlines

The partnership between Air India and Ethiopian Airlines commenced in 2011 and currently includes 14 sectors each

Spare the taxpayer

Use the IBC process for Air India

Poor crew management pushes debt-laden Air India further into losses

Air India pilots and crew often play musical chairs, leading to a substantial revenue loss for the airline in an inefficiently managed set-up

Air India seeks additional Rs 21 bn equity from govt to pay vendors: Source

Three banks and two aircraft leasing firms have served default notices on Air India over the last few weeks

Banks, aircraft lessors serve default notices on debt-laden Air India

Govt yet to commit financial support after failed divestment process

Israeli airline drops plea against Air India flying over Saudi airspace

El Al in its petition argued that allowing Air India to cross over airspace that is closed to Israeli-owned airlines violated the 1944 Convention on International Civil Aviation

Air India apologises for denying Indian table tennis team to board flight

The Indian contingent, comprising 17 players and officials of Indian table tennis team, was denied boarding on the Melbourne-bound flight due to overbooking