Page 84 - Air India

Air India set to curtail US flights from Wednesday on 5G concerns

Concerns have been raised about possible interference of 5G signals with radio altimeter in aircraft

Vikram Dev Dutt appointed Air India chief, Manish K Gupta new V-C of DDA

Senior bureaucrat Vikram Dev Dutt has been appointed as the Chairman & Managing Director of Air India Ltd as part of a senior-level bureaucratic reshuffle effected by the Centre on Tuesday. Dutt, a 1993-batch IAS officer of AGMUT (Arunachal Pradesh, Goa, Mizoram and Union Territory) cadre, is at present Principal Secretary (Tourism) in Delhi government. He has been appointed as the Air India chief in the rank and pay of Additional Secretary, an order issued by the Personnel Ministry said. The Centre had in October last year accepted Tata Sons bid of Rs 18,000 crore to acquire 100 per cent of the debt-laden state-run carrier. The takeover has not been completed yet. Talace Pvt Ltd, a unit of the holding company of the salt-to-software conglomerate, had made the winning bid of Rs 2,700 crore cash and Rs 15,300 crore debt takeover. Manish Kumar Gupta has been appointed as the Vice Chairman of the Delhi Development Authority (DDA). Gupta, a 1991-batch IAS officer, is currently ...

Vikram Dev Dutt appointed new CMD of Air India

Senior bureaucrat Vikram Dev Dutt has been appointed as the Chairman and Managing Director of Air India Ltd as part of a senior-level bureaucratic reshuffle effected by the Centre on Tuesday. Dutt is a 1993-batch IAS officer of AGMUT (Arunachal Pradesh, Goa, Mizoram and Union Territory) cadre. He has been appointed as the Air India chief in the rank and pay of Additional Secretary, an order issued by the Personnel Ministry said. Chanchal Kumar has been appointed as Managing Director, National Highways & Infrastructure Development Corporation Ltd, it said. Kumar, a 1992-batch IAS officer, is at present posted in his cadre state Bihar.

Alliance Air issues tender to refurbish entire fleet of 18 ATR-72 aircraft

Alliance Air, a subsidiary of Air India, has issued a tender to refurbish its entire fleet of 18 ATR-72 aircraft.

HC junks Swamy's plea seeking quashing of Air India disinvestment process

The Delhi High Court dismissed BJP MP Subramanian Swamy's petition seeking the quashing of the Air India disinvestment process

Centre opposes Swamy's plea in HC seeking to quash AI disinvestment process

On October 25 last year, the government signed the share purchase agreement with Tata Sons for the sale of national carrier Air India for Rs 18,000 crore

Swamy moves Delhi HC seeking to set aside Air India disinvestment process

A bench of Chief Justice D N Patel and Justice Jyoti Singh is scheduled to hear the petition on Tuesday

Canada court orders seizure of Air India, AAI dues on Devas investors' plea

Devas shareholders have initiated action against govt to enforce $111 million arbitration award

IOC gets Rs 2,281 crore as Air India clears 80% of jet fuel dues

State-owned fuel company lists recovery from carrier and increasing air traffic as positives for its business.

Tata's Air India win to Zee-Sony deal: 2021, year that was for businesses

After a year of disruptions, businesses were better prepared in 2021, not only adjusting to the new normal but also making the most of it

Air India's return flight to Tatas may get delayed due to pending approvals

Dates to be cleared after requirements for fulfilling condition precedents met

Air India bookings hit as inventory goes off platforms for travel agents

Travel association seeks clarity from national carrier about the problem in their peak business season

PSUs borrowing to buy equity of another firm defeats purpose: CAG

Due to poor financial condition, it said, ChPT had to raise a loan of Rs 1,775 crore at a rate of interest of 8 per cent per annum for purchasing the GoI's stake in KPL

Air India paid 'avoidable' Rs 43.85 cr penalty for non-compliance: CAG

Air India shelled out an avoidable penalty of Rs 43.85 crore to Boeing for non-adherence with the contractually stipulated timelines under the agreement for an aircraft component service programme

CCI approves acquisition of shareholding in Air India by Tata Group

In October, Talace Pvt Ltd emerged as the winning bidder for Air India with a bid worth Rs 18,000 cr

Air India transaction presents a 'win-win' situation, says Scindia

The disinvestment will provide an opportunity for the airline to rise as a phoenix again, the minister said

Govt departments, autonomous bodies owe over Rs 244 cr to Air India

Government departments and autonomous bodies have dues of more than Rs 244 crore to Air India, of which a little over Rs 30 crore has been recovered, the government said in Parliament on Monday. "Government departments/autonomous bodies owe Air India Rs 244.78 crore as on September 30, 2021. Out of this, Rs 30.38 crore has been recovered as on November 30, 2021," Minister of State for Finance Bhagwat Karad said in a written reply in the Lok Sabha. He was responding to a set of questions raised by several MPs regarding sale of Air India to Tata group. Karad said there was a huge accumulated debt on Air India, following which the government took an enterprise value (EV) bidding approach for strategic divestment of Air India and its identified subsidiaries and joint ventures. "The strategic disinvestment transaction has been carried out for the entire company as a going concern. Assets other than non-core assets and liabilities other than those excluded from the transaction will remai

Air India owes Rs 2,350 crore to AAI, SpiceJet Rs 185 crore

The AAI owns 125-odd airports across the country. Airlines have to regularly pay various charges such as landing charges and parking charges to the AAI to operate aircraft from its airports

AI pilots put off strike plans; to meet civil aviation secy on Monday

The Indian Commercial Pilots Association and the Indian Pilots Guild had earlier in the week given a three-day ultimatum to the airline to reverse the pay cut

US-bound Air India flight returns to Delhi due to death onboard

The flight returned to Delhi after more than 3 hours of flight