Page 7 - Air India Privatisation

Air India disinvestment gets in-principle Cabinet approval

Finance Minister announces Cabinet decision in a press briefing in New Delhi

Air India: Divestment of govt stake unlikely this financial year

If privatisation is decided upon, the first cabinet approval will be an in-principle approval

Clear our dues before stake sale: Air India pilots to govt

dia pilots are not opposing privatisation but want their salary dues of Rs 400 crore cleared before government initiates further steps on stake sale."We are not averse to privatisation per se. Our only concerns are that the airline should be sold at a fair value and our pending dues be cleared before the sale," said a senior captain from the airline who did not wish to be named.Both unions - Indian Pilots Guild and Indian Commercial Pilots Association have taken a similar position with respect to privatisation. Other employee unions differ. Seven other unions have warned the government of large-scale protests if a proposal from NITI Aayog to privatise the national carrier is approved. In January 2013 the Air India management cut staff salaries by 25 per cent on an ad hoc basis amid worsening financial conditions. The salary cut was undertaken before the implementation of the Dharmadhikari Committee report and employee unions' challenged the salary cut as it was done without a ...

Tata's keenness to acquire gives Air India another shot at survival

His experience of AirAsia India and Vistara has erased unhappy memories of the 1994 SIA-Tata JV

Govt to take action on privatising Air India in 6 months: Panagariya

Administration is exploring ways to privatise Air India, which was bailed out in 2012 with $5.8 bn

Govt retaining Air India is an option with civil aviation ministry

Ministry had opposed the suggestion of privatisation, says senior civil aviation ministry officials

Cabinet to take a call on debt-laden Air India's revival, says Jayant Sinha

The debt-laden Air India is staying afloat on taxpayers' money

Government must resist distress sale of Air India: Sources

The airline's current market value could be much higher than Rs 40,000 crore

Air India's fleet expansion on hold after NITI's privatisation proposal

According to MoS, a Cabinet note on its privatisation is likely to be prepared shortly

Aviation Min in process of preparing Cabinet note on Air India's future

Finance Minister Arun Jaitley has pitched for disinvestment of Air India

No gradual stake sale: Air India may be privatised at one go

There won't be any gradual stake sale once a final decision is taken

Opinion favours selling off Air India in one go

There won't be any gradual stake sale once a final decision to divest stake is taken

Jaitley, Raju discuss Air India issue; privatisation call in a few months

Air India's market share is just around 14 per cent whereas the debt burden is Rs 50,000 crore