Page 52 - Air India

Top headlines: Adani joins race for Air India, Trump inks arms deal, more

From Donald Trump inking arms deal with India to coronavirus scare, here are the

Time for bidders to pose queries on Air India sale extended till March 6

The last date for putting bids is March 17 and interested bidders for Air India should have a net worth of Rs 3,500 crore

Adani group joins race to buy Air India, plans to submit EoI by next month

Apart from the Adani group, the Tata group, the Hinduja group, Indigo and a New York-based fund, Interups, are expected to submit EoIs

Air India sale: Non-commitment to protect global routes a deal dampener?

Govt will retain Air India's international bilateral flying rights for only six months which may dis-incentivise potential buyers if the rights are re-allocated to other airlines after that

Coronavirus: Air India extends suspension of flights to China till June 30

The national carrier had also suspended its Delhi-Hong Kong flights due to the coronavirus epidemic that has killed more than 2,000 people in China till date

CCI sees no evidence of collusion by IndiGo, others in price fixing: Report

CCI in 2015 ordered a probe into allegations of anti-competitive practices after similar fares were being offered on certain routes by IndiGo, SpiceJet , GoAir, state-run Air India and Jet

Domestic air passenger traffic up by 2.2% in January 2020, says DGCA

Airlines flew 12.7 million passengers last month com­pared to 12.5 million passengers on YoY basis.

Air India's disinvestment will not face any problems this time: Puri

The minister also assured the employees at Air India that their requirements would be foremost in the airline and factored in whatever arrangement is decided with the successor

Govt expects to complete Air India sale in first half of FY21: DIPAM secy

The deadline for submitting the EoI is March 17

Rajiv Bansal appointed chairman and managing director of Air India

Senior bureaucrat Rajiv Bansal was on Thursday appointed as the chairman and managing director (CMD) of Air India, according to a Personnel Ministry order. Bansal, a 1988-batch IAS officer of Nagaland cadre, is at present additional secretary in the ministry of petroleum and natural gas. The Appointments Committee of the Cabinet has approved his appointment as chairman & managing director, Air India in the rank and pay of additional secretary, the order said, without mentioning further details. The post became vacant after incumbent Ashwani Lohani completed his tenure.

Air India Express expects Rs 5,000 cr revenue in FY20, profit surges 283%

Air India Express is also scheduled to launch its flight services to Abu Dhabi and Doha from Tiruchirappalli, starting March 28 this year.

Air India's collection of art and memorabilia goes on exhibition

The exhibition titled 'Maharaja of the Skies - An Indian Heritage' is being organised by the Society for Culture and Environment at the Nehru Centre in Mumbai

Change in ownership will not dent Air India's 'unmatched' legacy: Lohani

The airline is sitting over Rs 23,000 crore of debt, after the larger portion of the total debt of close to Rs 60,000 crore was transferred to a newly-created holding company to facilitate the sale pr

Passengers shun Chinese carriers, Air India to benefit from traffic curbs

Curtailment of flights between India and China will help Air India and other airlines to boost their seat occupancy and market share, say travel agents and aviation experts

BSNL, Air India and MTNL highest loss-making PSUs in FY19: Survey

ONGC, Indian Oil Corporation and NTPC were the top three profitable PSUs in 2018-19

Air India has dues of over Rs 822 crore towards VVIP charter flights: RTI

Out of Rs 526.14 crore, Rs 236.16 crore were pending for over three years, Air India said in its response

Air India stake sale: It's too early to take a call, says Tata Sons chief

The comments came in the wake of reports in a section of media saying that Tatas appear to be moving closer to a decision to bid for Air India in partnership with Singapore Airlines

After challenging 2019, will 2020 be jet, set and go for Indian aviation

From good times, India's airlines flew into hard times last year, with cut-throat competition ensuring cheap tickets but also pushing some companies in the red. Here is what 2020 might hold for them

NRIs may be allowed to bid for 100% stake in debt-laden Air India

The current rules allow 100 per cent stake sale of Air India, provided substantial ownership and effective control remains with the Indian partner, an official said

Govt working on proposal to allow 100% FDI in Air India, says report

A draft note has been circulated on the issue seeking comments from different ministries