Page 66 - Air India

LIC, GIC show keen interest in buying Air India building in South Mumbai

According to Air India's audited accounts, the airline's total losses stood at Rs 471.45 billion in 2016-17

Air India to transfer Rs 290 billion debt to special purpose vehicle

Meanwhile, a plan is also being implemented that would result in annual financial benefits worth Rs 20 billion by way of cost cutting and revenue enhancement measures

Air India plane hits building at Stockholm airport, no causalities reported

The 179 passengers could disembark from the plane on a mobile staircase and thereafter enter the terminal

Revival plan will give Air India benefit of Rs 20 bn annually: Official

The government is working on efforts to turn around the national carrier, which has a debt burden of over Rs 500 billion

Travel bodies oppose Air India's move to shift to single GDS platform

The associations termed the move as one which allegedly violates Competition Law and could have financial implications for Air India

Y C Deveshwar, Kumar Mangalam Birla hold meeting with Air India management

The two independent directors held an 'informal' meeting with the senior management, said the airline

Air India officer, who lost senior post over alcohol tests, reverted to ED

Following the positive findings in the alcohol test on Nov 11, the airline took Capt Arvind Kathpalia off flying duties while aviation regulator DGCA suspended his flying licence for three years

Air India to raise Rs 5 bn in short-term loans, to mop up another Rs 61 bn

Besides 12 B777s, Air India has 27 B787-800s in its fleet. Of these, 21 Dreamliners are already operating under the SLB mode

Govt has shelved Air India's disinvestment, working on its revival: Sinha

Air India has Rs. 480 billion as debt by the end of March last year

Maharaja's poor HR

Air India is a perfect case study of how to reward truant employees

Senior Air India officer removed from post for failing alcohol test twice

Captain Arvind Kathpalia has said that he will contest the results of the tests and claimed he is the victim of internal feuding at the airline

It's the expenses, stupid!

Air India's revival plan will depend critically on its ability to cut its annual expenses bill

Air India's director of ops fails alcohol test, flying licence suspended

DGCA suspends flying licence of Air India's Director for Operations Arvind Kathpalia for 3 years after he failed alcohol test

Air India ground staff go on flash strike, flights from Mumbai delayed

The staff of AIATSL, the ground-handling subsidiary of Air India, went on a flash strike from 11 pm on Wednesday, demanding reinstatement of three employees who had been fired earlier

Why former Air India management opposed move to a single GDS platform

The move will help to reduce Air India's distribution cost by 60 per cent

Air India to soon offer low-fare red-eye flights from Goa, Delhi, Bangalore

The Bangalore-Ahmedabad flight AI589 will take off from Bangalore at 0030 hours to reach Ahmedabad at 0235 hours

Travel agents ask Air India to review ticket distribution policy

Air India did not respond to an email query on agents' concerns

The wrong way

Funding Air India through NSSF is harmful

Air India Mumbai building sale hits hurdle of a reluctant board

It is also felt that under the current market conditions, the building is unlikely to garner the kind of funds expected from a prime real estate at Nariman Point

ED files cases to probe allegations of money laundering in Air India deals

These ED cases are based on four CBI FIRs