Page 39 - Air India

Ministerial panel nod for strategic sale of Air India's subsidiary AIATSL

Proceeds from the sale of AIATSL would be used to pay-off part of Air India's debt

Air India mopped up Rs 5.43 bn from asset monetisation in five years: Govt

In all, Air India has monetised a sum of Rs 5.43 billion from 2012-13 to 2017-18

Air India arm raises Rs 7,000 cr via bond issue, to help carrier pare debt

AIAHL is a special purpose vehicle of national carrier Air India

Committed to sell Air India within a defined period of time: Hardeep Puri

This time, according to Puri, "100 per cent is the current thinking everywhere, as last time we went in wanting to retain 24 per cent and clearly that was not conducive to the process"

Air India Assets Holding raises Rs 7,985 cr more through bond sale

A special purpose vehicle of Air India, AIAHL has mopped up a total of Rs 21,985 crore by way of bond issues since September 16 and the proceeds would be utilised to repay debt of the national carrier

AI's first direct flight to Tel Aviv takes off from Delhi on Thursday

The flight will operate every Tuesday, Thursday and the schedule departure will be 4.50 pm from March 25

Kolkata-bound Air India flight grounded at Delhi after bomb threat

The flight is in Delhi and all passengers have deboarded

Don't worry, Air India not tweeting in Turkish yet. @airindiain was hacked

The group responsible for the hack, "I ayyAldAzt", claimed to be a Turkish Cypriot Army on their Twitter handle

Flogging a dead horse

The rest periods of pilots have been reduced from what is mentioned in the civil aviation requirement rules

Air India passengers now have to shell out more for choosing middle seats

Air India has said reservation for middle seats in the front and the middle portions of the aircraft would be chargeable

Air India raises check-in luggage from 30 kgs to 40 kgs for UAE passengers

The changes will be implemented with immediate effect for those booking their tickets Tuesday onwards

ITF expresses solidarity with Air India unions protesting divestment

The government also made it clear that it would have the rights of a "minority shareholder" with 24 per cent stake in Air India post disinvestment.

Government starts process of selling Air India Mumbai headquarters

Built in 1974, the building could fetch anywhere between Rs 10 billion to Rs 15 billion, based on current real estate prices, according to experts

Air India sexual harassment: Maneka tells airline to complete probe by June

The air hostess has alleged that she had been harassed for the last six years by the senior executive of the airline

Air India pilot bodies seek meeting with aviation minister on privatization

Earlier this month, as many as 13 Air India unions including its pilots unions, Indian Pilots Guild (IPG) and Indian Commercial Pilots Association (ICPA), had discussions with the airline top brass

Air India privatisation: Pilots' union opposes move, may resort to strike

The government is working on the final contours of disinvestment of loss-making Air India, which has a debt worth over Rs 58,000 crore.

Top headlines: New Air India sale plan, Sensex hits new high, and more

From govt planning to exclude more than half of Air India's debt, to Isro launching 14 satellites, Business Standard brings you the top news of the day

New plan to woo investors: Govt may exclude $7 billion of Air India debt

A spokesman at India's finance ministry, which handles assets sales, was not immediately available for a comment

Air India sale: Investor outreach on, meeting potential bidders, says Puri

Air India disinvestment: Making forward movement, seeking potential investors: Puri

Air India extends bridge-loan bid deadline for Boeing purchase to Nov 22

Air India has 27 Dreamliners (B-787s) and 15 B777s in the fleet