Page 49 - Air India

Discussions on Air India's revival package at advanced stage: Jayant Sinha

The ailing airline has survived for years using taxpayer funds

After a 'hot brake' warning, Air India flight makes steep 10,000 ft descent

Apparently, the descent was done to cool off the brakes but at 35,000 feet the temperature is extremely low and the warning would have been wrong

State-run OMCs ask Air India to clear dues amid rising oil prices: Source

The government-run airline lifts jet fuel from three oil marketing firms -- Indian Oil Corp, Bharat Petroleum Ltd and Hindustan Petroleum Ltd

Air India sale: Two goldmines, one landmine and a joker in the pack

Some subsidiaries of the national carrier put on sale have immense future business potential, while others may potentially sink their buyers

System failure, bad weather: Narrow escape for Air India in New York

The flight also witnessed the malfunctioning of all three of its Instrument Landing System receivers on board the jet.

Debt-ridden Air India to raise Rs 5 billion via short-term borrowings

This is the second time in this fiscal year that Air India is borrowing for working capital

Govt mulls sale of Air India subsidiary AIATSL to raise funds, cut debt

The Expression of Interest (EoI) for bidders would be floated soon after the GoM clears the EoI, according to official sources

Govt mulling sale of Air India's ground handling services arm: Sources

As per latest data, in 2016-17, two subsidiaries of Air India AIATSL and Air India Express Ltd posted profits

Airlines to get relief package, Air India assured Rs 21 bn borrowing: Govt

Air India is currently in debt to the tune of Rs 500 billion, and reported a loss of Rs 57.6 billion in March last year

To save cost, Air India chief orders staff to stop 'non-mandatory' travel

The loss-making national carrier is looking at ways to reduce expenses amid spiralling fuel costs and intense competition

Grounding Air India

Finance ministry is right to refuse another bailout

After pilots threaten to stop ops, Air India clears allowance for June

Citing rules, sources said flying allowances are paid after two months and the dues for June should have been paid on August 1.

Finance ministry refuses Rs 300-bn fund-infusion proposal for Air India

Airline told to transfer non-core assets, subsidiaries to special purpose vehicle

WCD Ministry summons Air India chief over delay in sexual harassment probe

The complaint of sexual harassment was lodged by an air hostess of the national carrier against its senior executive

Air India pilots threaten to stop operations over non-payment of dues

According to a source, flying allowance are paid after two months

Cash-strapped Air India holds board meeting as govt mulls to help airline

The Civil Aviation Ministry is in discussions with the Finance Ministry for a Rs 110 billion bailout package for the ailing Air India

Air India's financial troubles affecting its operations, says ICPA

According to ICPA, $3.6 billion (Rs 250 billion) worth of aircraft - by today's prices - are lying idle or are in hangers due to poor maintenance and management

Making 'all efforts' to disburse July salaries by next week: Air India

The national carrier, which is facing acute financial crunch, is set to get an additional funding of Rs 9.8 billion from the government

Govt ups compensation for maintenance costs of AI planes for VVIPs

These planes, maintained by Air India, are used for ferrying the President, the Vice President and the Prime Minister

After privatisation attempt, govt mulls Rs 110 bn bailout for Air India

Civil Aviation Ministry is working on a bailout package for the carrier, which would be utilised to reduce high-cost working capital loans.