Page 59 - Air India

31 out of 182 sectors operated by Air India are loss-making: Government

Some of these routes include Delhi-Guwahati-Imphal, Delhi-Srinagar, Delhi-Chandigarh, Delhi-Leh

Air India opposes changes to ownership norms

Existing norms mandate 2/3rd of members of an airline's board must comprise Indian nationals

Air India defends the sale of Boeing 777 planes to Etihad

Air India has defended the sale of five Boeing 777-200 LR planes to Etihad saying it was the best possible option to check loss and reduce debt.The national carrier has come under criticism from the Comptroller and Auditor General for selling the aircraft below its indicative market price, for under reporting its losses and for poor initiatives to monetise its real estate. Air India inducted 8 Boeing 777-200 Long Range aircraft in 2005 to serve the US with non stop flights but the operations turned loss making as the airline was unable to generate expected loads and yields. In 2014 Air India sold five of the planes to Etihad for $ 336.5 million ( $ 67.3 million per aircraft).While the CAG has rapped the airline for selling the aircraft at a loss, Air India has said benchmark of sale price was not available at the time of transaction."There are very few operators of Boeing 777-200LR and no sale of aircraft had taken place in the secondary market. Thus benchmark of sale price was ...

Air India profitable under GAAP, says Jayant Sinha

Air India has incurred an operating loss of Rs 321.4 crore in 2015-16

No functioning loo in Delhi-Chicago Air India flight creates trouble for over 300 passengers

Over 340 people, including 324 adults and seven infants as passengers were on board

Air India flight loses ATC contact over Hungary, escorted by fighter jets

En route over Hungarian airspace, it lost contact for some time with the ATC

Short-term loans hurt Air India

Poor or faulty initiatives to monetise Air India's assets led to dip in the company's revenues: CAG

Six reasons why Air India is going downhill

Benefits from fin restructuring plan have been eroded by high volume of short-term loans: CAG

Air India plane loses ATC contact over Hungary, escorted by fighter

Plane, with 231 passengers and 18 crew members onboard, lost contact due to frequency fluctuation

Air India's loans erode benefits of government bailout: CAG

The airline's short-term loans have weighed on its finances

Air India grounds 34 cabin crew members for being 'obese'

Currently, the total strength of cabin crew in the national carrier stands at 3,490

Meet the all-women crew: Air India's women pilots flying high, literally

Percentage of women employee in primary role in airlines remains at a mere 3 per cent

Air India to raise over Rs 3,000 cr for purchasing four Boeing 787 planes

Currently, the national carrier has 23 B787-800 planes in the fleet

A K Govil replaces A K Kathpalia as Air India operations head

Govil was earlier serving Air India as its ED, Inflight Services

Kochi-bound Air India flight makes emergency landing at Mangalore airport

Officials say there was some technical snag; details are yet to be disclosed

Air India keeping options 'open' for 5 wide-body aircraft

At present Air India has wide-body planes from the US aircraft maker Boeing Inc

Air India puts new Airbus A320 Neo into operation

The A320 New Engine Option aircraft is configured with 162 seats, including 12 in the business class

Air India vs SpiceJet: Airlines woo fliers with cheap fares, free tickets

Air India and SpiceJet came out with offers, including free tickets, to attract more fliers

Air India asks RBI to relax loan recast rules

Lenders want to reduce the risk of equity component

Govt must give up confusion and privatise Air India

Air India drags the entire sector down