Page 66 - Air India
Air India seeks government nod to recast Rs 10,000 crore debt
Seeks Centre's approval to issue government-guarantee backed non-convertible debentures, which will help it lower interest cost by around 2%
 "Air India seeks government nod to recast Rs 10,000 crore debt")
MHA flags Air India's security gap
Finding security risks in Air India's Hub and Spoke policy, the Home Ministry has red flagged the national carrier's ambitious plan that connects several tier-II cities, including Prime Minister Narendra Modi's constituency Varanasi, with international destinations. Several security lapses have been detected in the Air India's Hub and Spoke operations, which connect Amritsar, Kochi, Ahmedabad, Panaji, Bhubaneswar and Varanasi with metro cities before flying the passengers to foreign destinations, Home Ministry officials said. Under the facility, international passengers are required to clear immigration and security at the boarding airport but no check is done at the last port of exit. However, since such flights also carry domestic passengers, who get off at places like Delhi and Mumbai, there is a risk that someone, whom police is looking for, can leave the country by exchanging boarding passes with an accomplice who may have a boarding pass for the international leg of the ...
 "MHA flags Air India's security gap")
Govt says Air India to shave off around 40% of its losses
The government owned airline had in the fiscal ended March 31, 2015, reported a net loss of Rs 5,859.91 crore
