Business Standard

Page 8 - Air India

Air India pilots warn legal action on dues two days before Tata handover

The development comes two days before the handover of the airline to Tata group

Air India pilots warn legal action on dues two days before Tata handover
Updated On : 25 Jan 2022 | 11:51 PM IST

LIVE: Gen Rawat awarded Padma Vibhushan, Padma Bhushan for Nadella, Pichai

Congress leader Ghulam Nabi Azad, SII MD Cyrus Poonawalla to be conferred with Padma Bhushan

LIVE: Gen Rawat awarded Padma Vibhushan, Padma Bhushan for Nadella, Pichai
Updated On : 25 Jan 2022 | 8:19 PM IST

Debt-laden Air India likely to be handed over to Tata Group by Thursday

Some processes like lease novation for a few planes are pending as leasing firms, many of which are foreign banks, are working with reduced workforce due to the spread of Omicron

Debt-laden Air India likely to be handed over to Tata Group by Thursday
Updated On : 24 Jan 2022 | 11:44 PM IST

Air India likely to be handed over to Tata group on Jan 27: Report

The government had on Oct 8 last year sold Air India to Talace Private Limited -- a subsidiary of the Tata Group's holding company -- for Rs 18,000 cr

Air India likely to be handed over to Tata group on Jan 27: Report
Updated On : 24 Jan 2022 | 8:39 PM IST

Vikram Dev Dutt takes charge as Air India CMD

Vikram Dev Dutt on Friday took charge as the chairman and managing director (CMD) of Air India, which will be handed over to the Tata group this year. The government had on October 8 last year announced that the Tata Group has won the bid to acquire Air India for Rs 18,000 crore. In a press release, Air India said Dutt took over the charge of the airline on Friday from Civil Aviation Secretary Rajiv Bansal, who was at the helm of Air India till now. Dutt is a 1993-batch IAS officer of the AGMUT (Arunachal Pradesh, Goa, Mizoram and Union Territory) cadre. Air India said Dutt has been appointed the airline's CMD in the rank and pay of additional secretary.

Vikram Dev Dutt takes charge as Air India CMD
Updated On : 21 Jan 2022 | 6:24 PM IST

Air India resumes US flights following Boeing clearance on 5G impact

Flight to New York departs Thursday morning, those to Chicago and San Francisco from Delhi in the afternoon

Air India resumes US flights following Boeing clearance on 5G impact
Updated On : 20 Jan 2022 | 10:59 PM IST

Air India resumes Boeing 777 operations to US amid 5G rollout

Amid 5G rollout by the US, Air India has resumed B777 operations to the country on Thursday after approval from the US authority

Air India resumes Boeing 777 operations to US amid 5G rollout
Updated On : 20 Jan 2022 | 12:21 PM IST

5G scare: AI cancels 8 US flights; DGCA working to overcome situation

Air India cancelled eight flights on India-US routes from Wednesday onwards due to deployment of 5G internet in North America which could interfere with aircraft's navigation systems.

5G scare: AI cancels 8 US flights; DGCA working to overcome situation
Updated On : 20 Jan 2022 | 12:18 AM IST

5G rollout: Air India awaits technical guidance for Boeing 777 aircraft

On Wednesday, the airline cancelled its US flights on 5G concerns

5G rollout: Air India awaits technical guidance for Boeing 777 aircraft
Updated On : 19 Jan 2022 | 11:51 PM IST

Air India to prepay debentures at a premium on investors' insistence

Investors sought premium after airline offered to prepay Rs 12,900 cr of bonds at par in Nov

Air India to prepay debentures at a premium on investors' insistence
Updated On : 19 Jan 2022 | 4:15 PM IST

Air India to curtail or revise US flights due to 5G internet deployment

Air India said on Tuesday it will curtail or revise its flights to the US due to deployment of 5G internet there from January 19. US aviation regulator Federal Aviation Administration (FAA) had on January 14 said that 5G interference with the aircraft's radio altimeter could prevent engine and braking systems from transitioning to landing mode, which could prevent an aircraft from stopping on the runway. Therefore, a group of US-based airlines said on Monday in a letter to FAA that that 5G internet deployment could cause catastrophic aviation crisis. The group comprises airlines such as United Airlines, American Airlines, Delta Airlines and FedEx. Apart from Air India, United Airlines and American Airlines are the other two carriers that operate flights between India and the US. The airlines group said that 5G should be implemented everywhere in the US except within two miles of airport runways of affected airports. Air India tweeted on Tuesday: Due to deployment of 5G communicat

Air India to curtail or revise US flights due to 5G internet deployment
Updated On : 19 Jan 2022 | 7:27 AM IST

Air India set to curtail US flights from Wednesday on 5G concerns

Concerns have been raised about possible interference of 5G signals with radio altimeter in aircraft

Air India set to curtail US flights from Wednesday on 5G concerns
Updated On : 18 Jan 2022 | 10:56 PM IST

Vikram Dev Dutt appointed Air India chief, Manish K Gupta new V-C of DDA

Senior bureaucrat Vikram Dev Dutt has been appointed as the Chairman & Managing Director of Air India Ltd as part of a senior-level bureaucratic reshuffle effected by the Centre on Tuesday. Dutt, a 1993-batch IAS officer of AGMUT (Arunachal Pradesh, Goa, Mizoram and Union Territory) cadre, is at present Principal Secretary (Tourism) in Delhi government. He has been appointed as the Air India chief in the rank and pay of Additional Secretary, an order issued by the Personnel Ministry said. The Centre had in October last year accepted Tata Sons bid of Rs 18,000 crore to acquire 100 per cent of the debt-laden state-run carrier. The takeover has not been completed yet. Talace Pvt Ltd, a unit of the holding company of the salt-to-software conglomerate, had made the winning bid of Rs 2,700 crore cash and Rs 15,300 crore debt takeover. Manish Kumar Gupta has been appointed as the Vice Chairman of the Delhi Development Authority (DDA). Gupta, a 1991-batch IAS officer, is currently ...

Vikram Dev Dutt appointed Air India chief, Manish K Gupta new V-C of DDA
Updated On : 18 Jan 2022 | 10:48 PM IST

Vikram Dev Dutt appointed new CMD of Air India

Senior bureaucrat Vikram Dev Dutt has been appointed as the Chairman and Managing Director of Air India Ltd as part of a senior-level bureaucratic reshuffle effected by the Centre on Tuesday. Dutt is a 1993-batch IAS officer of AGMUT (Arunachal Pradesh, Goa, Mizoram and Union Territory) cadre. He has been appointed as the Air India chief in the rank and pay of Additional Secretary, an order issued by the Personnel Ministry said. Chanchal Kumar has been appointed as Managing Director, National Highways & Infrastructure Development Corporation Ltd, it said. Kumar, a 1992-batch IAS officer, is at present posted in his cadre state Bihar.

Vikram Dev Dutt appointed new CMD of  Air India
Updated On : 18 Jan 2022 | 8:14 PM IST

Alliance Air issues tender to refurbish entire fleet of 18 ATR-72 aircraft

Alliance Air, a subsidiary of Air India, has issued a tender to refurbish its entire fleet of 18 ATR-72 aircraft.

Alliance Air issues tender to refurbish entire fleet of 18 ATR-72 aircraft
Updated On : 10 Jan 2022 | 2:20 AM IST

HC junks Swamy's plea seeking quashing of Air India disinvestment process

The Delhi High Court dismissed BJP MP Subramanian Swamy's petition seeking the quashing of the Air India disinvestment process

HC junks Swamy's plea seeking quashing of Air India disinvestment process
Updated On : 06 Jan 2022 | 1:46 PM IST

Centre opposes Swamy's plea in HC seeking to quash AI disinvestment process

On October 25 last year, the government signed the share purchase agreement with Tata Sons for the sale of national carrier Air India for Rs 18,000 crore

Centre opposes Swamy's plea in HC seeking to quash AI disinvestment process
Updated On : 04 Jan 2022 | 1:39 PM IST

Swamy moves Delhi HC seeking to set aside Air India disinvestment process

A bench of Chief Justice D N Patel and Justice Jyoti Singh is scheduled to hear the petition on Tuesday

Swamy moves Delhi HC seeking to set aside Air India disinvestment process
Updated On : 04 Jan 2022 | 3:15 AM IST

Canada court orders seizure of Air India, AAI dues on Devas investors' plea

Devas shareholders have initiated action against govt to enforce $111 million arbitration award

Canada court orders seizure of Air India, AAI dues on Devas investors' plea
Updated On : 03 Jan 2022 | 11:35 PM IST

IOC gets Rs 2,281 crore as Air India clears 80% of jet fuel dues

State-owned fuel company lists recovery from carrier and increasing air traffic as positives for its business.

IOC gets Rs 2,281 crore as Air India clears 80% of jet fuel dues
Updated On : 27 Dec 2021 | 11:55 PM IST