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Currency tonic: Govt to infuse additional Rs 800 crore into Air India

Jul 31, 2015

Currency tonic: Govt to infuse additional Rs 800 crore into Air India

The amount sought for making investment in Air India is part of the first supplementary demands for grant presented in Parliament by Finance Minister Arun Jaitley. #air india #finance ministry #Civil Aviation Ministry #NewsTracker #Arun Jaitley #DGCA #turn-around plan #service tax #Flight Operations Inspectors #Mahesh Sharma
Kingfisher Airlines caused Rs 290 cr loss to AAI, says CAG

Jul 30, 2015

Kingfisher Airlines caused Rs 290 cr loss to AAI, says CAG

Bogged down by mounting debt and operational issues, the Vijay Mallya-owned KFA was grounded in 2012 after aviation regulator DGCA cancelled its licence. #Business #CAG #Civil Aviation Ministry #Kingfisher Airlines #CompanyWatch #Vijay Mallya #AAI
Few parties keen to invest have approached us, says SpiceJet

Jul 24, 2015

Few parties keen to invest have approached us, says SpiceJet

The Gurgaon-headquartered airline also clarified that it has not entered into any interline arrangement with any other airline as reported in a section of media. #Business #Civil Aviation Ministry #SpiceJet #CompanyWatch #IndiGo #Qatar Airways #Ajay Singh #Akbar Al Baker
Air India Express to hire trainee pilots from IGRUA

Jul 24, 2015

Air India Express to hire trainee pilots from IGRUA

Air India Express is operated by Air India Charters Ltd, which is a subsidiary of national carrier Air India. #air india #Civil Aviation Ministry #NewsTracker #Ashok Gajapathi Raju #Indira Gandhi Rashtriya Uran Akademi #Trainee pilots
Air India takes ECB route to raise foreign loan worth $300 mn

Jul 22, 2015

Air India takes ECB route to raise foreign loan worth $300 mn

The debt-laden airline would mainly utilise the proceeds for maintenance of aircraft and working capital requirements, among others. #Business #air india #External Commercial Borrowing #Civil Aviation Ministry #Jet Airways #CompanyWatch #GoAir
Burdened by debt, Air India to sell assets worth nearly Rs 250 cr

Jul 17, 2015

Burdened by debt, Air India to sell assets worth nearly Rs 250 cr

A senior ministry official today said the assets to be sold comprise four flats in Mumbai besides land parcels in Chennai and Coimbatore. #Business #air india #Civil Aviation Ministry #CompanyWatch #asset sale
Centre back to drawing board on international operations of domestic carriers

Jul 13, 2015

Centre back to drawing board on international operations of domestic carriers

The proposed rules stipulate that a new start-up domestic airline will only be allowed to operate on those international routes to begin with, which are more than six hours of flight from India. #Business #Civil Aviation Ministry #Jet Airways #SpiceJet #GoAir #IndiGo #PolicyWatch #AirAsia India #Route dispersal guidelines #Vistara #5/20 rule #Domestic flying credits #Federation of India Airlines
Aviation Ministry to secure Rs 2,400 cr for Air India

Jul 12, 2015

Aviation Ministry to secure Rs 2,400 cr for Air India

The Civil Aviation Ministry is making efforts to secure about Rs 2,400 crore for Air India through supplementary budgetary allocations and recovery of dues worth Rs 600 crore related to use of its planes for VVIP travel. #air india #Civil Aviation Ministry #NewsTracker #funds #budget allocations
Air India flight row: Civil Aviation Ministry gives clean chit to Kiren Rijiju

Jul 03, 2015

Air India flight row: Civil Aviation Ministry gives clean chit to Kiren Rijiju

Civil Aviation Ministry on Friday night said it has given a clean chit to Minister of State for Home Affairs Kiren Rijiju in the Air India flight row #air india #Civil Aviation Ministry #NewsTracker #Ashok Gajapathi Raju #Kiren Rijiju #Leh to Delhi #Air India flight delay