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Mar 01, 2019
Cabinet approves creation of SPV for Air India divestment; govt to allocate additional Rs 2,600 cr in next fiscalThe government has been working on ways to revive the fortunes of Air India, which is estimated to have a debt burden of Rs 55,000 crore.
Sep 17, 2018
Air India plans to sell four subsidiaries; headquarter building in Delhi, other land assetsAir India, which has been in the red for long, had a debt burden of Rs 48,000 crore at the end of March 2017.
Jul 27, 2017
Air India sale: With a likely profit of Rs 297 cr, AI Express only shining star among subsidiariesHotel Corporation of India, AI Engineering Services and Alliance Air remained loss making in 2016-17, according to estimates submitted in Parliament on Thursday