Air India Eoi

Air India Eoi News

Air India trade unions to demand VRS package in second meeting with Hardeep Singh Puri today
Business

Air India trade unions to demand VRS package in second meeting with Hardeep Singh Puri today

Air India's net loss in 2018-19 was around Rs 8,556 crore. Moreover, its per day losses are estimated to be in the range of Rs 20-26 crore, along with a debt of around Rs 80,000 crore

Air India stake sale: Govt likely to float bids next month; some entities express interest in national carrier
Business

Air India stake sale: Govt likely to float bids next month; some entities express interest in national carrier

Air India is sitting on a debt pile of around Rs 58,000 crore, besides huge accumulated losses running into thousands of crores.

Air India divestment: Govt unsure if it can sell the ailing carrier; civil aviation secretary RN Choubey's take a case of sour grapes?
Business

Air India divestment: Govt unsure if it can sell the ailing carrier; civil aviation secretary RN Choubey's take a case of sour grapes?

A non-airline company, with no experience in running an airline, can also place a bid for Air India. This shows all that is wrong with the divestment.

Air India disinvestment: Government likely to push out EoI shortly; ready to give up majority control
Business

Air India disinvestment: Government likely to push out EoI shortly; ready to give up majority control

A government notification announcing the contours of the Air India sale is expected Tuesday night