Coronavirus Outbreak: Air India unions challenge airline's decision to slash allowances by 10% in Mumbai High Court
Air India employee unions have moved the Bombay High Court against the airline's decision to slash allowances, which form a major part of the salary, by ten percent because of the impact of the coronavirus pandemic
Coronavirus Lockdown: Air India pilot unions urge govt to provide financial support to clear wage backlog
Air India's pilot unions IPG and ICPA has urged Civil Aviation Minister Hardeep Singh Puri to "urgently" provide financial support to the national carrier amid private airlines' cry for a bailout package in the wake of the COVID-19 outbreak
The disinvestment process for national carrier Air India looks "very uncertain" in the wake of the coronavirus pandemic that has impacted the aviation sector the most globally, according to rating agency CRISIL
Air India sale: Govt extends deadline to bid for cash-strapped national carrier by two months till 30 June
The government has extended the deadline to bid for Air India by two months till 30 June, as the COVID-19 fallout has disrupted economic activity globally
The government is likely to extend the 30 April deadline to bid for Air India as the COVID-19 fallout has disrupted economic activities globally, an official has said
The government on Friday extended the deadline for submitting bids for buying 100 percent stake in Air India till 30 April
The government is likely to extend the 17 March deadline for submitting bids to buy 100 percent stake in Air India and the Home Minister led inter-ministerial panel will later this week decide on the new date
Air India stake sale: Adani Group mulls bidding for ailing national carrier; scrutinises bid documents
Billionaire Gautam Adani's energy and infrastructure conglomerate is considering bidding to buy Air India and is pouring into bid documents before finalising a plan, sources said
Air India privatisation: Govt extends time till 6 March for bidders to pose queries on stake sale in national carrier
The government has extended the time till 6 March for bidders to pose additional queries regarding sale of its 100 percent stake in Air India
Air India stake sale: Tata Sons chief N Chandrasekaran say it's too early to take a call on bid for national airline
The Central government last month issued a preliminary information memorandum (PIM), initiating the process to divest its entire stake in Air India
Air India sale: Emirates not interested in buying stake in national carrier, says report; Dubai-based airline focused on organic growth
In 2018, the government had tried to sell a 76 percent stake in Air India and offload about $5.1 billion of its debt, terms that potential buyers at the time viewed as too onerous.
Air India sale: Govt's proposed deal to sell national airline sweeter than expected; buyer can recover investment, say analysts
Given the number of aircraft owned by Air India and its low-cost subsidiary Air India Express, a buyer can recover a major portion of the investment by adopting sale and lease back of airplanes
Air India sale: Govt to sell 100% stake in national carrier with 17 March deadline for EoI submissions; all eyes on suitors
While many industry veterans are bullish on investor interest for Air India, some of the sector experts said that it may not be easy given the current business environment globally.
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
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 stake sale: Govt on 'wait and watch' mode for next three-four months, says union minister Nitin Gadkari
The government's proposed stake sale in Air India failed to attract any initial bidder when the deadline for bidding ended on 31 May
Air India flop show: Govt puts off sale plan, will pump money instead; national carrier might target IPO
Air India will very soon get funds from the government for its day to day operations and will even place orders for a couple of aircraft, a govt official said
Air India flop show: An IPO of the white elephant is out of question; govt better revise terms of sale to attract bidders
SEBI rule state that a company has to log profits for three preceding years before going public. Air India hasn’t made any profit for over a decade
Senior Congress leader P Chidambaram on Monday alleged that the government was "totally confused" on the Air India assets sale and asked it to "sort out its mind" before attempting to tackle the problem.
Air India stake sale: Why the failed first attempt at the carrier's disinvestment could cost the Narendra Modi govt dear
The AISAM must be allowed to relax the Air India bid conditions substantially. Else, the carrier will continue to feed on taxpayer funds.