Aisats

Air India divestment: Amit Shah-led GoM's second meeting on national carrier sale likely today

Apart from Amit Shah, it was also attended by Finance Minister Nirmala Sitharaman, Commerce and Railway Minister Piyush Goyal and Civil Aviation Minister Hardeep Singh Puri

Air India posts highest-ever net loss of Rs 8,556 cr in 2018-19; receives Rs 30,520-cr equity infusion from FY'12

Puri said that the crisis-hit Air India has received an equity infusion of Rs 30,520.21 crore from financial year 2011-12 till date.

Air India sale: Aviation think tank Capa expects participation from global airlines for national carrier

Air India represents an attractive opportunity for investors if it is relieved of its working capital debt, which stands around Rs 30,000 crore

Air India's failed stake sale: Government now has another shot at setting things right at the ailing national carrier

The government must ensure that Air India focuses on its core competency to turn around, and could plan for an IPO in three to four years.

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: Govt moves deadline to receive bids to 31 May as it struggles to find suitor for 'Maharaja'

The government on Tuesday extended the deadline for submission of 'Expression of Interest' (EoI) bids under Air India's divestment process to 31 May, 2018

Air India disinvestment: Govt may allow holding company structure for carrier; won't permit merger with other brands initially

Government has reportedly decided to allow holding company structure for debt-laden Air India and it believes that the move will attract suitors

Air India should be owned by an Indian player who can run it efficiently, says RSS chief Mohan Bhagwat

Cautioning the government against "losing control and ownership of its skies", Bhagwat said Air India's operations have not been managed properly.

Air India employee unions take to social media to protest against disinvestment plan

Worried over possible job losses post disinvestment, as many as 11 Air India unions representing more than 10,000 employees have taken to Twitter, YouTube, Instagram and Facebook to protest against the stake sale plan.

Air India privatisation: IndiGo sole domestic carrier eligible to table solo bid for ailing airline

However, IndiGo, the first to express an interest in acquiring national carrier Air India, will have to meet some conditions when it puts down a solo bid.