National Carrier

Air India crisis: Employees of ailing national carrier's ground-handling subsidiary likely to get December salaries by next week

Air India Chairman and Managing Director Ashwani Lohani had on 4 January said that "rumours" of the disinvestment-bound airline's shutdown are "all baseless".

Weeks after calling Air India's financial situation untenable, CMD Ashwani Lohani calls rumours of shutdown 'baseless'

Air India chief Ashwani Lohani on Saturday said that "rumours" of the disinvestment-bound airline's shutdown are "all baseless", weeks after he told the Civil Aviation Ministry that the carrier's financial situation was "grossly untenable" for sustaining operations.

Air India privatisation: IndiGo, Etihad show interest in ailing national carrier; govt likely to come up with EoI next month

Representatives from these companies (IndiGo and Etihad) have met government officials and, unofficially, shown interest in the national carrier.

Air India crisis: Without a buyer, struggling national carrier might be forced to shut down in six months, says official

As per the government, it has infused funds to the tune of Rs 30,520.21 crore in Air India from financial year 2011-12 till December this year.

Air India gets Rs 500-cr govt guarantee for fund raising; national carrier has received over Rs 30,520-cr equity infusion since FY12

Air India's net loss in 2018-19 is provisionally estimated to be Rs 8,556.35 crore.

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 privatisation: Over 11,000 staff of national carrier to get one-year job guarantee; govt says employees' interest to be protected

Minister of Civil Aviation Hardeep Singh Puri also said that the government would secure a fair deal for all of Air India employees.

Finance ministry may not infuse any additional funds into Air India this financial year; Rs 2,600 cr to be used to pay off interest

AIAHL — the special purpose vehicle of Air India — mopped up Rs 7,000 crore through bonds on Monday and the issue was oversubscribed more than 20 times.

Air India stake sale plan: Govt may take on burden of working capital debt to make offer attractive to buyer

Efforts to sell 76% stake in Air India failed to take off in 2018

Air India Express posts Rs 169 cr profit in 2018-19 on higher utilisation of aircraft, manpower

Air India Express on Tuesday reported a net profit of Rs 169 crore in the year ended March 2019 as higher utilisation of aircraft and manpower helped the low-cost carrier