National Carrier

Showing of 21 - 40 from 39 results
National Carrier - Total results - 39
Govt working on efforts to turn around AI; cost cutting, revenue augmentation measures to fetch Rs 2,000-cr benefits
Business

Govt working on efforts to turn around AI; cost cutting, revenue augmentation measures to fetch Rs 2,000-cr benefits

The ministry would monitor the implementation of the AI plan and then report to the AISAM.

Debt-ridden Air India expects to pay lenders, jet leasing firms in two weeks; eyes fresh capital from government
Business

Debt-ridden Air India expects to pay lenders, jet leasing firms in two weeks; eyes fresh capital from government

Three banks and two aircraft leasing companies have reportedly served default notices on Air India over the past few weeks.

After Air India sale plan fails, national carrier seeks Rs 1,000 cr short-term loans to meet working capital needs
Business

After Air India sale plan fails, national carrier seeks Rs 1,000 cr short-term loans to meet working capital needs

Air India is inviting Rs 1,000 crore loan to be drawn in June in one or more tranches, according to the bid document

Air India disinvestment: After failed sale plan, national carrier seeks restoration of equity infusion from govt
Business

Air India disinvestment: After failed sale plan, national carrier seeks restoration of equity infusion from govt

Air India which has a debt burden of about Rs 50,000 crore till March last year, had been receiving about Rs 3,000-4,000 crore equity infusion on an average per fiscal from the government till FY14

Air India sale: Divestment of national carrier fails to take off; exposes hurdles for Narendra Modi's disinvestment drive
Business

Air India sale: Divestment of national carrier fails to take off; exposes hurdles for Narendra Modi's disinvestment drive

Selling the state carrier is key to Modi’s plans to divest assets and help keep the fiscal deficit at 3.3 percent of GDP, a goal already under pressure from giveaways to farmers and other welfare benefits ahead of a national election in 2019.

Air India disinvestment: Govt may not sell ailing national carrier if it does not get 'adequate' price, says aviation secretary
Business

Air India disinvestment: Govt may not sell ailing national carrier if it does not get 'adequate' price, says aviation secretary

While the deadline for submission of Expression of Interest (EoI) in Air India ends on 31 May, the secretary said the Request for Proposal could be issued after 15 June.

Air India disinvestment: Mohan Bhagwat getting emotionally chauvinistic about ailing carrier doesn't bode well for its future
Business

Air India disinvestment: Mohan Bhagwat getting emotionally chauvinistic about ailing carrier doesn't bode well for its future

You do not have to be an economist to know that the only way to save Air India is to pull it out of the clutches of the government which throttled the carrier ever since that black day when Morarji Desai dumped JRD Tata and ordered Air Chief Marshal PC Lal to take over

Air India privatisation: Govt to expedite national carrier's disinvestment, says civil aviation secretary
Business

Air India privatisation: Govt to expedite national carrier's disinvestment, says civil aviation secretary

Last year in June, the Union Cabinet had approved privatisation of the debt-laden national carrier, which is staying afloat on taxpayers' money.

Govt does not want Air India to go defunct like Kingfisher Airlines, says Ashok Gajapathi Raju
Business

Govt does not want Air India to go defunct like Kingfisher Airlines, says Ashok Gajapathi Raju

Air India has a debt of more than Rs 52,000 crore and is surviving on a Rs 30,000 crore bailout package extended by UPA govt in 2012

Air India's decision to stop serving non-vegetarian meals in economy class reinforces bias against cattle class
India

Air India's decision to stop serving non-vegetarian meals in economy class reinforces bias against cattle class

Without hard numbers it is difficult to contest Air India’s decision, however, one can be certain that it reinforces the class bias already in the minds of some higher class flyers.

Air India sale: Government gives green signal for piecemeal divestment in 2018
Business

Air India sale: Government gives green signal for piecemeal divestment in 2018

India is considering selling state-owned Air India in parts to make it attractive to potential buyers.

Air India to launch direct flights to Los Angeles and Houston after Washington DC
India

Air India to launch direct flights to Los Angeles and Houston after Washington DC

Air India is looking to significantly expand its operations in the US.

Air India stake sale will be 'very, very difficult' says Arvind Panagariya
Business

Air India stake sale will be 'very, very difficult' says Arvind Panagariya

Loss-making Air India, surviving on taxpayers' money, is facing tough business conditions amid stiff competition.

Arun Jaitley for Air India sell-off, says private airlines can handle entire market, no need for state-run co
Business

Arun Jaitley for Air India sell-off, says private airlines can handle entire market, no need for state-run co

Air India's market share today is around 14 percent, while the debt is Rs 50,000 crore

Watch: Air India officials offer lesson in how not to treat your passengers
India

Watch: Air India officials offer lesson in how not to treat your passengers

In a shocking case of insensitivity, a video, that created much buzz on social media, showed the insensitivity of Air India officials who refused to let passengers fly because they were 5 minutes late for their check-in.

Air India to crack the whip on latecomers, will deduct salary of employees who delay flight
India

Air India to crack the whip on latecomers, will deduct salary of employees who delay flight

Air India in an unprecedented move is going straight to heart of the problem and will start fining its staff who are found to be causing flight delays.

Privatisation is the only way to end Air India's woes
Business

Privatisation is the only way to end Air India's woes

Privatisation may not be the only solution to Air India's woes but at present, it seems to be the only viable one.

Can AI be trusted when it can't keep its realty papers safe?
Business

Can AI be trusted when it can't keep its realty papers safe?

The asset monetisation plan may have to be placed on the back burner as the airline seems to have misplaced registration papers for at least 20 percent of its properties that were to be put on the block