Air India disinvestment: Govt looking to shift more debt out of crisis-hit national carrier's balance sheet before disinvestment
On Monday, Civil Aviation Secretary Pradeep Singh Kharola said the government is working on the debt issue of Air India to make it more attractive to buyers.
Govt working on debt issue of Air India to attract buyers: Civil Aviation Secretary Pradeep Singh Kharola
The government is working on the debt issue of national carrier Air India to make it more attractive to buyers, a top official said on Monday
Air India has stopped giving promotions for its employees and recruiting new personnel as the government prepares for the disinvestment of the debt-laden airline, an official said on Sunday
Civil Aviation Minister seeks report on allocation of airport slots vacated by Jet Airways to other airlines
Jet Airways has more than 440 slots at Mumbai and Delhi airports,
Government to allocate 440 vacant cash-strapped Jet Airways slots on interim basis to other airlines
The 440 slots vacated by Jet Airways at Delhi and Mumbai airports would be allocated to other airlines on an interim basis through a "rational, fair and equitable" manner.
DGCA asks airlines to reduce airfares on 10 routes to 'reasonable levels' as ticket prices rise up to 30%
Aviation watchdog DGCA on Tuesday asked airlines to reduce fares on ten domestic routes to "reasonable levels" as ticket prices on these high-density routes have risen up to 30 percent in last one month, according to a senior official
Suresh Prabhu calls for review of issues related to Jet Airways; says will protect rights, safety of passengers
This is the second time in less than a week that Prabhu has publicly said he has called for a review of issues related to Jet Airways.
Jet Airways crisis: Crucial day for airline as lenders meet today; final decision on fund infusion expected
An urgent meeting to discuss the Jet Airways situation was held at the prime minister’s office on Friday, which was also attended by aviation secretary
Last month, Goyal and his wife Anita Goyal stepped down from the board of the airline, which has more than Rs 8,000 crore debt.
Jet Airways extends suspension of international operations till Monday as airline faces worst existential crisis since launch
Jet Airways was the largest domestic carrier operating in the international sector with a hub in Amsterdam, where a cargo agent had taken possession of an aircraft this on Tuesday demanding bill payment.
Suresh Prabhu directs aviation secretary to review Jet Airways' issues as crisis-hit airline to operate only 9 flights on Friday
Cash-strapped Jet Airways on Thursday grounded its services to and from the East and Northeast regions.
DGCA deregisters 7 aircraft of Jet Airways, allows lessors to take them back; vendors seek similar action on 24 more planes
While the airline has a fleet of about 119 aircraft, civil aviation secretary Pradeep Singh Kharola said on 4 April that only 26 aircraft of Jet Airways are flying "currently".
Jet Airways shares rise 6% to near 10-week high after government official rules out grounding more planes
Jet is in talks with leasing companies to restart operating several of its grounded aircraft, Pradeep Singh Kharola, secretary at the civil aviation ministry said
Jet Airways to fly 40 more planes by end April; in talks with leasing companies to restart operation of grounded aircraft
Gasping for funds and no bailout on the horizon, the crisis-hit Jet Airways reduced its operations to one-fourth from over 600 daily flights earlier, with just one-third of its 119 fleet being operational.
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.
Air India comfortable with crude $60-65 per barrel, anything beyond will erode bottomline: Pradeep Singh Kharola
Air India, which is under a massive debt burden of Rs 50,000 crore, had posted an operating profit of Rs 105 crore in 2015-16
Air India launched a direct flight between Amritsar and Sikh pilgrimage destination of Nanded in Maharashtra on Saturday
Air India new CMD Pradeep Singh Kharola takes charge amid talks of divestment of ailing national carrier
Air India is staying afloat on taxpayers' money as a result the government has decided on selling stake in the airline
With so many questions and few answers, what will the appointment of yet another bureaucrat as Air India CMD do? Won’t his hands be tied to the eventual fate of the disinvestment process, hindering day-to-day decision making?