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UK military says a bulk carrier near Strait of Hormuz reports being attackedA bulk carrier near the Strait of Hormuz reported an attack by small craft. Iran has presented a new proposal to the United States. This pl...- After long years in wilderness, Air India is likely to get a new owner todayModi government for quite some time had been seeking to offload its entire in the state-owned airline. The structure include Air India's 10...
- Air India plans legal, tech audit to attract buyersThe government’s attempt to sell 76% stake in the airline drew a blank last time, forcing it to do a course correction that included plans ...
- Air India holds board meeting amid bailout talks: SourcesDetails about discussions at the board meeting could not be immediately ascertained.
- Pakistan plans privatisation of PIA as part of deal with IMFPakistan will privatise PIA, its loss-making national carrier as part of a deal with the IMF which is pushing the country to get rid of the...
- Marans' goodbye to SpiceJet is a 'good buy' for Ajay Singh: ExpertsFormer SpiceJet co-promoter Ajay Singh's decision to acquire the ailing carrier from Maran family is a "good buy" said it also bodes well f...
- Kingfisher Airlines shares tank 5 pc on buzz CEO Sanjay Aggarwal has quitShares of Kingfisher Airlines today fell by nearly 5 per cent amid media reports saying its chief executive officer Sanjay Aggarwal has res...
- Government won't allow Kingfisher Airlines to fly planes if safety rules are not met: Ajit SinghSingh said the civil aviation regulator will meet Kingfisher executives on Tuesday. He said the airline had cancelled all its flights thus ...
- Air India gives away Rs 20 crore per year profit to AIATSLThe ailing carrier Air India has handed over its profitable 'aircraft ground handling' business in Thiruvananthapuram (TVM) airport and a p...
- Kingfisher Airlines' lenders to meet on WednesdayThe consortium of lenders to the near-bankrupt Kingfisher Airlines (KFA) will meet here on Wednesday to discuss the way forward with their ...
- HPCL stops jet fuel supply to Kingfisher AirlinesIn fresh trouble for Kingfisher Airlines, state-owned Hindustan petroleum stopped jet fuel supplies to the ailing carrier due to non-paymen...
- Decision soon on additional equity infusion in Air IndiaA decision on additional equity infusion in Air India is likely soon with the Civil Aviation Ministry moving a Cabinet note on the matter.
- Cabinet to take up AI expansion plan after RBI report: Vayalar RaviRavi said once RBI reviews the report on financial restructuring, the issues of equity infusion and acquisition of Dreamliners would be tab...
- Star Alliance suspends AI's integration into networkAir India was given a deadline of July 31 to meet all standards and criteria to join the Star Alliance network.
- AI faces Rs 67,000 crore worth losses and debtAI hopes the govt would take an expeditious decision to infuse more funds to boost its rapidly dwindling financial position.
- Air India asks govt to pay Rs 173 crore in duesFaced with a Rs 40K cr debt burden, AI has urged govt to soon clear some of its dues to enable it disburse salaries to its staff this month.
- Air India grounds 20 flights after oil companies refuse jet fuelCash-strapped Air India was forced to ground 20 flights on Friday after oil companies refused to supply jet fuel for non-payment of dues.
- Govt may approve Rs 800 cr infusion in Air India: Praful PatelThe airline, which has been incurring losses since 2004-05, currently has 111 aircraft on order. Singapore Airshow 2010 | Sukhoi's first st...
- Ministers to meet on equity infusion into Air India on Feb 3The issue of equity infusion into Air India and a review of its turnaround plans are expected to come up for a discussion by a Group of Min...
- Govt to infuse additional equity in Air IndiaGovt is understood to have decided to infuse additional equity in Air India and give a soft loan to counter financial crunch, as a high-lev...
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