Govt set to make equity infusion worth Rs 300 crore in Alliance AirAlliance Air, which earlier was a part of Air India, is currently owned by AI Assets Holding Ltd (AIAHL), a special-purpose vehicle formed ...
14 May, 2023, 05.10 PM IST
Govt may extend deadline to bid for Air IndiaInterested bidders can now have access to the "virtual data room" of Air India, officials said adding that more queries are expected to com...
25 Feb, 2020, 02.40 PM IST
Air India’s Jaipur-Agra flight suffering lossesA direct Air India flight was started between Jaipur and Agra in December 2017 under the Regional Connectivity Scheme with the hope that fo...
26 Dec, 2019, 07.12 AM IST
Govt likely to float bids for Air India sale next monthEoI inviting bids for 100% stake sale are likely to be floated either this month-end or next month. Bidding for the national carrier, which...
20 Oct, 2019, 02.26 PM IST
Civil aviation secretary chairs review meeting of Air IndiaThe meeting comes ahead of the airline's board meet, which scheduled to be held on October 22 for clearing the consolidated account stateme...
18 Oct, 2019, 10.20 PM IST
Air India Assets Holding raises another Rs 7,985 croreThese bonds have been subscribed at a rate of 7.39 per cent.
17 Oct, 2019, 04.33 PM IST
Air India Assets Holdings to raise Rs 22,000 cr through bondsA senior official told PTI that AIAHL would issue bonds worth Rs 7,000 crore on September 16.
12 Sep, 2019, 07.36 PM IST
Total 705 routes awarded under UDAN, 174 become operational: Aviation MinisterBased on their assessment of demand on particular routes, the airlines submit proposals at the time of bidding under UDAN scheme from time ...
03 Jul, 2019, 06.37 PM IST
As PMO wants quick disinvestment of its subsidiaries, AI asked to prepare FY19 financialsAfter a botched attempt to sell Air India in May last year, a panel led by Finance Minister Arun Jaitley had decided in June to scrap the s...
11 May, 2019, 05.18 PM IST
CPSEs under strategic sale asked to immediately prepare list of non-core assetsGovt has already identified about 35 CPSEs for strategic sale including Air India, Pawan Hans, BEML, Scooters India and Bharat Pumps Compre...
21 Apr, 2019, 11.23 AM IST
Cabinet clears SPV for transfer of Air India loans, subsidiariesThe Union Cabinet has given ex-post facto approval for the creation of the SPV and associated activities for the disinvestment of Air India...
28 Feb, 2019, 10.58 PM IST
Government plans to complete sale of Air India subsidiary AIATSL by MarchAir India is reeling under a huge debt burden of over Rs 50,000 crore and the government is planning to sell its non-core subsidiaries of t...
25 Nov, 2018, 11.57 AM IST
Finance Ministry drafting Asset Monetisation Framework for hiving off CPSEs' non-core bizGovt has set a disinvestment target of Rs 80,000 crore including strategic and minority stake sale in CPSEs
07 Oct, 2018, 09.08 PM IST
Air India terminates over 400 contractual employeesThe employees affected are those hired for non-technical roles and the move follows an order from the airline's Chairman and Managing Direc...
08 Jan, 2018, 09.45 PM IST
Airlines likely to hire over 7000 pilots in next 5 years: GovernmentThese vacancies are likely to emerge as Indian airlines plan to induct more than 900 aircraft into their fleets in the coming years.
28 Dec, 2017, 07.06 PM IST
Govt appoints RBSA as valuation advisors for disinvestment of Air IndiaThe government intends to sell Air India and its subsidiaries separately to maximise its earnings from the sale process.
24 Nov, 2017, 11.29 PM IST
- SC notice to Airline Allied Services Ltd for sacking 'overweight' airhostess
An airhostess whose contract was renewed because of her being 'overweight' today knocked the doors of the SC for getting her job back.
07 May, 2013, 05.48 PM IST