Air India paid 'avoidable' Rs 43.85 cr penalty for non-compliance with contractual timelines: CAGAir India shelled out an "avoidable" penalty of Rs 43.85 crore to Boeing for non-adherence with the contractually stipulated timelines unde...
21 Dec, 2021, 11.13 PM IST
Air India profitable under GAAP, says Jayant SinhaOn March 10, the Comptroller and Auditor General (CAG) had said that Air India "actually incurred" an operating loss of Rs 321.4 crore in 2...
15 Mar, 2017, 09.05 PM IST
Air India sold 5 Boeing planes at 'significantly' low cost: CAGAccording to the CAG, two parties, Etihad Airways of UAE and German Aviation Capital, Frankfurt, responded to open tender floated by AI in ...
10 Mar, 2017, 06.26 PM IST
- CAG raps Air India for Rs 15 crore 'wasteful' expenditure
Air India today came in for severe criticism from CAG for "wasteful expenditure" of over Rs.15 crore on several counts.
04 Sep, 2012, 05.12 PM IST
- Air India loses exclusive rights on bilateral traffic
The civil aviation ministry on Tuesday allowed all domestic carriers to use bilateral air traffic rights to fly to foreign countries.
15 Feb, 2012, 03.17 AM IST
- Civil Aviation Ministry officers to face PAC tomorrow
Top officials of the Civil Aviation Ministry will face some tough questions from Parliament's Public Accounts Committee tomorrow on a CAG r...
10 Jan, 2012, 04.25 PM IST
- HC notice to Centre for CVC inquiry in Air India aircraft deal
Delhi High Court sought response from the Centre on an NGO's plea seeking a direction to CVC to inquire into purchase orders of aircrafts.
12 Oct, 2011, 09.48 PM IST
- Air India management misused funds: CAG report
Comptroller and Auditor General's (CAG) report on Air India draws attention to unscrupulous borrowing by the airline owing to gross mismana...
29 Sep, 2011, 10.33 AM IST
- CAG Report: RIL notified KGD6 discoveries without details, Air India has accumulated debt of Rs 38,000 crore
CAG report on AI covers, among other things, the purchase of 111 aircraft for over Rs 40,000 cr. The report said that AI has accumulated de...
29 Sep, 2011, 10.08 AM IST
- Praful Patel defends himself, says CAG report 'full of contradictions'
Dubbing the CAG report on Air India as "full of contradictions", Praful said the airline would have closed down if new planes were not adde...
09 Sep, 2011, 10.35 PM IST
- CAG indicts Air India: Government defends acquisition of 111 aircraft
The Comptroller and Auditor General had criticised the government on the fleet acquisition exercise financed almost entirely through debt.
09 Sep, 2011, 10.34 PM IST
- Everybody's wiser in the hindsight: Praful Patel, Former Aviation Minister
The government consciously decided to run Air India in the public sector. The whole system was aware that AI could not buy planes on its ow...
09 Sep, 2011, 06.31 AM IST
- CAG's report on aviation strongly indicts the state ownership of airlines
CAG's report on civil aviation has tended to focus on the putative wrongs of the ministry in granting liberal bilateral rights to foreign a...
09 Sep, 2011, 05.25 AM IST
- CAG says AI under-reported losses in 2009-10
CAG has found discrepancies in Air India's accounts which show that the airline under-reported its losses in 2009-10 by over Rs 3,000 crore.
09 Feb, 2011, 06.49 PM IST
- Aircraft buy to hit AI financials from this year: CAG
The Comptroller and Auditor General is likely to strongly criticise a decision by Air India to spend 50,000 crore to buy 111 new aircraft.
01 Feb, 2011, 02.32 AM IST
- CAG questions 111 aircraft for Air India
The CAG is also understood to be looking into the handling of Air India's routes and which of these the airline has withdrawn and why.
31 Jan, 2011, 02.45 AM IST
- CAG asks govt why it bought 111 planes for Air India
The Comptroller and Auditor General (CAG) is understood to have questioned government's reasoning to order 111 planes for Air India for alm...
30 Jan, 2011, 11.11 AM IST