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PRIVATISE NATIONAL AIRLINE
Air India, Riyadh Air sign agreement to expand premium travel options between India, Saudi ArabiaIndia's leading global airline, Air India, and Saudi Arabia's new national carrier, Riyadh Air, have signed a Memorandum of Understanding (...- Air India, Riyadh Air sign pact to boost connectivity between India and Saudi ArabiaAir India and Riyadh Air have signed an MoU to enhance air connectivity between India and Saudi Arabia. The partnership will introduce code...
- Air India’s cabin glow-up is fighting the pressure of a brutal money heatAir India is undergoing a significant fleet overhaul, investing $400 million in refurbishing cabins with new seats, entertainment systems, ...
- Pakistan sells loss-making PIA for Rs 135 billion after competitive biddingPakistan has sold its national airline, PIA. The privatization process concluded with a sale price of Rs 135 billion. A consortium led by A...
- Privatisation of Pakistan International Airlines schedule for early August: ReportsIn the upcoming privatisation of Pakistan International Airlines, Finance Minister Muhammad Aurangzeb and Coordinator to Prime Minister Sha...
- Pakistan pushes back deadline for expressions of interest to buy national airlineThe extension, announced in a statement by Minister for Investment and Privatisation Abdul Aleem Khan, came a day before the expressions of...
- Pakistan to privatise loss-making national airline; govt plans to outsource airport operations in line with IMF dealThe committee also backed the hiring of a financial adviser to process the transaction of Roosevelt Hotel, New York, an asset of the PIAInv...
- Private ownership is nothing new, successful privatisations have led to consolidation & access to capitalA team from the Indian national carrier was sent to London to study the process, said S Venkat, an Air India veteran who retired as directo...
- AI needs to be privatised; cooperation of employees important: Hardeep Singh Puri tells union representativesAt a meeting with some 13 Air India unions in Delhi, Puri also said that the government was trying to address the concerns of the employees...
- Union warns of united struggle against Air India sale bidACEU has also decided to launch a "united struggle" against privatisation bid which has already failed twice in the past, union said in a s...
- Privatisation can bring Air India back to its past glory:Jayant SinhaUnion Minister Jayant Sinha today said the private sector had the nous, and could run airlines "far better" than the government could.
- Air India not to be sold to foreign carriers: FDI policyIn the consolidated FDI policy released on Monday, New Delhi said that the rule allowing foreign carriers to own up to 49% in Indian carrie...
- Waive Air India's debt, instead of selling it: Workers' unionHowever, the move may have come a little too late as hours later the Union Cabinet gave its in-principle approval for the disinvestment of ...
- Air India privatisation welcome but clear salary dues first: PilotsFacing tough financial conditions, Air India had resorted to salary cuts in 2012. Since then, arrears have been accumulating even as certai...
- Committee of Secretaries formed to discuss Air India’s privatisationThe committee will discuss recommendations on Air India and will decide on the method of privatisation for the national carrier.
- Cabinet likely to take call soon on Air India privatisationA top government official today said the Cabinet is expected to take a decision on whether to privatise Air India, whose financial situatio...
- Pakistan parliament to clear decks for privatisation of PIAFlight operations of PIA were suspended for over a week last month due to a countrywide strike by its employees against the planned privati...
- 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...
- Air India should be partly privatised, says studyAir India should be partly privatised as private investors will focus on maximising profit and in turn solve the carrier's operational issu...
- Bahrain to privatise Gulf Air as soon as possibleBahrain plans to privatise national carrier Gulf Air as soon as possible encouraged by positive results in its restructuring, a senior gove...
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