3 attempts, 20 years: Why government was able to sell Air India this timeThe national carrier has been incurring losses ever since its merger with Indian Airlines in 2007. The secretary of Department of Investmen...
09 Oct, 2021, 12.31 AM IST
Air India finds a new address: Chronology of Air India privatisationJehangir Ratanji Dadabhoy (JRD) Tata founded the airline in 1932 and named it Tata Airlines. In 1946, the aviation division of Tata Sons wa...
08 Oct, 2021, 04.59 PM IST
Air India to operate weekly Indore-Dubai flight from Sep 1: Jyotiraditya Scindia"Great news for the people of Indore! Air India is going to start new services between Indore and Dubai that will operate once a week (on W...
23 Aug, 2021, 10.25 PM IST
Financial bids for Air India likely to be received by September 15: V K SinghThe Centre had invited Expression of Interests (EoIs) for Air India on January 27, 2020. The last date of submission -- after multiple exte...
22 Jul, 2021, 03.02 PM IST
Air India bidding process: All you need to knowThe deadline for submission of expression of interest (EoI) for the beleaguered national carrier Air India ends at 5 pm on Monday. In Octob...
18 Dec, 2020, 06.03 PM IST
Employees who submitted EOI should only do day-to-day work & not handle policy issues: Air IndiaIn an internal order issued on Wednesday, Air India stated that the aforementioned employees need to submit a "formal intimation of partici...
17 Dec, 2020, 09.34 PM IST
Govt likely to extend Air India bid deadline to December 14; investors to get flexibility on debtThe flexibility to potential investors on the quantum of the Rs 60,074 crore debt that they want to absorb will replace the current conditi...
29 Oct, 2020, 04.58 PM IST
Govt working on giving flexibility to Air India bidders to decide on debt: DIPAM SecyAs per the Air India EoI floated by DIPAM in January, of the airline's total debt of Rs 60,074 crore as of March 31, 2019, the buyer would ...
20 Oct, 2020, 03.55 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
Govt approves divestment of Air India; EoI to be out by this monthThe Amit Shah-led committee, which met today, approved all proposals on debt transfer from Air India to an SPV. “All issues have been clear...
07 Jan, 2020, 04.37 PM IST
Govt likely to ease minimum requirement to bid for Air IndiaAir India Express, Air India SATS are likely to be part of the stake sale deal.
27 Sep, 2019, 03.48 PM IST
Govt may go for 100% stake sale in Air IndiaAISAM is also likely to mull further transfer of debt to a special purpose vehicle (SPV).
13 Sep, 2019, 03.25 PM IST
Government extends bidding deadlines, clears cloud on Air India saleThe government has also clarified while the bidder will have to maintain arms-length distance with other firms.
01 May, 2018, 10.42 PM IST
EoI for Air India stake sale likely in couple of weeksA group of ministers is in the process of finalising the contours of strategic disinvestment of loss-making Air India.
23 Mar, 2018, 08.41 PM IST
Centre to expedite Air India's disinvestment: Civil aviation secretary R N Choubey"Our ministry is presently engaged in the important task of finding buyers for Air India, its subsidiaries and Pawan Hans.We are committed ...
08 Mar, 2018, 02.23 PM IST
Centre’s EoI draft gives 4 options to offload 51-100% in Air India“There are four options in the EoI draft — the government can keep 49%, 26%, 24% or 0% stake in Air India post divestment,” said a senior a...
22 Feb, 2018, 11.22 PM IST
Air India's unpaid bills likely to raise its debt figure"While there is clarity on Air India's borrowings from financial institutions, its unpaid fuel bills and airport charges are likely to rais...
15 Feb, 2018, 10.03 PM IST