Government Open To Selling Part Of Air India To Foreign Airline: Report
Business | Thomson Reuters | Wednesday September 18, 2019
Government is open to selling a partial stake in debt-laden state-run carrier Air India to a foreign airline, people familiar with the matter said on Wednesday.
India Open To Selling Part Of Air India To Foreign Airline: Report
India News | Reuters | Wednesday September 18, 2019
India is open to selling a partial stake in debt-laden state-run carrier Air India to a foreign airline, people familiar with the matter said on Wednesday.
Air India Owes Rs 4,500 Crore To Fuel Retailers, Hasn't Paid In 200 Days, Say Officials
Business | Press Trust of India | Friday August 23, 2019
IOC, BPCL and HPCL more than a week back jointly wrote to Air India seeking expeditious clearance of the dues, failing which they will be constrained to take action.
Government's Plan To Ensure Air India Sale By End Of This Year: Report
Business | Siddhartha Singh, Bloomberg | Tuesday July 16, 2019
Air India, which is surviving on Rs 30,000 croretaxpayer-funded bailout, has failed to maintain its market dominance as a slew of carriers including InterGlobe Aviation and SpiceJet started to offer ultra-cheap, on-time flights more than a decade ago.
Air India Seeks Nod For Rs 2,400 Crore Loan From National Small Savings Fund
Business | Indo-Asian News Service | Wednesday May 29, 2019
Air India is currently surviving on a Rs 30,000 crore bailout plan cleared by the UPA-II government in 2012.
More Flying Hours Per Plane: Debt-Hit Air India's Plan To Cut Losses
India News | Press Trust of India | Tuesday February 12, 2019
State-owned Air India is planning to increase the daily utilisation of its aircraft both on domestic as well as international routes, a senior company official said on Tuesday.
Government To Allocate Rs 3,900 Crore To Service Air India Debt
India News | Press Trust of India | Friday February 1, 2019
The government will provide a total of Rs 3,900 crore for servicing Air India's loans transferred to a special purpose vehicle, according to budget documents.
Air India Debt To Be Transferred To Special Purpose Vehicle: Official
Business | Indo-Asian News Service | Friday November 30, 2018
Decision to transfer the Rs 29,000-crore debt to Air India Assets Holding was taken by an inter-ministerial panel, says official.
Government To Divest Stake In Air India Ground Handling Subsidiary
Business | Indo-Asian News Service | Tuesday November 27, 2018
An inter-ministerial panel decided on Tuesday to divest the government's 100 per cent stake in Air India Air Transport Services Limited (AIATSL).
Government Owes 1,146.86 Crore Rupees To Air India For VVIP Charter Flights
Business | Press Trust of India | Sunday September 30, 2018
The Comptroller and Auditor General had flagged the issue of pending payments from the government to Air India in its report in 2016.
Air India Seeks Loan To Meet Expenses, May Salaries To Be Paid Soon. 5 Developments
Business | Agencies | Saturday June 9, 2018
Air India has invited bids from financial institutions and banks for a Rs 1,000-crore government guarantee-backed Short Term Loan (STL).
Air India To Be Split Into Four Separate Companies For Sale, Says Minister Jayant Sinha
Business | Anurag Kotoky, Bloomberg | Monday January 15, 2018
The airline, which is surviving on a taxpayer-funded bailout, has strained government finances for decades, and Finance Minister Arun Jaitley said last year that money spent on Air India could have been used for education.
Air India Seeks Rs 1,500 Crore Loan To Continue Operations
Business | Press Trust of India | Friday December 8, 2017
The airline is burdened with accumulated losses and debt to the tune of over Rs 52,000 crore.
Air India Gets Rs 1,500 Crore Loan From Bank of India For Working Capital Needs
Business | Press Trust of India | Sunday November 12, 2017
Debt-laden Air India has received a loan worth of Rs 1,500 crore from Bank of India to meet urgent working capital needs less than a month after floating a tender in this regard
Air India May Renegotiate Contracts With Key Vendors
Business | Press Trust of India | Sunday October 22, 2017
Air India chief Rajiv Bansal, who has been working on ways to improve the airline's on time performance (OTP) and prune costs on various fronts, has set up a task force comprising four teams to put together a strategy before engaging with vendors, according to a source.
FDI in aviation: Will it help?
Jan 18, 2012
Government Open To Selling Part Of Air India To Foreign Airline: Report
Business | Thomson Reuters | Wednesday September 18, 2019
Government is open to selling a partial stake in debt-laden state-run carrier Air India to a foreign airline, people familiar with the matter said on Wednesday.
India Open To Selling Part Of Air India To Foreign Airline: Report
India News | Reuters | Wednesday September 18, 2019
India is open to selling a partial stake in debt-laden state-run carrier Air India to a foreign airline, people familiar with the matter said on Wednesday.
Air India Owes Rs 4,500 Crore To Fuel Retailers, Hasn't Paid In 200 Days, Say Officials
Business | Press Trust of India | Friday August 23, 2019
IOC, BPCL and HPCL more than a week back jointly wrote to Air India seeking expeditious clearance of the dues, failing which they will be constrained to take action.
Government's Plan To Ensure Air India Sale By End Of This Year: Report
Business | Siddhartha Singh, Bloomberg | Tuesday July 16, 2019
Air India, which is surviving on Rs 30,000 croretaxpayer-funded bailout, has failed to maintain its market dominance as a slew of carriers including InterGlobe Aviation and SpiceJet started to offer ultra-cheap, on-time flights more than a decade ago.
Air India Seeks Nod For Rs 2,400 Crore Loan From National Small Savings Fund
Business | Indo-Asian News Service | Wednesday May 29, 2019
Air India is currently surviving on a Rs 30,000 crore bailout plan cleared by the UPA-II government in 2012.
More Flying Hours Per Plane: Debt-Hit Air India's Plan To Cut Losses
India News | Press Trust of India | Tuesday February 12, 2019
State-owned Air India is planning to increase the daily utilisation of its aircraft both on domestic as well as international routes, a senior company official said on Tuesday.
Government To Allocate Rs 3,900 Crore To Service Air India Debt
India News | Press Trust of India | Friday February 1, 2019
The government will provide a total of Rs 3,900 crore for servicing Air India's loans transferred to a special purpose vehicle, according to budget documents.
Air India Debt To Be Transferred To Special Purpose Vehicle: Official
Business | Indo-Asian News Service | Friday November 30, 2018
Decision to transfer the Rs 29,000-crore debt to Air India Assets Holding was taken by an inter-ministerial panel, says official.
Government To Divest Stake In Air India Ground Handling Subsidiary
Business | Indo-Asian News Service | Tuesday November 27, 2018
An inter-ministerial panel decided on Tuesday to divest the government's 100 per cent stake in Air India Air Transport Services Limited (AIATSL).
Government Owes 1,146.86 Crore Rupees To Air India For VVIP Charter Flights
Business | Press Trust of India | Sunday September 30, 2018
The Comptroller and Auditor General had flagged the issue of pending payments from the government to Air India in its report in 2016.
Air India Seeks Loan To Meet Expenses, May Salaries To Be Paid Soon. 5 Developments
Business | Agencies | Saturday June 9, 2018
Air India has invited bids from financial institutions and banks for a Rs 1,000-crore government guarantee-backed Short Term Loan (STL).
Air India To Be Split Into Four Separate Companies For Sale, Says Minister Jayant Sinha
Business | Anurag Kotoky, Bloomberg | Monday January 15, 2018
The airline, which is surviving on a taxpayer-funded bailout, has strained government finances for decades, and Finance Minister Arun Jaitley said last year that money spent on Air India could have been used for education.
Air India Seeks Rs 1,500 Crore Loan To Continue Operations
Business | Press Trust of India | Friday December 8, 2017
The airline is burdened with accumulated losses and debt to the tune of over Rs 52,000 crore.
Air India Gets Rs 1,500 Crore Loan From Bank of India For Working Capital Needs
Business | Press Trust of India | Sunday November 12, 2017
Debt-laden Air India has received a loan worth of Rs 1,500 crore from Bank of India to meet urgent working capital needs less than a month after floating a tender in this regard
Air India May Renegotiate Contracts With Key Vendors
Business | Press Trust of India | Sunday October 22, 2017
Air India chief Rajiv Bansal, who has been working on ways to improve the airline's on time performance (OTP) and prune costs on various fronts, has set up a task force comprising four teams to put together a strategy before engaging with vendors, according to a source.
FDI in aviation: Will it help?
Jan 18, 2012
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