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.
Air India, Looking for Buyers, Seeks 1,500 Crore In Short Term Loans
Business | Press Trust of India | Friday October 20, 2017
This is the second time in little over a month that Air India has floated tenders for short tenure loans.
Latest On Air India Sale In 10 Points: Government Prefers Domestic Buyer
Business | NDTV Profit Team | Monday October 16, 2017
The government would prefer selling Air India, its debt-laden carrier to a domestic buyer, news agency Reuters reported citing a government source on Monday. It is mulling to sell the airline's various businesses - which include ground-handling, domestic operations and international flights - in parts, the report added. The state-run carrier, which...
Air India Plans To Take Rs 3,250 Crore Loans For 'Urgent' Capital Needs
Business | Press Trust of India | Wednesday September 13, 2017
Air India, which is staying afloat on taxpayers' funds, expects to get the central government's guarantee for the proposed borrowings shortly.
Don't Want Air India To Go Kingfisher Way, Says Aviation Minister Raju
Business | Press Trust of India | Friday August 25, 2017
The state-run carrier has a debt burden of more than Rs 50,000 crore.
Writing Off Some Air India Debt Could Be A Wise Move: Arvind Panagariya
Business | Press Trust of India | Wednesday August 9, 2017
Following a suggestion by Niti Aayog, the government is endeavouring to privatise the state-owned carrier and a committee has been set up under Finance Minister Arun Jaitley to carry forward the process.
Air India Seeks $740 Million Loan To Finance Purchase Of 6 Boeing Planes
Business | Press Trust of India | Monday August 7, 2017
The government is working on a strategic disinvestment of its stake in loss-making Air India.
Air India Salaries Delayed, Payments by Aug 5, Says Airline
India News | Press Trust of India with NDTV inputs | Friday August 4, 2017
The delay in salaries comes at a time when the government is working on divesting stake in the airline.
Selling Debt-Laden Air India Easier Said Than Done Says Niti Aayog's Panagariya
Business | Press Trust of India | Friday June 2, 2017
With a debt burden of Rs 52,000 crore, the government may have to decide if it should write off of some of its debt, NITI Aayog Vice Chairman Arvind Panagariya said
Arun Jaitley, Aviation Minister Raju Discuss Future Course for Air India
Business | Press Trust of India | Thursday June 1, 2017
Air India is saddled with nearly Rs 50,000 crore debt.
Government Mulling Exiting Air India: Finance Minister Arun Jaitley
India News | Indo-Asian News Service | Saturday May 27, 2017
Finance Minister Arun Jaitley today said the government was considering exiting Air India operations.
FDI in aviation: Will it help?
Jan 18, 2012
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.
Air India, Looking for Buyers, Seeks 1,500 Crore In Short Term Loans
Business | Press Trust of India | Friday October 20, 2017
This is the second time in little over a month that Air India has floated tenders for short tenure loans.
Latest On Air India Sale In 10 Points: Government Prefers Domestic Buyer
Business | NDTV Profit Team | Monday October 16, 2017
The government would prefer selling Air India, its debt-laden carrier to a domestic buyer, news agency Reuters reported citing a government source on Monday. It is mulling to sell the airline's various businesses - which include ground-handling, domestic operations and international flights - in parts, the report added. The state-run carrier, which...
Air India Plans To Take Rs 3,250 Crore Loans For 'Urgent' Capital Needs
Business | Press Trust of India | Wednesday September 13, 2017
Air India, which is staying afloat on taxpayers' funds, expects to get the central government's guarantee for the proposed borrowings shortly.
Don't Want Air India To Go Kingfisher Way, Says Aviation Minister Raju
Business | Press Trust of India | Friday August 25, 2017
The state-run carrier has a debt burden of more than Rs 50,000 crore.
Writing Off Some Air India Debt Could Be A Wise Move: Arvind Panagariya
Business | Press Trust of India | Wednesday August 9, 2017
Following a suggestion by Niti Aayog, the government is endeavouring to privatise the state-owned carrier and a committee has been set up under Finance Minister Arun Jaitley to carry forward the process.
Air India Seeks $740 Million Loan To Finance Purchase Of 6 Boeing Planes
Business | Press Trust of India | Monday August 7, 2017
The government is working on a strategic disinvestment of its stake in loss-making Air India.
Air India Salaries Delayed, Payments by Aug 5, Says Airline
India News | Press Trust of India with NDTV inputs | Friday August 4, 2017
The delay in salaries comes at a time when the government is working on divesting stake in the airline.
Selling Debt-Laden Air India Easier Said Than Done Says Niti Aayog's Panagariya
Business | Press Trust of India | Friday June 2, 2017
With a debt burden of Rs 52,000 crore, the government may have to decide if it should write off of some of its debt, NITI Aayog Vice Chairman Arvind Panagariya said
Arun Jaitley, Aviation Minister Raju Discuss Future Course for Air India
Business | Press Trust of India | Thursday June 1, 2017
Air India is saddled with nearly Rs 50,000 crore debt.
Government Mulling Exiting Air India: Finance Minister Arun Jaitley
India News | Indo-Asian News Service | Saturday May 27, 2017
Finance Minister Arun Jaitley today said the government was considering exiting Air India operations.
FDI in aviation: Will it help?
Jan 18, 2012
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