Government To Start Air India Roadshows In Singapore This Week: Report
Business | Indo-Asian News Service | Monday November 11, 2019
The national carrier has a debt of Rs 57,000 crore and the bids will be invited for 100 per cent stake.
"No Interest In Buying Stake In Air India, Only IndiGo": Qatar Airways
Business | Press Trust of India | Thursday November 7, 2019
Qatar Airways CEO said that he is interested in buying a stake in IndiGo but this is not the right time as issues among promoters are yet to be resolved.
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.
Amit Shah-Led Panel To Take Call On Air India Reserve Price For Sale: Report
Business | Indo-Asian News Service | Tuesday September 10, 2019
In the financial year ending March 31, 2019 Air India is estimated to have reported a loss of Rs 7,600 crore.
Government Says Business Environment Not Good For Air India Sale In Immediate Future
Business | Thomson Reuters | Thursday June 27, 2019
The aviation sector is facing turmoil with one of its biggest private carriers, Jet Airways, facing bankruptcy, while passenger growth in the market overall has slowed.
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.
Plan To Revive Air India Going Through Government Approval: Jayant Sinha
India News | Indo-Asian News Service | Friday September 28, 2018
The revival plan for debt-laden national carrier Air India is going through the government's approval process, an official said on Thursday.
Talks On Air India Bailout Package At Advanced Stage, Says Government
Business | Thomson Reuters | Wednesday September 26, 2018
The government has been working on a package for Air India after plans to sell a majority stake in the debt-laden airline failed this year due to a lack of interest from bidders.
Air India Gets Default Notices From Banks, Aircraft Lessors: Report
Business | Thomson Reuters | Monday July 30, 2018
San Francisco, United States-based Wells Fargo Trust Services and UAE's state-owned Dubai Aerospace Enterprise (DAE) have sent letters of demand for pending rental payments, the newspaper said, citing sources.
Centre To Revisit Air India Stake Sale After Oil prices Stabilise
India News | Indo-Asian News Service | Wednesday July 18, 2018
Saying that the present environment is "not conducive" for it, Minister of State for Civil Aviation Jayant Sinha told Rajya Sabha that the issue would be revisited once global economic indicators, including oil prices and forex conditions stabilize.
Government Mulls Injecting Fresh Capital Into Air India
Business | Indo-Asian News Service | Friday July 6, 2018
Civil Aviation Secretary R. N. Choubey said a decision on infusing fresh capital in Air India would be taken very soon.
Government Did What It Could With "Sincerity" For Air India: PM Modi
India News | Press Trust of India | Monday July 2, 2018
Prime Minister Narendra Modi has said the government has done what it had to with "utmost sincerity" for Air India and emphasized the need to differentiate between lack of response to one sale offer and a policy decision.
Air India Looks Forward To Additional Rs 1,000 Crore Revenue After Revamp Of Premium Seats
Business | NDTV Profit Team | Saturday June 23, 2018
As of now, the occupancy rate of business and first class seats in Air India is a modest 60 percent in the flights to North America and Europe.
"Air India Stake Sale Review Soon," Says Centre After Plan Put On Hold
India News | Edited By Swati Bhasin (with inputs from agencies) | Wednesday June 20, 2018
The government will soon review the plan for strategic disinvestment of Air India, Union Minister Jayant Sinha said today, a day after the centre said it has decided to put the stake sale in the national carrier on hold.
Government To Start Air India Roadshows In Singapore This Week: Report
Business | Indo-Asian News Service | Monday November 11, 2019
The national carrier has a debt of Rs 57,000 crore and the bids will be invited for 100 per cent stake.
"No Interest In Buying Stake In Air India, Only IndiGo": Qatar Airways
Business | Press Trust of India | Thursday November 7, 2019
Qatar Airways CEO said that he is interested in buying a stake in IndiGo but this is not the right time as issues among promoters are yet to be resolved.
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.
Amit Shah-Led Panel To Take Call On Air India Reserve Price For Sale: Report
Business | Indo-Asian News Service | Tuesday September 10, 2019
In the financial year ending March 31, 2019 Air India is estimated to have reported a loss of Rs 7,600 crore.
Government Says Business Environment Not Good For Air India Sale In Immediate Future
Business | Thomson Reuters | Thursday June 27, 2019
The aviation sector is facing turmoil with one of its biggest private carriers, Jet Airways, facing bankruptcy, while passenger growth in the market overall has slowed.
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.
Plan To Revive Air India Going Through Government Approval: Jayant Sinha
India News | Indo-Asian News Service | Friday September 28, 2018
The revival plan for debt-laden national carrier Air India is going through the government's approval process, an official said on Thursday.
Talks On Air India Bailout Package At Advanced Stage, Says Government
Business | Thomson Reuters | Wednesday September 26, 2018
The government has been working on a package for Air India after plans to sell a majority stake in the debt-laden airline failed this year due to a lack of interest from bidders.
Air India Gets Default Notices From Banks, Aircraft Lessors: Report
Business | Thomson Reuters | Monday July 30, 2018
San Francisco, United States-based Wells Fargo Trust Services and UAE's state-owned Dubai Aerospace Enterprise (DAE) have sent letters of demand for pending rental payments, the newspaper said, citing sources.
Centre To Revisit Air India Stake Sale After Oil prices Stabilise
India News | Indo-Asian News Service | Wednesday July 18, 2018
Saying that the present environment is "not conducive" for it, Minister of State for Civil Aviation Jayant Sinha told Rajya Sabha that the issue would be revisited once global economic indicators, including oil prices and forex conditions stabilize.
Government Mulls Injecting Fresh Capital Into Air India
Business | Indo-Asian News Service | Friday July 6, 2018
Civil Aviation Secretary R. N. Choubey said a decision on infusing fresh capital in Air India would be taken very soon.
Government Did What It Could With "Sincerity" For Air India: PM Modi
India News | Press Trust of India | Monday July 2, 2018
Prime Minister Narendra Modi has said the government has done what it had to with "utmost sincerity" for Air India and emphasized the need to differentiate between lack of response to one sale offer and a policy decision.
Air India Looks Forward To Additional Rs 1,000 Crore Revenue After Revamp Of Premium Seats
Business | NDTV Profit Team | Saturday June 23, 2018
As of now, the occupancy rate of business and first class seats in Air India is a modest 60 percent in the flights to North America and Europe.
"Air India Stake Sale Review Soon," Says Centre After Plan Put On Hold
India News | Edited By Swati Bhasin (with inputs from agencies) | Wednesday June 20, 2018
The government will soon review the plan for strategic disinvestment of Air India, Union Minister Jayant Sinha said today, a day after the centre said it has decided to put the stake sale in the national carrier on hold.
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