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Mumbai airport runway reopens after four days
Sep 05, 2011 at 08:29 | Source: PTI
After remaining shut for four days, the main runway of the Mumbai airport was today reopened after a team of engineers towed away a Turkish Airways' Airbus 340 aircraft, which got stuck in the mud when it skidded off the tarmac, airport officials said.
ICICI Bank gets mandate for Air India loan refinance
Jan 20, 2011 at 10:02 | Source: Reuters
Air India has given ICICI Bank the mandate to refinance loans to purchase 21 Airbus A 320 aircraft worth Rs 5,500 crore, it said late on Wednesday.
AI targets Rs 500-cr wage cost reduction
Jun 23, 2009 at 08:28 | Source: Business Line
Air India is targeting a reduction of almost 17 per cent or Rs 500 crore of its annual wage bill of more than Rs 3,000 crore. The airline is passing through a severe financial crisis, losing almost Rs 15 crore a day.
Scandinavian Airlines launches operations in India
Nov 04, 2008 at 13:07
SAS Scandinavian Airlines this week launched its new Delhi-Copenhagen service, the only non-stop route between India and Scandinavia.
Champagne Ind allocate $ 500 mn for buyout; stk down
Sep 29, 2008 at 13:32 | Source: Moneycontrol.com
Champagne Indage has touched a 52-week low of Rs 336.25. At 1:21 pm, the share was quoting at Rs 340, down Rs 11.65, or 3.31%. ccording to sources, the company has put aside USD 500 million for buying company overseas, reports Newswire18.
Air India hopes to save Rs 1,500 cr from cost cutting
Aug 25, 2008 at 08:49 | Source: Business Line
Air India is working on a multi-pronged cost reduction strategy, which the management hopes will help save about Rs 1,500 crore or 10 per cent of the annual cost platform of the airline.

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