Since the beginning of the year, the government has infused cash to the tune of Rs 1,630 crore in Air India, as opposed to the budgetary estimate of Rs 650 crore
The recent increase in jet fuel prices has further worsened the situation for the airline, a senior Air India official said
The board hosted a roadshow here Monday to showcase the cultural richness of the land and to give insights about famous tourist attractions of Tanzania.
The government has prepared a list of the airline's assets that could be hived off as part of the strategic sale plan for Air India and its subsidiaries.
When it comes to investing in airline stocks, resist till Air India persists, unless price becomes very compelling. We are not at that point yet, as one would guess, says ArunaGiri N of TrustLine Holdings.
The 256-seater Boeing 787 is majorly used for carrying out airline's European operations besides catering its services to Singapore, Japan, Australia, China, Thailand, Israel, South Korea and Dubai.
The tenure of the loan will be for one year (renewable) from the date of availing the STL. The banks have been asked to submit their bids by September 10.
Strategic sale of Air India Air Transport Service (AIATSL), which provides ground handling services, is being planned as part of the turnaround scheme for Air India which is reeling under a debt burden of Rs 48,000 crore at end of March 2017.
Qatar Airways CEO Akbar Al Baker has said that it is not interested in Air India's other functions such as ground handling and engineering
Air India has asked its cabin crew members to carry their documents and uniform even while they're on holiday, should the airline require them to report for duty.
India’s aviation sector recorded double-digit growth over the past four years, but there are troubling signs that must be addressed before this proposed expansion
Full service carriers are critically placed and could lose $1.75-2 billion in the current fiscal largely because of their uncompetitive cost base on domestic operations and a lack of profitability on international routes, it said.
The incident took place on August 30 when Air India flight AI 102 was on its way to New Delhi from New York
The court took on record an action taken report (ATR) filed by Delhi police and said 'prima facie' cognizable offences were made out which required detailed examination and collection of evidence.
The airline was granted a Rs 1,500 crore loan from Bank of Baroda last week, for which the government stood as the guarantor
Senior Civil Aviation Ministry officials appeared before the panel and briefed members about various issues related to the national carrier, sources said.
Air India has refused to comment on the issue
The Air India cabin crew uploaded a video on social media platform shot by them while dancing on Bollywood tunes.
The short-term loan Air India is raising from Bank of Baroda will be will be exhausted in funding commitments other than repayment of loans
Jet, Air India and Tata Group’s Vistara are the three FSCs (Full Service Carriers) in India.
Vistara said it will fly doctors, nurses, disaster management experts and skilled volunteers from accredited institutions and relief organisations in the national capital and Chennai to Thiruvananthapuram "free of cost".
The loss-making carrier has been facing cash paucity since the government stopped funding the airline following its decision to privatise it last year.
After the proposed strategic disinvestment of Air India failed to take off in May, the government has been looking at ways to bolster the carrier.
Flight AI229 from Dhaka to Kolkata was delayed by one hour. The flight, scheduled to depart at 9.25 pm, finally took off at about 10.30 pm.
The air hostess has alleged that she had been harassed for the last six years by the senior executive, describing him as a "predator" and equal, if not worse, than Harvey Weinstein