This is the first time since March 2007 that there has been any sign of recovery in Air India.
The NACIL board has appointed Austrian Airlines executive vice-president (flight operations) Gustav Baldauf as Air Indias new chief operating officer.
Facing a severe cash crunch,Air India has deferred payment of March salary to its employees.
Air India has recorded 19.5 per cent rise in sales revenue in the Gulf-India route in the past three months.
The Union Cabinet is set to meet soon to decide if beleaguered state-owned carrier Air India should retain its national character at all.
The All India Cabin Crew Association which claims to be the majority cabin crew union in national carrier Air India…
The aviation industry continues to see plummeting growth with February air traffic growth figures plunging 17 per cent year-on-year.
Air traffic in the first two months of this year showed a major growth of 19.2 per cent.
With Indians and assets in Afghanistan coming under constant attack from Taliban and Al Qaeda,Air India has beefed up security in flights to and from Kabul.
After receiving a shot in the arm of Rs 800 crore recently,state-owned Air India may get some relief in the form of a letter of comfort from…
State-owned National Aviation Company of India Limited,or Air India,is expected to incur a loss of around Rs 5,400 crore during the year 2009-10,civil aviation minister Praful Patel said today.
The total loss incurred in the past three financial years is likely to reach Rs 13,174.16 cr.
Air India CMD Arvind Jadhav seems to have run into rough times at the Civil Aviation Ministry,including with minister Praful Patel.
Faced with accumulated losses of Rs 7,200 crore,national carrier Air Indias deteriorating condition has forced the government to push for privatisation of the carrier.
The government has appointed four new non-official part-time directors on the board of the National Aviation Company of India Limited (NACIL) for a period of three years….