December 25, 2019 4:19 pm
As the government works out the modalities for the sale of the national carrier, the Indian Commercial Pilots' Association (ICPA) has also warned that they are in no position to work amid uncertainty over the airline's future.
December 15, 2019 11:00 am
Civil Aviation Minister Hardeep Singh Puri had told Parliament that the preparation of Preliminary Information Memorandum (PIM) for inviting Expression of Interest (EoI) for Air India disinvestment is in process.
November 27, 2019 6:49 pm
"Air India pilots are very well looked after and their salaries in relation to what other air carriers are offering is very good. In so far, resignations are concerned, I have not heard of any single case where anybody has resigned," Puri said.
May 02, 2019 7:23 am
The ED has told the court that in lieu of securing favourable traffic rights for three foreign airlines, Talwar received payments to the tune of Rs 272 crore during 2008-09.
July 31, 2017 8:33 pm
On June 28, the Cabinet Committee on Economic Affairs gave in-principle approval for considering strategic disinvestment of Air India and five of its subsidiaries. Sources said the move came after taking into consideration recommendations made by government think tank Niti Aayog and the core group of secretaries on disinvestment.
May 15, 2017 5:18 pm
Air India CMD Ashwani Lohani said: “The mountain of debt that we acquired appears insurmountable and is at the root of all the problems that manifest as symptoms to all and sundry.”
April 17, 2015 8:41 am
Ministries of home affairs, external affairs and defence accrued dues.
April 22, 2012 11:46 am
The debt-ridden carrier has outstanding loans and dues worth Rs 67,520 crore.
February 08, 2012 9:21 pm
Air India's debt restructuring will impose a burden of Rs 2,000 crore on the consortium of 14 lenders,said a senior finance ministry official here today.
December 31, 2011 10:40 am
Total debts of India's airlines are expected to rise to $20 billion in 2011/12 ending March.