Monday, Sep 26, 2022

air india debt


Air India takeover: Finalising directors first step in long overhaul

January 29, 2022 10:35 am

🔴 Tata Group is in closing stages of finalising the executive, non-executive directors for the new board

Privatisation plans lagging Budget target, Air India disinvestment a booster shot

January 28, 2022 7:19 am

🔴 LIC IPO may help Centre partly bridge FY22 disinvestment target

Pay dues immediately, allows us to quit without notice period: Air India pilots

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.

Air India needs to survive till it is sold: CMD Ashwani Lohani

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.

Air India will have to be closed if not privatised: Aviation Minister to Parliament

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.

ED to court: Praful Patel is ‘dear friend’ of arrested Deepak Talwar

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.

Air India's current business 'not sustainable': Government tells Parliamentary panel

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.

Air India chief says debts insurmountable: Here is the debt he spoke about

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.”

Govt arms owe Rs 600 crore to Air India for VVIP travel

April 17, 2015 8:41 am

Ministries of home affairs, external affairs and defence accrued dues.

Air India on revival mode,looks to wipe off losses in 6 years

April 22, 2012 11:46 am

The debt-ridden carrier has outstanding loans and dues worth Rs 67,520 crore.