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Friday, March 5, 2021

Air India

Centre may intimate qualified bidders for Air India by Jan 30

New Delhi, Jan 15 (IANS): The Centre is likely to intimate the qualified bidders for national carrier Air India by the end of the month, as the evaluation of the expressions of interest (EoI) is still underway, official sources said. The government...

Air strike: Airlines swing into action as vaccine transport commences all India

New Delhi, Jan 12 (IANS) The country's civil aviation sector swung into action on Tuesday for providing the expeditious logistical support to the roll-out of India's mega anti-Covid vaccination drive. Accordingly, nine flights operated by various domestic airlines ferried 56.5...

Air India Express deploys robotic technology to disinfect aircraft

New Delhi, Jan 7 (IANS) Air India Express on Thursday said that it has become India's first airline to introduce robotic technology to disinfect and clean aircraft interiors. The airline on Thursday used a robotic device fitted with an UV...

Phase-II of Air India disinvestment to start Jan 5

New Delhi, Dec 29 (IANS) The second phase of the strategic disinvestment of Air India will start on January 5, 2021 with the announcement of the names of the qualified bidders. The process has been divided into two stages. In stage...

Air India to raise Rs 6,150 crore in short term loan for aircraft refinancing

New Delhi, Nov 13 (IANS) Air India is raising Rs 6150 crore in short-term loans to refinance foreign currency bridge loans taken to buy seven Boeing 787 and 777 aircraft. Air India is looking to repay its aircraft debt towards...

Govt may sweeten deal further for Air India sale bid

New Delhi, Oct. Oct 21 (IANS) The government may further extend the date for submission of bids for Air India sale date beyond October 30 to give investors more time to make an offer while sweetening the deal terms further,...

Air India facing a very challenging financial situation: Hardeep Puri

New Delhi, Oct 15 (IANS) Civil Aviation Minister Hardeep Puri has called Air India's leave without pay (LWP) scheme a "win-win for employees and management", and pointed out that Air India has not laid off a single employee even...

No buyers for Air India may mean divestment to be put off

New Delhi, Sep 19 (IANS) Air India is not finding any takers and the privatisation may be put off by three years, delivering a blow to the efforts to divest the national carrier. It seems that due to the turbulence...

Tata group may take Air India’s control by Jan 1 if it is sole eligible bidder

New Delhi (IANS) The buzz in aviation circles is getting louder that the Tata group could be in the Air India's cockpit as early as the New Year, if it is the sole eligible bidder for India's national carrier. If...

Aviation Ministry, DGCA warned in 2011 about Kozhikode runway

New Delhi, Aug 8 (IANS) Precious lives have been lost in the Air India Express runway mishap on Friday evening, but the Ministry of Civil Aviation, the Director General of Civil Aviation (DGCA) and the Airports Authority of India...

Latest News

Bond yields unleash bears, equity indices trade in red

Mumbai, March 5 (IANS) India's key equity indices traded in the red during Friday's mid-afternoon session on the back...