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Finance ministry asks govt depts to clear Air India dues immediately
The airline has discontinued its credit facility to the government.
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Long road ahead for Tata Sons in rebuilding Air India
The airline's bottom line would get a big boost, if it could win back at least 20% from other overseas carriers
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Over 7 million domestic passengers take flight in September
The passenger load was 5.44% higher than August with occupancy between 63.7% and 78.8%
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Upgrading Air India fleet may require $1 billion from Tatas
Presently, the airline has a fleet of 141 aircraft, which is a mix of narrow and widebody Airbus and Boeing aircraft
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Government is optimistic over privatisation of PSUs: DIPAM secretary
The centre completed eight disinvestment deals, all of which were from a central PSU to another central PSU
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Government retains iconic Air India buildings, land bank
Tatas get aircraft, over 7,000 domestic and international slots and Maharajah brand
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Air India & Tatas – poetic justice & one that benefits all
Tata could be a natural fit for the airlines, however, even if any other promoter takes over, we can expect the quality of the service to improve
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Govt yet to take a call on bids for Air India selloff: Goyal
The union minister was in Dubai to launch the annual business expo 2021 to launch the Indian pavilion
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AI Selloff: Reserve price likely to be Rs 15,000-20,000 cr
Air India has 2,378 international and 4,486 domestic slots across Indian and major international airports.
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Air India finalising ‘leave encashment valuation’
A communication to department heads stated that the leave encashment liabilities accounted as of September 30, 2021 will be final.
