Articles tagged under: Air India
August 30, 2017
New Delhi: Finance Minister Arun Jaitley today indicated that an expeditious decision would be taken on Air India disinvestment, with at least two parties having formally expressed interest in buying stake in the national carrier.
A group of ministers, headed by Jaitley, is working on the modalities of the strategic disinvestment of debt-laden Air India, which has been making losses for long.
"These decisions are to be taken expeditiously but in their normal course," Jaitley told reporters...Read More
July 08, 2017
Washington: Air India said it plans to expand its base in America by introducing flights to Los Angeles and Houston.The direct flight to Los Angeles is expected to be launched by October, while the date for the flight to Houston or Dallas in Texas has not been determined yet.
"We are looking at connecting two more cities - Los Angeles and either Houston or Dallas," Air India Chairman and MD Ashwani Lohani said at an event to celebrate the launch of the direct non-stop flight yesterday between...Read More
June 28, 2017
New Delhi: The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval to fourth tranche recommendations of NITI Aayog on strategic disinvestment of CPSE (strategic disinvestment of Air India and five of its subsidiaries) based on the recommendations of Core Group of Secretaries on Disinvestment (CGD).
(i) ‘In principle’ approval for considering strategic disinvestment of Air India and five of its subsidiaries.
(ii) Cons...Read More
April 12, 2017
Surat: Air India chairman and managing director(CMD) Ashwani Lohani promised two Lok Sabha members representing Surat that Surat - Dubai direct flight will be started from 15 May.
Surat - Delhi Air India flights charge higher for tickets compared to Spicejet flights. In response to representation made by Surat MPs, Lohani directed marketing department officials of ir India to reduce the ticket rates.
Another representation made by Surat MPs was regarding further domestic connectivity. Mum...Read More
March 23, 2017
Ahmedabad: An Air India flight AI-171 from Ahmedabad to London via Newark with 230 passengers onboard suffered a bird hit, while it was on its way to London from Ahmedabad yesterday forcing the airline to cancel its onward journey from Britain's capital.The plane landed at Heathrow Airport at 10:39 am local time. The bird hit damaged the nose of the aircraft as well as the radar antenna, the airline said in a statement. Of the total 230 passengers, 50 flyers destined to Newark were accommoda...Read More
February 16, 2017
New Delhi: National passenger carrier Air India on Wednesday said it plans to launch India's "first necklace flight" this year.
This flight will connect Ahmedabad to Kolkata, Raipur, Indore, Jaipur and New Delhi.
"The unique flight will start from Kolkata in the morning hours onwards to Raipur from where it will head towards Indore and then to Ahmedabad and subsequently Jaipur. It will finally terminate operations in New Delhi in the evening," said Ashwani Lohani, Chairman and Managing Dir...Read More
January 28, 2017
Surat: Over a 100 passengers today created commotion at the Surat Airport when the Delhi bound Air India flight they were to board was cancelled owing to technical snag.
Surat Airport Terminal Manager Chandrakant Sonkusale said that the flight number 494 of the Air India which takes off at 0830 hrs was cancelled owing to technical snag.
'122 passengers in all were to board the flight on Airbus 320 aircraft,' he said.
December 08, 2016
New Delhi:The Government today said it has already infused funds to the tune of Rs 23,993 crore in the National flag carrier Air India from 2011-12 till November this year.
Air India is surviving on a Rs 30,231 crore bailout package extended by the previous UPA government in 2012 for a 10-year period and also equity support for payment of principal/interest of the non-convertible debentures.
The financial support approved under the airline's turn around plan/financial restructuring pla...Read More
November 30, 2016
New Delhi: Higher capacity deployment and introduction of new flights helped Air India Express report an 18 per cent increase in operating revenue to Rs 1,897 crore in the April-September period of the current fiscal.
The airline's operating revenue in the first of the 2014-15 stood at Rs 1609 crore,
"According to the unaudited earnings, which the board approved at its meeting yesterday, our operating revenue surged 18 per cent to Rs 1,897 crore during the first half of the current financi...Read More
October 21, 2016
New Delhi:CBI has again sent a reminder to Canadian authorities seeking questioning of Nazeer Karigar, a Canadian national who is a suspect in a case of alleged pay-off to an aide of a Union minister in UPA government in a USD 100-million Air India contract in 2007.
CBI sources said the agency has registered the case and dispatched Letters Rogatory, judicial requests to facilitate provision of information.
They said judicial requests were dispatched in 2013 but only processed in part.
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