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This is the second attempt by the NDA government to sell stakes in debt-laden Air India, after failing to hive off 76 per cent stake due to lack of interest from the buyers.

Government kickstarts process for AI’s disinvestment

The civil aviation minister had said recently that the government is better prepared this time.

20 Sep 2019 2:36 AM

An Air India spokesperson on Monday said AIAHL's bond issue with a three-year tenure of Rs 1,000 crore with a green shoe option of Rs 6,000 crore has been fully subscribed at 6.99 per cent. (Representational Image)

Air India Assets Holdings' bond issue fully subscribed; raises Rs 7,000 crore

The company received bids worth Rs 20,830 crore. AI has decided to accept the entire issue of Rs 7,000 crore, the spokesperson said.

16 Sep 2019 3:32 PM

Earlier, Pakistan had refused India's request to allow Kovind to use its airspace for his flight to Iceland. (Photo: File)

President Kovind's flight to Slovenia delayed for three hours

The President drove to the airport but was asked to return to his hotel after a 'Rudder Fault' was detected in the aircraft.

16 Sep 2019 1:09 PM

The airline has a debt burden of more than Rs 58,000 crore and servicing the loans is a major challenge as the annual outgo is more than Rs 4,000 crore.

Air India posts Rs 4,600 cr operating loss in 2018-19; aims profit this fiscal

The airline's net loss stood at about Rs 8,400 crore while total revenues touched around Rs 26,400 crore in 2018-19.

16 Sep 2019 9:46 AM

The state-run airline said it will initiate further action once the findings of the probe are known, even as the ruling party MLA, Vinod Chandrakar, denied the charges of misconduct and claimed that in fact it was he who was the victim in the entire episode. (Photo: Twitter)

'I'm the victim,' says Congress MLA, accused of abusing Air India's woman staff

'The victim is being made the accused. The Air India staff misbehaved with me,' Congress MLA said.

12 Sep 2019 11:05 AM

The Air India subsidiary company (Alliance Air) flight 9I-728 on August 7, from Raipur to Ranchi, was scheduled for 18:30 hrs but the MLA was denied to board the plane by Air India staff at Raipur Airport as he reported late at the airport. (Photo: File)

Angered over missed flight, Congress MLA misbehaves with Air India staff

Congress MLA Vinod to take his version about charges against him, he said over the phone: 'I am an MLA. I know how to behave with a person.'

11 Sep 2019 8:45 AM

"The analysis done in your (CAPA) report to showcase IndiGo as largest carrier on international routes is flawed and misleading. This, of course, has been done by replacing ASKMs which is a true measure of capacity deployment with seats offered," Air India said.

IndiGo second on international routes, we are still market leader: Air India

According to aviation regulator DGCA, IndiGo had around 47 per cent share of the domestic passenger market in July this year.

02 Sep 2019 7:53 PM

Air India chairman and managing director Ashwani Lohani

Air India to go plastic-free from October 2

For instance, the plastic pouches in which banana chips and sandwiches are presently packed will be changed to butter paper pouches.

30 Aug 2019 2:27 AM

Total privatisation will be done in the shortest possible time and with the best deal.

Govt is determined to privatise Air India: Union Civil Aviation Minister

Government was committed to privatisation of Air India as its debt has become totally unsustainable.

29 Aug 2019 3:44 PM

‘Oil marketing companies (OMCs) led by Indian Oil have stopped jet fuel supply at six airports,’ Air India Spokesperson Dhananjay Kumar had earlier said in a statement. (Photo: ANI)

Stoppage of fuel supplies due to shortage of funds: Air India Chairman and MD Lohani

‘It is because of overall shortage of funds, doesn't reflect on operational performance and recent efforts of airline,’ Ashwani Lohani said.

25 Aug 2019 3:57 PM

Air India official had on Thursday said that oil firms stopped fuel supplies to the airline at Cochin, Visakhapatnam, Mohali, Ranchi, Pune and Patna around 4 pm.

Air India owes Rs 4,500 cr in fuel dues; hasn't paid in 200 days: Oil cos

Air India offered to pay Rs 60 crore which is a drop in the ocean of what oil marketing companies owe.

23 Aug 2019 1:24 PM

The airports where the fuel supply was stopped by the state-owned OMCs at around 4 pm are Cochin, Visakhapatnam, Mohali, Ranchi, Pune and Mohali, another official of the national carrier said. (Representational Image)

Oil companies stop fuel supply to Air India at 6 airports due to non-payment of dues

However, an official said the flight operations of the airline are currently normal and unaffected.

22 Aug 2019 8:25 PM

Talks of complete privatisation of the national carrier have been underway since Air India became a liability. (Photo: File)

Air India becomes 1st Indian airline to fly over zero degree North Pole on I-Day

The flight flew over Pakistan, Afghanistan, Kazakhstan, Russia and then overflew North Pole by 12.27 pm.

16 Aug 2019 12:34 PM

These are flights to the US, Europe and the Middle East. (Representational Image)

Pak closes airspace corridor after downgrading diplomatic ties with India

The flights will have to be diverted to other routes due to the closure, the official said.

08 Aug 2019 8:35 AM

Air India has capped fares of all its flights from Delhi to Srinagar and vice versa till August 15, a spokesperson for the airline said on Sunday. (Photo: File)

After ‘leave Kashmir’ advisory, Air India caps fares for Srinagar flights

Soon after DGCA's directions, airlines made announcements to give a full fee waiver on rescheduling/cancellation for all Srinagar flights.

04 Aug 2019 12:15 PM

In 2018-19, Air India had made losses of around Rs 7,600 crore.

Air India plans to bring all 17 grounded aircraft back into operation: Lohani

Air India plans to use these aircraft on the new routes where it will start flying soon.

23 Jul 2019 11:24 AM

Home Minister Amit Shah will head a reconstituted group of ministers (GoM) on Air India disinvestment and Road Transport Minister Nitin Gadkari has been dropped from the panel, sources said. (Photo: File)

Amit Shah to head ministerial panel on Air India sale, Gadkari gets dropped: report

The AISAM would be meeting soon, most probably after the conclusion of the ongoing Parliament session on July 26.

18 Jul 2019 4:33 PM

The AISAM panel would be meeting soon, most probably after the conclusion of the ongoing Parliament session on July 26. (Representational Image)

Amit Shah to head ministerial panel on Air India sale

The AISAM has been reconstituted. It is now a four- member panel, against five members earlier, said a source.

18 Jul 2019 3:54 PM

International airfares likely to drop

Air India, Indigo, SpiceJet and Go Air are expected to benefit from the move.

18 Jul 2019 1:25 AM

The DGCA had issued a show-cause notice to the pilot on June 28, asking him to explain in writing why action should not be taken against him.

AI pilot in lunch box spat suspended for 6 months

The incident took place on June 17 when the flight was to take off from the Bengaluru airport for Kolkata.

16 Jul 2019 4:22 AM

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Sanjeev Ahluwalia