Air India | The Asian Age

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For 2018-19, the airline has been allocated Rs 650 crore in view of its now failed disinvestment plan.

Air India seeks restoration of equity infusion from govt

The loss-making carrier has already received more than Rs 26,000 crore under the bailout package.

04 Jun 2018 12:34 PM

Anand Mahindra on Friday said tough action was required to turnaround the fortunes of the national carrier.

Tough action needed to revive Air India, says Anand Mahindra

No Expression of Interest was received from any bidder as the deadline ended on May 31.

01 Jun 2018 5:50 PM

A new PIM could now be floated after a few weeks following the failure of the ongoing process.

Not a single bidder for stake in Air India

But now, if the government wants to make the terms of sale more attractive.

01 Jun 2018 2:18 AM

Government said no initial bids were received for the proposed strategic stake sale of the debt-laden airlines by the deadline on Thursday. (Photo: File)

No takers for Air India stake sale, bidding process ends

'Further course of action will be decided appropriately,' Ministry of Civil Aviation said.

31 May 2018 7:18 PM

In a major setback to the Air India disinvestment process, the government said no initial bids were received for the proposed strategic stake sale of the debt laden airlines by the deadline on Thursday.

No bids received for Air India stake sale, says govt

The government has proposed to offload 76 per cent equity share capital of the national carrier.

31 May 2018 7:09 PM

AirAsia case not to have impact on Air India's disinvestment: Choubey

The deadline for submitting Expression of Interest (EoI) for 76 per cent stake in the debt-laden Air India is ending today.

31 May 2018 1:59 PM

According to the procedure, the floor price (base price for the airline) is decided by the Transaction Advisor but the Government is apprised of it once the financial bids are opened in the Request for Proposal (RFP) process.

No bidder for Air India a day before deadline

Private firm Ernst and Young has been appointed the “Transaction Adviser” (TA) for the process.

31 May 2018 5:50 AM

Indian Embassy officials in Riyadh have confirmed the pilot's death. (Representational Image/File)

Air India pilot found dead at hotel gym in Saudi Arabia

Rithwick Tiwari, a first officer with the Air India, died reportedly of a heart attack while working out in the gym, crew sources said.

30 May 2018 8:59 PM

Modi government, keen to sell the loss-making, debt-ridden airline Air India, finalised plans in late March to divest a 76 per cent stake and offload about USD 5.1 billion of its debt.

No bids for Air India so far, won't extend deadline: Aviation secy

The government will not extend the deadline for submissions of interest in Air India, R N Choubey said.

30 May 2018 3:39 PM

The number of passengers on board could not be immediately known. (Photo: File)

Air India flight to Kolkata returns to Delhi after technical snag

The Air India plane returned to Delhi after it was airborne for almost 40 minutes. The airlines said that all the passengers were safe.

30 May 2018 11:26 AM

Senior AI official is accused of harassment

The air hostess claimed that she was being harassed for the past six years after she rejected the advances of the senior executive.

30 May 2018 1:35 AM

The air hostess maintained that she had lodged a complaint with Air India last September and had written to then CMD of the airline, but 'none was forthcoming'. (Photo: File | Representational)

Air India hostess accuses senior executive of sexual harassment

In a letter addressed to Prabhu and to PM Modi, the air hostess has asked the government to appoint a ‘neutral’ investigation committee.

29 May 2018 2:20 PM

Arun Kumar said the various RSS organisations working in the same field occasionally come together to share their experiments, experiences and observations. (Photo: RSS website)

Meetings with BJP for exchange of ideas, not for decision-making: RSS

Amit Shah, along with 6 cabinet ministers on Monday met top functionaries of RSS on completion of 4 years of Modi government.

29 May 2018 10:48 AM

Confirming the incident, an Air India spokesperson said it was a 'rare occurrence' and that only two passengers were affected. (Representational Image)

Overbooked Air India flight leaves passengers behind at Delhi airport

The airlines did not allow some passengers to board the Rajkot-bound flight scheduled for around 5 pm from Delhi.

26 May 2018 1:55 PM

Air India flight overbooked, leaves passengers in Delhi airport

The airlines did not allow some passengers to board the Rajkot-bound flight scheduled for around 5 pm from Delhi.

26 May 2018 7:18 AM

Through this, the Centre aimed to sell 76 percent stake of the loss-making airline. (Photo: File)

‘Air India will not be sold if bids are found inadequate’

The government, as the owner of Air India, has the right to modify the floor price.

23 May 2018 2:08 AM

Civil Aviation Secretary R N Choubey on Tuesday said the government could decide against selling state-run Air India if it does not get "adequate" price for it.

Govt wants to sale Air India at an adequate price, says Aviation Secy

The government intends to complete the disinvestment process by this year end.

22 May 2018 7:11 PM

Angered by flight delay, 'tipsy' man harms self using pen

The passenger was taken to a hospital within the airport premises for treatment, and the flight later departed without him.

20 May 2018 2:27 PM

Air India may have to pay USD 8.8 million penalty to passengers

Air India may have to pay a penalty of USD 8.8 million to 323 passengers of its May 9 Delhi-Chicago flight.

17 May 2018 1:54 PM

Disinvestment-bound flag carrier Air India will phase out its remaining three Classic A320 planes, which are nearly three decade old, from the fleet by the end of this year.

Air India to phase out remaining 3 Classic A320s by December

Air India has already removed 11 classic A320 planes out of operations.

16 May 2018 7:15 PM

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