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air india privatisation News
air india privatisation
Government not to sell Air India, if bids are below minimum floor price: Officials
Tue, May 22, 2018
The central government might not sell its stake in the ongoing divestment process of the national passenger carrier Air India, if bids do not meet a minimum threshold value or floor price estimated for the airline.
Air India privatisation: All you want to know in brief
Tue, May 15, 2018
The government may relax some of the terms for its proposed divestment of debt-laden Air India (AI) till now in the light of no interest elicited from any buyers.
Air India privatisation faces attack; here is what this trade union said
Thu, Mar 29, 2018
AITUC said that the Centre has been "obstinately" following the policy of dismantling the public sector. "The government has been obstinately following the policy of dismantling the public sector, and handing over business to Indian and foreign corporates.
NITI Aayog says it's 'unviable' to support Air India: Govt
Wed, Jan 03, 2018
The government's premier policy advisory body NITI Aayog has said in its report on the debt- laden Air India that it was "unviable" to provide financial support to the national carrier, the Centre told Parliament today. Air India has a debt of Rs 51,890 crore.
Air India Chairman urges employees to 'perform or perish'
Mon, Jan 01, 2018
Strategic divestment-bound Air India employees need to "perform or perish", according to the new chairman of the national carrier.
Air India: No formal interest from Tatas, clarifies Sinha
Sat, Dec 02, 2017
The comment of the Union minister of state for civil aviation sought to clear the air after he told a television news channel yesterday that there were indications of interest from the Tatas for Air India.
Air India gets Rs 1,500 crore loan from Bank of India
Sun, Nov 12, 2017
Battling multiple headwinds, the disinvestment-bound airline has been working on ways to reduce its debt, including by way of selling non-core assets and expanding operations.
Air India to sell 2 properties to SBI, may fetch Rs 50 crore
Sun, Nov 05, 2017
Scouting for funds, Air India is in advanced discussions with public sector lender SBI for sale of at least two residential properties that could net nearly Rs 50 crore, airline and banking sources said.
Air India unions hold anti-privatisation meet
Sat, Nov 04, 2017
The Air India Unions Joint Forum Against Privatisation today reiterated its demand to retain the carrier in the public sector saying the sell-off move comes at a time when it's making progress on all operational and efficiency parameters.
Tata Group Chairman N Chandrasekaran officially expresses interest in buying Air India
Tue, Oct 10, 2017
Tata Sons CEO, N Chandrasekaran has officially remarked about the sale of the national carrier - Air India and Tata Group's interest in buying it.
Keep profitable Air India subsidiaries out of disinvestment: Gadkari
Sun, Aug 13, 2017
As Air India Engineering Services Limited (AIESL) today announced induction of first third-party aircraft for major maintenance work at its Nagpur MRO unit, Union Minister Nitin Gadkari said profit-making subsidiaries of Air India should be kept out of proposed privatisation.
Air India delays payment of July salaries
Fri, Aug 04, 2017
Air India has delayed the payment of salaries for the month of July to its employees, an airline official said, amid the government working on the modalities for divesting stake in the national carrier. The airline, which has been in the red for long, has around 21,000 employees.
Salary cut lesser evil than layoffs in aviation space
Sun, Jul 23, 2017
Slashing salaries is a "lesser evil" than pink slips in the domestic aviation sector, feel HR experts against the backdrop of a leading airline asking junior pilots to take ten days off every month as part of cost balancing effort.
Air India to keep non-veg meals only for business class flyers
Mon, Jul 10, 2017
Air India break-up an option as Modi pushes for quick sale
Sun, Jul 09, 2017
India is considering selling state-owned Air India in parts to make it attractive to potential buyers, as it reviews options to divest the loss-making flagship carrier, several government officials familiar with the situation said.
Air India privatisation welcome but clear salary dues first: Pilots
Sun, Jun 25, 2017
The proposal to privatise Air India is a welcome move but salary arrears should be settled first as promised earlier, feel pilots at the national carrier.
Air India's privatisation very difficult without debt write-off, says Niti Aayog's Vice Chairman Arvind Panagariya
Fri, Jun 02, 2017
Niti Aayog's vice chairman Arvind Panagariya said on Friday that privatising government-run airline Air India will be "very difficult" unless the government writes off at least part of its debts.
Exclusive : NITI Ayog vice chairman Arvind Panagariya suggests 100% privatisation of Air India
Thu, Jun 01, 2017
NITI Ayog vice chairman Arvind Panagariya suggests 100% privatisation of Air India. Watch complete news story for getting the detailed news updates!