Govt begins process for inviting financial bids for Air India sale, deal to conclude by Sep
The airline, which started as a mail carrier in 1932, will give a successful bidder control of 4,400 domestic and 1,800 international landing and parking slots at domestic airports, as well as 900 slots at airports overseas. Besides, the bidder would get 100 percent of the low-cost arm Air India Express and 50 percent of AISATS.
Apr 13, 2021, 19:38 PM IST
Air India employees in stress due to pay cut: President of Alliance Air Employees Union Binoy Viswam
Binoy raised the issue of the Government's decision to privatise the airline and leave without pay policy for Air India employees. He stressed that over the past two years, the entire Air India organization has been severely affected by the Government's decision to privatise the airline.
Aug 09, 2020, 07:30 AM IST
Air India sale a scam in the making, will file complaint if I find culpability: Subramanian Swamy
Swamy has threatened to file a complain if he finds anything wrong with the deal.
Mar 31, 2018, 21:45 PM IST
UPA made the Maharaja a beggar, we are restoring his glory: Minister on Air India sale
He said the airline would be kept independent after the stake sale.
Mar 29, 2018, 21:09 PM IST![SpiceJet "too small" to snap up Air India, says Ajay Singh](https://english.cdn.zeenews.com/sites/default/files/styles/zm_700x400/public/2018/01/30/657121-final-ajay-singh.jpg "SpiceJet "too small" to snap up Air India, says Ajay Singh")
SpiceJet "too small" to snap up Air India, says Ajay Singh
In June 2017, the government had decided to exit fully or partially the national carrier, which is sitting on Rs 60,000 crore debt.
Jan 30, 2018, 21:24 PM IST
Choose right privatisation process for Air India: IATA chief
As part of efforts to revive ailing Air India, the government is working out the modalities for its strategic disinvestment.
Dec 10, 2017, 15:15 PM IST
Tata chairman Chandrasekaran says interested in bidding for Air India
The government has not said whether it will sell all or parts of Air India and what it might do about the loss-making airline`s debt burden of $8.5 billion.
Oct 10, 2017, 07:47 AM IST
Ahead of privatisation, Air India to offer VRS to 15,000 employees
Air India is drawing up a proposal to offer voluntary buyouts to just over a third of its 40,000 employees, two government officials said, in what would be one of the largest such offers in India's state sector, as the airline slashes costs ahead of a 2018 sale.
Jul 19, 2017, 14:08 PM IST
Will not pursue AI bid if not profitable: IndiGo President
Having joined the race to buy out Air India, IndiGo President Aditya Ghosh has told employees that it will not embark on the journey if it is not profitable and jeopardises interests of the airline.
Jun 30, 2017, 15:31 PM IST
Govt appoints Arvind Kathpalia Air India operations director
Pilots at the airline had opposed the appointment of Kathpalia when his name was cleared for the post by the Appointments Committee of the Cabinet in March.
Jun 29, 2017, 14:48 PM IST
IndiGo airlines shows interest in buying stake in Air India
IndiGo said in a letter it would be interested in buying out the International operations of Air India and its low-cost wing, Air India Express.
Jun 29, 2017, 14:15 PM IST
Only the brave will take on Air India: Anand Mahindra
The head of the Mahindra Group conglomerate, who is known for risky acquisitions, made it clear that he was not in contention.
Jun 29, 2017, 12:49 PM IST
Air India debt unsustainable, should go to private hands: Arvind Panagariya
Air India should be privatised as its debt level is "simply not sustainable" and government action on the airline's future course is likely within six months, Niti Aayog vice chairman Arvind Panagariya said on Thursday.
Jun 22, 2017, 20:17 PM IST
Govt looking at all options for Air India's revival including privatisation: Jayant Sinha
The debt-laden Air India is staying afloat on taxpayers' money and the government is looking at all options for its revival, including privatisation.
Jun 20, 2017, 14:12 PM IST
No fresh plane order till clarity on privatisation: Air India
National carrier Air India on Friday said it will not place any order for new aircraft till there is clarity on its future course, including possible privatisation.
Jun 09, 2017, 20:31 PM IST
