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P.R. Sanjai and Liz Mathew 09:10 PM | October 26,2009
All of the expected Rs5,000 cr aid may not come in the form of equity; this may affect its borrowing capacity
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Liz Mathew 11:14 PM | October 21,2009
Cash-strapped Nacil, which runs the state-owned airline, may get the money earlier because of pressure from lawmakers
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Liz Mathew and P.R. Sanjai 11:52 PM | October 20,2009
In a 25 July meeting, the committee of secretaries had suggested Nacil prepare a cost-reduction proposal, to justify an equity infusion or any soft loan grant
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P.R. Sanjai 10:31 PM | September 22,2009
Air India’s board will meet on Wednesday in Mumbai to approve several cost-cutting measures to make itself eligible for equity infusion and soft loans from the government
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Tarun Shukla 09:22 AM | September 04,2009
Air India currently operates Air India Express as its international low-fare carrier. Its entry into the domestic low-fare aviation market could further lower ticket prices
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P.R. Sanjai 09:21 PM | August 25,2009
The Air India operator has proposed slashing incentives for all employees by 50% to tide over the crisis
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P.R. Sanjai 10:08 PM | August 24,2009
The Air India operator cites excess capacity, potential losses as reasons in its letter to the aviation ministry
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Tarun Shukla 01:06 AM | August 08,2009
The company plans to overhaul its business operations, restructure Rs15,241 cr debt, raise money through IPO
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Tarun Shukla 05:53 AM | August 07,2009
“A decision has been taken to convert old aircraft to all-economy class and they will fly under Air India Express,” an Air India official said, asking not to be named
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Tarun Shukla 01:04 AM | July 08,2009
The minister’s remarks came amid reports that Air India was expecting an estimated loss of about Rs5,000 crore in the fiscal 2009
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P.R. Sanjai and PTI 10:34 PM | July 02,2009
The airline is working towards identifying the number of lower-income employees who will require salaries immediately to avoid defaulting on instalment payments made through direct debits
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Tarun Shukla 11:24 PM | June 28,2009
While efficiency and quality of customer service suffered, the way Air India chose to implement its merger with Indian Airlines resulted in diseconomies of scale
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Tarun Shukla and P.R. Sanjai 12:33 AM | May 22,2009
Ministry grants Jet daily flights to Sharjah from Mumbai, Kochi, Kozhikode and Thiruvananthapuram
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Tarun Shukla 12:13 AM | May 18,2009
Nacil has demanded equity infusion of Rs1,231 cr and Rs2,750 cr in the form of a soft loan on easy terms
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P.R. Sanjai 12:53 AM | April 29,2009
Members of three pilots’ unions claim to have apprised DGCA of this development; ministry denies meeting
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