The statement comes after Air India chief Ashwani Lohani told the ministry in December that the carrier's financial situation was 'grossly untenable' for sustaining operations While Air India's net loss in 2018-19 was around ₹8,556 crore, its current total debt is around ₹80,000 crore
1 min read14 Jan 2020Ashwani Lohani said that there should be 'no cause for concern for travellers, corporates or agents' The response from the airline comes two days after Civil Aviation Minister had met with several representatives of the Air India unions regarding privatisation of the national carrier
1 min read4 Jan 2020Air India needs to survive till it is sold, said the chairman and managing director of the airlines Air India's net loss in 2018-19 was around ₹8,556 crore
1 min read15 Dec 2019Lohani also added that the management of the airline is taking adequate steps to protect the interest of the employees It must however be noted that a similar effort to privatize the airline in 2018 by the government failed to attract even a single bidder
1 min read8 Nov 2019In the third episode of Season 2 of HT Brand Studio Live, five market leaders talked about how experiences take centre-stage in millennial travel goals
1 min read10 Sep 2019The meeting lasted for over more than an hour at the Airlines House, the headquarters of the flag carrier in the national Capital Jet Airways announced suspension of its entire operations from Wednesday night
1 min read19 Apr 2019This will be Ashwani Lohani's second tenure as Air India chief Lohani, who holds a degree in Mechanical Engineering, was also ITDC chairman as well as the director of the Rail Museum in the capital
2 min read13 Feb 2019A post graduate in Business Administration (Technology Management) and a Bachelors Degree in Electrical Engineering, Yadav holds immense experience in the fields of Project Management
1 min read31 Dec 2018WP 7200, also called Azad, was built in 1947 by the Baldwin Locomotive Works, Philadelphia, USA
1 min read22 Nov 2018Indian Railways plans to train its senior managers to be more emotionally intelligent via workshops
1 min read15 Nov 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared