National carrier Air India Ltd plans to raise up to ?225 crore through a short-term loan from domestic lenders by 31 January to refinance an earlier loan, the airline said in a tender document on Monday. The loan will carry a sovereign guarantee and lenders will have to submit their bids by 27 January. Proceeds
Panaji: The Centre granted some leeway for flights to the UK, permitting one Goa-London flight to depart on Monday morning from Dabolim airport with 217 passengers. The flight, operated by Air India, is the first flight this year to the UK under the air bubble agreement ever since the suspension of flights between the two
Mumbai: Air India’s all-women crew that made history by landing longest flight from the US to Bengaluru, flying over the North Pole, will be seen on India Idol 12 this weekend on Republic Day special episode. Captain Zoya Aggarwal, who commanded Air India’s Being 777 that flew over the North Pole, is seen praising contestant
The Delhi High Court has sought the response of the Centre, DGCA and Air India on a plea challenging the national carrier’s decision to reduce allowances of its employees and putting in place a scheme, under which anyone can be sent on leave for up to five years without pay. The petition by the Executive
The Delhi High Court has sought the response of the Centre, DGCA and Air India on a plea challenging the national carrier’s decision to reduce allowances of its employees and putting in place a scheme, under which anyone can be sent on leave for up to five years without pay. The petition by the Executive
New Delhi: The government has removed the January 5, 2021, for notifying qualified bidders for Air India. The transaction adviser will now inform the qualified parties that submitted their expression of interest (EOI) for the airline. There are at least two confirmed EOIs for AI — from the airline’s founder Tata Group that is largely
In view of government’s directive to extend the suspension of flights to and from UK, till 7th January, Air India is offering one-time free rescheduling, rerouting for travel to be completed within 31st Dec ’21 for ticketed itinerary between 1st & 7th January, 2021. India’s Civil Aviation Minister on Wednesday said that the ban on
The Indian Pilots Guild and the Indian Commercial Pilots Association have directed Air India pilots not to give any extension on ‘Flight Time’, ‘Flight Duty Time’ or ‘Landing’ till further notice. In a letter to their members, the associations said that the hostile work environment prevailing in the company for the last few months has
New Delhi: The second phase of the strategic disinvestment of Air India will start on January 5, 2021 with the announcement of the names of the qualified bidders. The process has been divided into two stages. In stage I, expressions of interest (EoI) have been submitted by interested bidders and they will be shortlisted based
New Delhi: Finally, the debt-laden Air India sale is showing signs of taking off. The Tata Group, which has submitted an expression of interest (EoI) for Air India, is reportedly in serious discussion with Singapore Airlines (SIA), its joint venture partner in Vistara, as the $113 billion (about Rs 8.34 lakh crore) salt-to-software conglomerate is
