Last week, the government had accepted an offer by Talace Pvt Ltd, a unit of the holding company of salt-to-software conglomerate, to pay Rs 2,700 crore in cash and takeover Rs 15,300 crore of the airline's debt.
At present, Air India has a total strength of 12,085 employees, which includes 8,084 permanent staff. Air India Express has 1,434 employees.
With the opening up of the aviation sector to private players in 1994-95 and private entities offering cheaper tickets, Air India gradually started losing market share.
The process for the sale of Air India, which is reportedly reeling under a debt of over Rs 60,000 crore, had begun in July 2017.
This is a video of an Air India aircraft getting stuck underneath a foot over bridge near Delhi airport.
Centre on September 15 received multiple financial bids for divestment of Air India.
The situation in Afghanistan worsened further on Sunday, as Kabul was taken over by the Taliban.
National carrier Air India on Friday reported that some information of its passengers has been compromised in a massive cyber data breach with its vendor SITA PSS.
New Delhi: Air India’s longest direct flight from San Francisco to Bengaluru with an all-woman cockpit crew successfully landed in the southern city on Monday. The national carrier had said on Saturday that this flight would be the longest commercial flight in the world to be operated by any Indian airline and the total flight […]
New Delhi: All-women cockpit crew will operate Air India’s inaugural San Francisco-Bengaluru flight on Saturday, Civil Aviation Minister Hardeep Singh Puri said. The Air India flight will fly on Saturday over the North Pole, taking the Atlantic route to reach Bengaluru, a senior official of the airline said. All women cockpit crew consisting of Capt […]
New Delhi: Air India Employees Union has asked for a meeting with Civil Aviation Minister Hardeep Puri seeking extension of the medical scheme, leave encashment and provident fund benefits in the event of privatisation of Air India. In a letter to Puri, the AIEU said that the existing medical scheme in Air India should be […]
New Delhi: The Air India Express operations to Dubai has been temporarily suspended for 15 days starting Friday. According to the airline, Air India Express has received “Notice of Suspension” from Dubai Civil Aviation Authority on Thursday. “The notice has been issued on account of erroneous acceptance of one Covid positive passenger by the Airline’s […]
New Delhi: Air India pilots have sought the intervention of the management on the issue of “illegal termination” of 50 pilots from service. In a letter to Rajiv Bansal, Chairman and Managing Director, Air India on Friday, the Indian Commercial Pilots Association (ICPA) said around 50 pilots have received illegal termination letters from the Personnel […]
New Delhi: National carrier Air India has decided to close down five of its European stations to reduce costs and streamline operations in the COVID era. The airline will close down the Copenhagen, Vienna, Stockholm, Madrid, and Milan stations. The move will effectively cease the airline’s operations to these destinations as and when normal international […]
New Delhi: Even as the privatisation process drags on, national carrier Air India has instituted a scheme whereby employees can opt to take ‘leave without pay’ ranging from six months up to five years. Additionally, the airline’s management will also have the option to send any employee on leave based on a few criteria. An […]
Mumbai: Air India will operate over 40 flights with all-women crew, today on International Women’s Day. According to a company statement, Air India would operate more than 40 flights on domestic and international routes, with all women crew including the non-stop flight to San Francisco. “Women cockpit and cabin crew of Air India are operating […]
New Delhi: The Air India on Tuesday confirmed that a passenger who flew on a Vienna-Delhi flight on February 25 has tested positive for coronavirus. “This is for the attention of passengers who flew on AI154 Vienna-Delhi of 25th Feb 20. One of the passengers has tested positive for #coronavirus. Please follow the protocol notified […]
New Delhi: An Air India flight on Thursday brought back to the national capital 119 Indians and 5 foreigners who were on board a coronavirus-hit cruise ship docked off Yokohama in Japan. The foreigners, who were brought back to India on board the special Air India flight, included two from Sri Lanka and one each […]
New Delhi: Cash-strapped Air India, which is being disinvested by the government, has outstanding dues of over Rs 822 crore towards VVIP charter flights, according to latest data provided by the national carrier to an RTI response. In its RTI response provided on Wednesday to Commodore Lokesh Batra (retd), who sought to know the latest […]
New Delhi/Beijing: India’s evacuation of its nationals who were stranded in China’s Wuhan, the epicentre of novel coronavirus epidemic, was completed on Sunday with around 650 people brought back in two phases. Official sources said as of now the evacuation process is “complete” even as six Indians down with fever and other flu-like symptoms could […]
New Delhi: Air India said another special flight to evacuate Indians from coronavirus-hit Wuhan in China would depart from the Delhi airport on Saturday afternoon, hours after the first flight with 324 passengers landed in the Indian capital . Wuhan is the epicentre of novel coronavirus outbreak, which has killed more than 200 persons in […]
Mumbai: Flag carrier Air India has kept one of its 423-seater jumbo plane ready in Mumbai for the evacuation of Indian citizens from Wuhan province in China in the wake of Cornovirus outbreak in the East Asian country, an official source said on Tuesday. The airline is awaiting necessary approvals from the ministries of External […]
New Delhi: The government on Monday announced the sale of 100 per cent stake in debt-laden Air India as it issued the preliminary bid document for the strategic disinvestment with the deadline for submitting an expression of interest set as March 17. As part of the strategic disinvestment, Air India would also sell 100 per […]
New Delhi: Passengers on-board an Air India flight resorted to unruly behaviour after they got restive with the delay. Aviation regulator DGCA has asked the national carrier to look into the issue after the video shot by a passenger went viral. The Air India flight 865, was scheduled to depart at 10 a.m. on January […]
New Delhi: Civil Aviation Minister Hardeep Singh Puri has reassured Air India’s employees that the passenger carrier will remain operational till its privatisation process is complete, one of the airline’s unions said on Thursday. Puri was speaking at a meeting with Air India’s employees’ unions here on Thursday. The Indian Commercial Pilots’ Association (ICPA), one […]