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Tag: Air India

AI to put overseas assets on the block to rake in resources

Air India is considering selling off its properties in foreign destinations like Hong Kong, Nairobi and Mauritius as part of asset monetisation to garner resources

BOI loans USD 200 mln to AI for purchase of 3 Dreamliners

For the first time, Indian banks have started evincing interest in financing aircraft purchase, with state-run Bank of India (BoI) extending a loan of USD 200 million to Air India to finance the acquisition of three Dreamliners, official sources said on Sunday

Air India, IndiGo, GoAir join latest war over airfares

It's bonanza time for air travellers, with Air India, IndiGo and GoAir today joining the latest war over airfares, launched by SpiceJet which had earned the wrath of DGCA for offering one rupee air fares two days ago