Aviation
FDI in Air India means no preferential treatment to it: Aviation minister
Permitting 49 per cent foreign direct investment in Air India brings the airline on a par with other domestic carriers and does away with the preferential treatment that was extended
Air India to be sold out by the end of 2018, says Civil Aviation Minister
Minister of State for Civil Aviation Jayant Sinha laid out a timeline for the strategic disinvestment of state-run carrier, Air India. “We have said over and over again that from
CITU opposes move to allow 49 per cent FDI in Air India
The Centre of Indian Trade Unions (CITU) today denounced the decision of the government to allow 49 per cent foreign direct investment (FDI) in Air India, and said it was
Air India’s April-September revenues up 10 per cent: CMD Pradeep Singh Kharola
National carrier Air India has improved its revenues by about 10% during the first 9 months of this fiscal, said Chairman and Managing Director Pradeep Singh Kharola. Without sharing any
CAPA: Postponing Air India disinvestment will erode its value
Postponing disinvestment of Air India by five years will further erode its value, says aviation think tank CAPA in response to a draft report by a Parliamentary panel recommending the
IndiGo to soon operate direct daily flights to Colombo
6E to operate daily flights from Chennai, Bengaluru starting January 20, 2018 Colombo soon to be its 8th international and 49th overall destination on 6E network In its endeavour to expand and strengthen
Vistara to fly Delhi-Chennai twice, to connect Port Blair
Direct service between Chennai and Port Blair, from February 15 and March respectively. Vistara announced the expansion of its network by entering the Delhi Chennai sector with two daily flights
Tata airlines Vistara and AirAsia India gear up for international runways
Vistara to start flying abroad from July, AirAsia India sets year-end target Around two years after the government made it easier for airlines to fly abroad, two Tata group airlines
Singapore airlines open to bidding for Air India: Vistara CEO
Air India had total debt of about Rs 48,877 crore at the end of March 2017 – Rs. 17,360 crore of aircraft loans and Rs 31,517 crore of working capital
Air India ties up with banks to avail loans for 3 Boeing 777 planes
According to a PTI report, state-owned Air India has tied up with UAE-based First Abu Dhabi Bank as well as Standard Chartered Bank and Mashreq Bank to avail short-term loans
