Air-India
More flights cancelled as AI pilots’ stir continues
09 May 2012
As the agitation by a section of pilots entered the second day today, Air India announced the cancellation of four international flights today from Mumbai and Delhi
Air India sacks 10 ‘sick’ pilots; sends docs to others’ homes
08 May 2012
Apart from 10 striking pilots having been sacked, the Indian Pilots' Guild, which represents Air India's pilots, has been derecognised
Ministry threatens stern action as over 100 Air India pilots fall 'ill'
08 May 2012
This stir could cripple AI's international operations just ahead of the peak summer holiday season that begins this weekend
Government okays AI revamp plan; to infuse Rs30,000 cr by 2020
12 Apr 2012
The cabinet committee on economic affairs today approved its turnaround and restructuring plan for Air India, which includes a government bailout of Rs30,000 crore for the airline by 2020 and a restructuring of debt
Cabinet nod for AI turnaround plan likely today
12 Apr 2012
Apart from restructuring its debt, which would ease its interest burden by almost Rs1,000 crore, the ailing national carrier may also be allowed to issue government-guaranteed bonds worth Rs7,400 crore
Banks approve financial restructuring plan for Air India
31 Mar 2012
The debt restructuring plan involves conversion of about Rs10,500 crore of the airline's Rs14,000 crore working capital loans to long-term debt
A way out of the aviation turbulence
30 Mar 2012
If the government had not taken over Air India from the Tatas, maybe the airline would have been one of the best in the world now and New Delhi or Mumbai would have been the world’s fastest growing aviation hub. Maybe, it is still not outrageously naive to hope for two or three healthy and friendly airline companies in our skies, if the government can muster up some resolve. By Shivshanker Verma
