Air-India
Air India served default notices by banks, aircraft lessors
30 Jul 2018
At least three lenders and two aircraft leasing firms, including US-based Wells Fargo Trust Services and UAE’s Dubai Aerospace Enterprise, are reported to have issued notices to the airline after the debt-laden national carrier missed out on payment of dues in time
Air India targets big boost to revenue with revamped business
23 Jun 2018
With a newly-launched premium class, new uniforms for crew and new exotic cuisine, the airline is expecting to boost its revenue by around Rs2.5 crore on a daily basis to Rs6.5 crore per day
Govt puts off Air India stake sale plan
19 Jun 2018
The government is now looking at turning around Air India to ensure that it makes profits on overall basis before going in for a listing, as is required under Sebi listing norms
Air India may turn to the public to save divestment plan: report
11 Jun 2018
After an aborted divestment plan, the state-run airline is looking at various options, including a public float to sell most of the company’s equity to the larger public, even as it sought short-term fund infusion
Air India finds no takers, but govt expects a last hour rush
31 May 2018
If a bidder does not step in, further decisions on the sale of AI will be taken by a group of ministers, formed to divest the airline, who will have to plan afresh to find an investor
