Aviation
With no buyers in sight, Centre mulling Rs11,000 cr bailout for Air India
08 Aug 2018
The civil aviation ministry is reported to be in discussions with the finance ministry for a Rs11,000-crore bailout package for Air India, aimed at cleaning up its balance sheet and making it more attractive for privatisation
MH370 mystery: Malaysia’s civil aviation chief quits after probe blames KL ATC for shortcomings
31 Jul 2018
London court extends Vijay Mallya’s bail till 12 September
31 Jul 2018
During a brief hearing, the court asked Indian authorities to deliver a video showing availability of natural light and other facilities at Arthur Road jail in Mumbai where Mallaya will be kept
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
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