Air India Bailout
- All
- News
- Videos
-
India Planning Rs 11,900 Crore Bailout For Airlines Hit By Virus: Report
India is planning a rescue package worth as much as $1.6 billion for the aviation sector, which has been battered after the coronavirus outbreak forced countries to close borders and brought air travel to a near-halt, two government sources told Reuters.
-
Government's Plan To Ensure Air India Sale By End Of This Year: Report
Air India, which is surviving on Rs 30,000 croretaxpayer-funded bailout, has failed to maintain its market dominance as a slew of carriers including InterGlobe Aviation and SpiceJet started to offer ultra-cheap, on-time flights more than a decade ago.
-
Government To Revive Plan To Sell Air India After Last Attempt Flopped
Air India, which is surviving on a Rs 30,000 crore taxpayer-funded bailout, has failed to maintain its market dominance as a slew of carriers including InterGlobe Aviation and SpiceJet started to offer ultra-cheap, on-time flights more than a decade ago.
-
Air India Seeks Nod For Rs 2,400 Crore Loan From National Small Savings Fund
Air India is currently surviving on a Rs 30,000 crore bailout plan cleared by the UPA-II government in 2012.
-
Modi Government To Now Pump $330 Million Into Air India
Air India, which was offered along with $5 billion of its debt, is surviving on taxpayer bailouts after losing money for years. The Modi government has said it has a four-part strategy for Air India -- a financial package, a branding refresh, organizational and governance reforms, and a plan to motivate staff.
-
Air India Bailout Plan Not Alternative To Divestment, Says ChairmanÂ
The government's proposed move to pare Rs 29,000 crore of Air India's debt is a short-term measure and not an alternative to divestment plans, the national carrier's Chairman and Managing Director Pradeep Singh Kharola said on Wednesday.
-
Talks On Air India Bailout Package At Advanced Stage, Says Government
The government has been working on a package for Air India after plans to sell a majority stake in the debt-laden airline failed this year due to a lack of interest from bidders.
-
Talks On Air India Bailout Package At "Advanced Stage": Jayant Sinha
Discussions on a bailout package for embattled state-run carrier Air India are at an "advanced stage", the country's junior aviation minister Jayant Sinha said on Wednesday.
-
Air India Could Get Rs 11,000 Crore Bailout From Centre: Sources
The civil aviation ministry is in discussions with the finance ministry for a Rs 11,000 crore bailout package for ailing Air India, sources said.
-
After Flop Attempt, Centre Planning To Sell 100% Air India Shares: Report
Government will soon revive the sale of its money-losing flag carrier with new guidelines after a recent attempt ended in a debacle last month, as the proposed terms deterred potential investors.
-
After Failing To Evoke Buyers' Interest, Air India Seeks Restoration Of Equity Infusion From Centre
Air India has already received more than Rs 26,000 crore under the bailout package announced by the former UPA government in April 2012
-
Air India To Be Split Into Four Separate Companies For Sale, Says Minister Jayant Sinha
The airline, which is surviving on a taxpayer-funded bailout, has strained government finances for decades, and Finance Minister Arun Jaitley said last year that money spent on Air India could have been used for education.
-
Air India's Loans Erode Benefits Of Bailout, Says National Auditor (CAG)
The findings come at a time when Air India is working on reviving its financial fortunes even as concerns persist in certain quarters about the viability of the carrier.
-
Arvind Subramanian Wonders Whether Air India Should 'Exist At All'
Air India, staying afloat on a Rs 30,000-crore bailout package from the central government, is working on ways to improve its financial position. In the last fiscal ended March 2016, the airline had posted an operational profit of Rs 105 crore.
-
Something Lagging In Air India Staff Commitment: Civil Aviation Minister
The national carrier, staying afloat on a bailout package extended by the central government, is making efforts to improve its financial position, including by way of cost optimisation measures, capacity addition and introduction of new flights.
-
India Planning Rs 11,900 Crore Bailout For Airlines Hit By Virus: Report
India is planning a rescue package worth as much as $1.6 billion for the aviation sector, which has been battered after the coronavirus outbreak forced countries to close borders and brought air travel to a near-halt, two government sources told Reuters.
-
Government's Plan To Ensure Air India Sale By End Of This Year: Report
Air India, which is surviving on Rs 30,000 croretaxpayer-funded bailout, has failed to maintain its market dominance as a slew of carriers including InterGlobe Aviation and SpiceJet started to offer ultra-cheap, on-time flights more than a decade ago.
-
Government To Revive Plan To Sell Air India After Last Attempt Flopped
Air India, which is surviving on a Rs 30,000 crore taxpayer-funded bailout, has failed to maintain its market dominance as a slew of carriers including InterGlobe Aviation and SpiceJet started to offer ultra-cheap, on-time flights more than a decade ago.
-
Air India Seeks Nod For Rs 2,400 Crore Loan From National Small Savings Fund
Air India is currently surviving on a Rs 30,000 crore bailout plan cleared by the UPA-II government in 2012.
-
Modi Government To Now Pump $330 Million Into Air India
Air India, which was offered along with $5 billion of its debt, is surviving on taxpayer bailouts after losing money for years. The Modi government has said it has a four-part strategy for Air India -- a financial package, a branding refresh, organizational and governance reforms, and a plan to motivate staff.
-
Air India Bailout Plan Not Alternative To Divestment, Says ChairmanÂ
The government's proposed move to pare Rs 29,000 crore of Air India's debt is a short-term measure and not an alternative to divestment plans, the national carrier's Chairman and Managing Director Pradeep Singh Kharola said on Wednesday.
-
Talks On Air India Bailout Package At Advanced Stage, Says Government
The government has been working on a package for Air India after plans to sell a majority stake in the debt-laden airline failed this year due to a lack of interest from bidders.
-
Talks On Air India Bailout Package At "Advanced Stage": Jayant Sinha
Discussions on a bailout package for embattled state-run carrier Air India are at an "advanced stage", the country's junior aviation minister Jayant Sinha said on Wednesday.
-
Air India Could Get Rs 11,000 Crore Bailout From Centre: Sources
The civil aviation ministry is in discussions with the finance ministry for a Rs 11,000 crore bailout package for ailing Air India, sources said.
-
After Flop Attempt, Centre Planning To Sell 100% Air India Shares: Report
Government will soon revive the sale of its money-losing flag carrier with new guidelines after a recent attempt ended in a debacle last month, as the proposed terms deterred potential investors.
-
After Failing To Evoke Buyers' Interest, Air India Seeks Restoration Of Equity Infusion From Centre
Air India has already received more than Rs 26,000 crore under the bailout package announced by the former UPA government in April 2012
-
Air India To Be Split Into Four Separate Companies For Sale, Says Minister Jayant Sinha
The airline, which is surviving on a taxpayer-funded bailout, has strained government finances for decades, and Finance Minister Arun Jaitley said last year that money spent on Air India could have been used for education.
-
Air India's Loans Erode Benefits Of Bailout, Says National Auditor (CAG)
The findings come at a time when Air India is working on reviving its financial fortunes even as concerns persist in certain quarters about the viability of the carrier.
-
Arvind Subramanian Wonders Whether Air India Should 'Exist At All'
Air India, staying afloat on a Rs 30,000-crore bailout package from the central government, is working on ways to improve its financial position. In the last fiscal ended March 2016, the airline had posted an operational profit of Rs 105 crore.
-
Something Lagging In Air India Staff Commitment: Civil Aviation Minister
The national carrier, staying afloat on a bailout package extended by the central government, is making efforts to improve its financial position, including by way of cost optimisation measures, capacity addition and introduction of new flights.
