Air India Debt
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Air India's Reboot: Best On-Time Performance Among Indian Airlines
Almost a year has passed since India's biggest conglomerate bought Air India Ltd., promising to turn it into a world-class airline. Reviving the carrier and winning over passengers won't be easy.
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Airports Authority Seeks Annual Dividend Payment Waiver For 2021-22
AAI has requested the Government to waive the compulsory dividend payment requirement for the financial year ended March 2022
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Air India Transaction "Extremely Challenging": Minister J Scindia To NDTV
Air India had to be sold because debt had been piling up to a point where it could no longer be sustained by the government, Civil Aviation Minister Jyotiraditya Scindia told NDTV today, a day after Tata group formally took over the airline.
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Centre Settles Over Rs 61,000 Crore Air India Debt Before Transfer To Tatas
The government has settled over Rs 61,000 crore of Air India's legacy debt and other liabilities that were left in AIAHL -- the company holding residual assets and liabilities of the airline -- ahead of the transfer of the national carrier to the Tata Group.
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Tata's Takeover Of Air India: 5 Key Points
Air India is back with the Tatas. The government formally handed over the airline to Tata group today, nearly four months after the salt-to-software conglomerate outbid a consortium led by SpiceJet chief Ajay Singh.
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Air India, SpiceJet Owe Rs 2,350 Crore And Rs 185 Crore As Dues
Air India and private airline SpiceJet owe Rs 2,350 crore and Rs 185 crore respectively, to the Airports Authority of India
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Ratan Tata Says "Will Take Considerable Effort To Rebuild Air India"
Tata Sons chairman emeritus Ratan Tata today expressed delight after the salt-to-software conglomerate won the bid to acquire debt-laden Air India.
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For Air India, Bids From Tatas, Spice Jet Are In
Air India is laden with a huge debt of around Rs 43,000 crore of which Rs 22,000 crore will also be transferred to the Air India Asset Holding Limited (AIAHL).
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Air India Sold Its 115 Properties For Rs 738 Crore Since 2015: Government
Air India has sold its 115 properties for Rs 738 crore since 2015 to offset its debt, Minister of State for Civil Aviation VK Singh said on Thursday.
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Government Changes Bidding Terms For Air India To Fast-Track Sale
Enterprise value of a company includes the equity value, debt as well as cash with the company. Equity value measures the value of a company's shares.
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"Will Remove Constraints": Government's New Plan To Sweeten Air India Deal
The government is considering allowing potential suitors for Air India decide how much of the flag carrier's debt they want to take on as part of the deal, Disinvestment Secretary Tuhin Kanta Pandey said.
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To Sweeten Air India Bid, Government May Drop Debt Condition: Report
India is proposing to drop a condition that the winning bidder for Air India will have to take on $3.3 billion of aircraft debt, people with knowledge of the matter said.
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UAE Honours Indian Businessman For Philanthropic Work
The UAE has honoured an Indian businessman for helping debt-ridden migrant prisoners by assisting them to repay their debts and providing them free air travel back to their respective countries, according to a media report.
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Air India Looking To Contain Costs By Cutting Operating Expenses, Debt
Air India wants to reduce its dependence on the exchequer for funds, the airlines' chairman said on Thursday
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NRIs Can Now Own 100% In Air India Via Automatic Route
As per the existing norms, 100 per cent FDI is permitted in scheduled domestic carriers, subject to certain conditions, including that it would not be applicable for overseas airlines. In the case of scheduled airlines, 49 per cent FDI is permitted through automatic approval route and any such investment beyond that level requires government nod.
-
Air India's Reboot: Best On-Time Performance Among Indian Airlines
Almost a year has passed since India's biggest conglomerate bought Air India Ltd., promising to turn it into a world-class airline. Reviving the carrier and winning over passengers won't be easy.
-
Airports Authority Seeks Annual Dividend Payment Waiver For 2021-22
AAI has requested the Government to waive the compulsory dividend payment requirement for the financial year ended March 2022
-
Air India Transaction "Extremely Challenging": Minister J Scindia To NDTV
Air India had to be sold because debt had been piling up to a point where it could no longer be sustained by the government, Civil Aviation Minister Jyotiraditya Scindia told NDTV today, a day after Tata group formally took over the airline.
-
Centre Settles Over Rs 61,000 Crore Air India Debt Before Transfer To Tatas
The government has settled over Rs 61,000 crore of Air India's legacy debt and other liabilities that were left in AIAHL -- the company holding residual assets and liabilities of the airline -- ahead of the transfer of the national carrier to the Tata Group.
-
Tata's Takeover Of Air India: 5 Key Points
Air India is back with the Tatas. The government formally handed over the airline to Tata group today, nearly four months after the salt-to-software conglomerate outbid a consortium led by SpiceJet chief Ajay Singh.
-
Air India, SpiceJet Owe Rs 2,350 Crore And Rs 185 Crore As Dues
Air India and private airline SpiceJet owe Rs 2,350 crore and Rs 185 crore respectively, to the Airports Authority of India
-
Ratan Tata Says "Will Take Considerable Effort To Rebuild Air India"
Tata Sons chairman emeritus Ratan Tata today expressed delight after the salt-to-software conglomerate won the bid to acquire debt-laden Air India.
-
For Air India, Bids From Tatas, Spice Jet Are In
Air India is laden with a huge debt of around Rs 43,000 crore of which Rs 22,000 crore will also be transferred to the Air India Asset Holding Limited (AIAHL).
-
Air India Sold Its 115 Properties For Rs 738 Crore Since 2015: Government
Air India has sold its 115 properties for Rs 738 crore since 2015 to offset its debt, Minister of State for Civil Aviation VK Singh said on Thursday.
-
Government Changes Bidding Terms For Air India To Fast-Track Sale
Enterprise value of a company includes the equity value, debt as well as cash with the company. Equity value measures the value of a company's shares.
-
"Will Remove Constraints": Government's New Plan To Sweeten Air India Deal
The government is considering allowing potential suitors for Air India decide how much of the flag carrier's debt they want to take on as part of the deal, Disinvestment Secretary Tuhin Kanta Pandey said.
-
To Sweeten Air India Bid, Government May Drop Debt Condition: Report
India is proposing to drop a condition that the winning bidder for Air India will have to take on $3.3 billion of aircraft debt, people with knowledge of the matter said.
-
UAE Honours Indian Businessman For Philanthropic Work
The UAE has honoured an Indian businessman for helping debt-ridden migrant prisoners by assisting them to repay their debts and providing them free air travel back to their respective countries, according to a media report.
-
Air India Looking To Contain Costs By Cutting Operating Expenses, Debt
Air India wants to reduce its dependence on the exchequer for funds, the airlines' chairman said on Thursday
-
NRIs Can Now Own 100% In Air India Via Automatic Route
As per the existing norms, 100 per cent FDI is permitted in scheduled domestic carriers, subject to certain conditions, including that it would not be applicable for overseas airlines. In the case of scheduled airlines, 49 per cent FDI is permitted through automatic approval route and any such investment beyond that level requires government nod.
