Cag Report On Air India

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  Air India Paid "Avoidable" Penalty To Boeing On Non-Adherence Of Timelines: CAG

  Air India paid an "avoidable" penalty of Rs 43.85 crore to Boeing for non-adherence of contractually agreed timelines under a component service pact

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  Air Force's Airfields Reeling Under Severe Shortcomings, Finds Auditor

  In a scathing report, national auditor CAG on Tuesday highlighted a range of operational shortcomings in frontline airfields of the Indian Air Force, including lack of aircraft refuellers, radars and ammunition handling equipment.

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  3,600 Crores Later, Made-In-India Akash Missile Fails Tests, Says Auditor

  As many as a third of the home-made Akash surface-to-air missiles have failed basic tests, says the country's national auditor, claiming the deficiencies of the missiles "posed an operational risk during hostilities."

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  Air India Made Rs 321 Crore Operating Loss Last Fiscal, Not Profit: CAG

  Air India, which is staying afloat on taxpayers' money, reported an operational profit of Rs 105 crore in 2015-16 -- its first in more than a decade.

• CAG report on VVIP chopper deal: AK Antony had questioned foreign trials

  Defence Minister AK Antony had questioned the IAF decision to hold overseas trials for the VVIP chopper deal but later agreed to the same after receiving an assurance from the then IAF top brass, states a CAG report.

• PAC to examine CAG reports on KG Basin, Air India

  Parliament's Public Accounts Committee (PAC) today decided to take up for examination the government auditor's reports on KG basin and the performance of Air India. The PAC, at a meeting chaired by BJP leader Murli Manohar Joshi, decided to start examining the Comptroller and Auditor General (CAG) performance audits of the 'Hydrocarbaon Prod...

• No money to pay for 27 Boeing 787s ordered: Vayalar Ravi

  The government's auditor has tabled a report that says Air India is in a financial mess largely because of its extravagant buying and leasing of planes and Civil Aviation Minister Vayalar Ravi admits the national carrier does not have the money to pay for 27 Boeing 787s that it has ordered.

• CAG report slams Air India expansion

  The report of the Comptroller and Auditor General (CAG) on Air India, tabled in Parliament today, takes the Civil Aviation Ministry to task on its expansion plans. The government's auditor has said crores were wasted in the purchase and leasing of aircraft and that was the basic reason that the national carrier is in a financially crippled state.

• CAG slams Air India for Rs 200 crore loss

  There seems to be more trouble for the government from its auditor. The Comptroller and Auditor General's (CAG) report on Air India has slammed the airline's management for a lack of foresight and said the decision to buy new aircraft caused a loss of Rs 200 crore.The report says the expansion plans of the national carrier were not based on due dil...