Tata 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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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's $8.5 Billion Debt Pile To Be Split Before Stake Sale
The debt will be divided into sustainable and unsustainable debt, said Minister of State for Civil Aviation Jayant Sinha.
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Latest On Air India Sale In 10 Points: Government Prefers Domestic Buyer
The government would prefer selling Air India, its debt-laden carrier to a domestic buyer, news agency Reuters reported citing a government source on Monday. It is mulling to sell the airline's various businesses - which include ground-handling, domestic operations and international flights - in parts, the report added. The state-run carrier, which...
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Tata Group Shows Interest In Buying Majority Stake In Air India: Report
Privatising Air India is expected to be difficult unless the government writes off at least part of the debts.
-
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.
-
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's $8.5 Billion Debt Pile To Be Split Before Stake Sale
The debt will be divided into sustainable and unsustainable debt, said Minister of State for Civil Aviation Jayant Sinha.
-
Latest On Air India Sale In 10 Points: Government Prefers Domestic Buyer
The government would prefer selling Air India, its debt-laden carrier to a domestic buyer, news agency Reuters reported citing a government source on Monday. It is mulling to sell the airline's various businesses - which include ground-handling, domestic operations and international flights - in parts, the report added. The state-run carrier, which...
-
Tata Group Shows Interest In Buying Majority Stake In Air India: Report
Privatising Air India is expected to be difficult unless the government writes off at least part of the debts.
