Tag: Air India

Air India announces to lease six Boeing 777 aircraft to expand its fleet

MUMBAI (INDIA): Air India on Monday said it is leasing six wide-body Boeing B777 aircraft to expand its existing fleet, which will be in addition to the leasing of 30 planes announced earlier this year. Earlier in the day, the Tata Group-owned full service carrier had announced that it has decided to lease 12 aircraft […]

Air India receives over 73,750 applications for cabin crew, pilots in 2 months

NEW DELHI: Air India (AI), which has embarked on expansion plans, on Thursday said it has received more than 1,752 applications for pilots and 72,000 applications for cabin crew in the last two months. The loss-making carrier, taken over by Tata group in January this year, has also received more than 25,000 applications in a […]

India begins sale of erstwhile national carrier Air India’s 2 subsidiaries

NEW DELHI: The government of India has initiated the process of privatising 2 subsidiaries AIASL and AIESL of erstwhile national carrier Air India, an official said. The Department of Investment and Public Asset Management (DIPAM) has initiated investor meetings and roadshows to gauge interest in AIASL and AIESL. We will soon invite EoIs from interested […]

Tata Group appoints Campbell Wilson as CEO & MD of Air India

NEW DELHI: The Tata Group said that it has appointed Campbell Wilson as CEO & MD of Air India. Wilson is currently CEO of Singapore Airline’s low-cost subsidiary Scoot. Earlier this year, Tata Group had named Turkish Airlines Chairman Ilker Ayci as Air India’s CEO & MD, but he subsequently denied the position. Wilson, 50, […]

Government paying Rs 20 crore daily on Air India, wants quick handover: DIPAM Secretary

NEW DELHI: Two aborted missions, three different ministers, multiple rule changes and two decades later, Indian taxpayers will no longer have to pay Rs 20 crore per day to keep the loss-making Air India flying. While opposition Congress expectedly attacked the decision as selling the family silver, DIPAM Secretary Tuhin Kanta Pandey said what Tata […]

Work to monetise Alliance Air, 3 other Air India subsidiaries to start: DIPAM Secretary

NEW DELHI: After the historic Air India privatisation, the government will now start work on monetising its four other subsidiaries, including Alliance Air, and over Rs 14,700 crore worth non-core assets like land and building, DIPAM Secretary Tuhin Kanta Pandey said. The government on October 8 had announced that salt-to-software conglomerate Tatas have won the […]

Air India flight with all-woman cockpit crew successfully lands at Bengaluru airport

NEW DELHI: Air India’s longest direct flight from San Francisco to Bengaluru with an all-woman cockpit crew successfully landed in the southern city on Monday. The national carrier had said on Saturday that this flight would be the longest commercial flight in the world to be operated by any Indian airline and the total flight […]

Modi government invites EoI for strategic sale of Shipping Corporation

NEW DELHI: The Narendra Modi government (Centre) has expanded its strategic disinvestment plan for current fiscal initiating the sell-off plan for Shipping Corporation of India Ltd (SCI) by inviting expression of interest from potential interested parties. The government proposes to sell its entire shareholding of 63.75 per cent in the listed entity to a buyer […]

Disqualify Tata Sons from Air India bid: Subramanian Swamy

NEW DELHI: BJP’s Rajya Sabha MP Subramanian Swamy has said that Tata Sons or any of its partners should be disqualified from bidding for national carrier Air India. Swamy has written to Civil Aviation Minister Hardeep Singh Puri on this. “In public interest and in the interest of justice, Tata Sons and/or with any other […]

Kanti Commercials and consortium puts in EoI for Air India

NEW DELHI: Kanti Commercials, followed by Fragment Nivesh and Enormous Nivesh are the top three companies that are leading a consortium, which put an EoI for Air India. “We are very much eligible to bid for the disinvestment programme of Air India and have expertise in turning around sick industrial enterprises into profitable ones, said […]

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