Alliance Air launches flight on Bilaspur-Indore route
NEW DELHI: The Centre-run Alliance Air on Monday launched a flight between Bilaspur in Chhattisgarh and Indore in Madhya Pradesh, which will operate four days a week. Chief Minister Bhupesh Baghel, who was in Raipur, virtually launched the inaugural flight at Bilasa Devi Kevat Airport, Bilaspur, located around 125 km away from the capital. The […]
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 […]
Alliance Air makes first operating profit since inception
NEW DELHI: National carrier Air India’s wholly-owned subsidiary Alliance Air on Thursday reported an operating profit of Rs 65.09 crore in FY20. This is the first time the airline has earned operating profit since its inception in 1996. In financial parlance, operating profit constitutes total income earned from operations before taxes and interest liabilities. In […]