air india privatisation

Air India sale's financial bidding process has been initiated by the Centre; the process is expected to conclude by September. The process of inviting financial bids for sale of the loss making national carrier Air India has been…

Disinvestment deals of FY21 to be shifted to FY22. The government had set an annual disinvestment receipts target of Rs 2.1 lakh crore for fiscal year 2021, of which only Rs 30,000-40,000 crore have been achieved, which is 14-19% of the…

The new owner of Air India will be given the authority to sell off unused aircrafts, which will result in employee layoffs. The Indian loss making public airline Air India is under a lot of news, due to the airline’s disinvestment…

Interups Inc withdraws its bid from the disinvestment drive of Air India, due a plausible Air India sale clause. New York based investment company Interups Inc has officially withdrawn itself from the bidding process of the Indian loss…

Air India offers a 50% concession on base fare of flight tickets for senior citizens. State-owned carrier Air India has announced a special scheme for senior citizens, which will offer them a concession of 50% on the base fare. …

209 Air India Employees Bid For Acquiring 51% Stake In State Carrier By Investing Rs 1 Lakh Each At the start of this month, we had informed you of reports coming in that stated Air India employees’ speculations of bidding in the…

Govt Will Shut Down Air India Or Sell To Private Firms; Rs 23,000 Cr Debt Can Be 'Absorbed' With the huge debt and no other way around, the Union government will either have to privatize or shut down the loss-making Air India Ltd, as…

Govt Wants Private Firms To Manage All Airports; Air India's Privatization By 2020-End Recently, the Kerala government opposed the Union Cabinet's approval to lease out the Thiruvananthapuram airport to Adani Enterprises under the…

Tata Group Will Take Control Of Air India On January 1st? Find Out How and Why? Tata Group is expected to take control of Air India by the end of 2020 by participating in the bidding process of the government's divestment plans for the…

Govt Will Sell 100% Of Air India To Private Firms; BJP Leader Calls This ‘Anti-National’ Move Decks are now cleared, and the objectives clearly outlined. Govt of India wants to sell 100% of Air India to private players and they have…