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The government placed a demand for an additional expenditure of Rs 25,725 crore in the Parliament today to meet its needs for the current fiscal. Full Article at Indian Express
Bad planning continues to hurt the bleeding Maharaja. Last month, Air India operated an empty flight from Riyadh to Mumbai wasting fuel worth crores. Full Article at Hindustan Times
Stranded Air India passengers try to get information at an Air India ticket counter at the airport in New Delhi, India, Tuesday, Sept. 29, 2009. View Photo »
Airlines are growing, but they lack MRO support. After Air India, we are the second company offering MRO services in India, and now we are expanding our facilities to support increasing operations. We are investing about $40m in expanding our existing facilities and raising funds from internal and debt ...
NEW DELHI: The government will spend an extra Rs 25,725 crore this fiscal but will not borrow from the market to finance this expenditure, allaying fears of the bond market. Full Article at Economic Times
RNRL's submissions on the MoU New Delhi: The Centre on Tuesday sought the Parliaments nod to spend an extra Rs 25,725 crore in order to subsidise food and fertilisers and bolster a national fund to mitigate the impact of calamities like drought. Full Article at Expressindia.com
To dole out Rs 3,000 cr to fertiliser companies; Rs 800 cr to AI The government today sought Parliament’s approval for additional spending of Rs 25,725 crore on fertiliser subsidies, food and for equity infusion in ailing state-run carrier Air India... Full Article at Business Standard
A stranded Air India passenger traveling from Muscat to Patna narrates his experience to a media personnel at the airport in New Delhi, India, Tuesday, Sept. 29, 2009. View Photo »
We have taken four Airbus A-310 aircraft of which two are on a 36-month lease from Air India. The other two aircraft are from a Turkish company and have been leased for five years. We are looking at a window of opportunity between January 15 and February 1 for launching the project
VISAKHAPATNAM: Air India has announced revised timings for its flights between Visakhapatnam and other cities from Thursday. Full Article at The Hindu
Industry & Economy - Budget Web Extras - Politics Mr Pranab Mukherjee For 2 per cent interest subvention to scheduled commercial banks in respect of rupee export credit, an amount of Rs 200 crore is sought to be provided. Full Article at Hindu Business Line
Air India Limited (Hindi: एअर इंडिया) is the national airline of India with a worldwide network of passenger and cargo services. It is part of National Aviation Company of India Limited and the only state-owned airline in the country. The company was created due to Air India's merger with Indian Airlines. Full Article
Stranded Air India passengers try to get information at an Air India ticket counter at the airport in New Delhi, India, Tuesday, Sept. 29, 2009. The agitation by Air India executive pilots over the issue of cut in perks entered the fourth day Tuesday, according to news reports.
View Photo »A stranded Air India passenger traveling from Muscat to Patna narrates his experience to a media personnel at the airport in New Delhi, India, Tuesday, Sept. 29, 2009.
View Photo »Air India aircrafts stand on the tarmac at the airport in Mumbai September 27, 2009. State-run Air India will cut productivity linked incentives payable to its employees by up to 50 percent, in a cost cutting measure affecting over 7,000 of its employees.
View Photo »Air India aircrafts stand on the tarmac at the airport in Mumbai September 27, 2009. State-run Air India will cut productivity linked incentives payable to its employees by up to 50 percent, in a cost cutting measure affecting over 7,000 of its employees.
View Photo »Air India Red players reacts after the dismissal of Air India Blue's Mahendra Singh Dhoni, unseen, during the final match of Board of Control for Cricket in India's Corporate Trophy in Bangalore, India, Tuesday, Sept. 8, 2009. The tournament offers a purse of INR 10,000,000 (USD $206,313).
View Photo »Air India Blue's Mahendra Singh Dhoni, third from right, waits with Air India Red players for the third umpire's decision during the final match of Board of Control for Cricket in India's Corporate Trophy in Bangalore, India, Tuesday, Sept. 8, 2009.
View Photo »Air India Red's Robin Uthappa, left, plays a shot during the final match of Board of Control for Cricket in India's Corporate Trophy in Bangalore, India, Tuesday, Sept. 8, 2009. The tournament offers a purse of INR 10,000,000 (USD $206,313).
View Photo »Air India Red's captain Yuvraj Singh, right, and teammate Naman Ojha, left, appeal successfully for the dismissal of Air India Blue's Mohammad Kaif, center, during the final match of Board of Control for Cricket in India's Corporate Trophy in Bangalore, India, Tuesday, Sept. 8, 2009.
View Photo »Air Indian Red batsman Robin Uthappa plays a shot during the final of the BCCI Corporate Trophy in Bangalore on September 8, 2009. Batting first, Air India Red scored 284 runs against the Air India Blue team.
View Photo »Air Indian Red batsman Yuvraj Singh plays a shot during the final of the BCCI Corporate Trophy in Bangalore on September 8, 2009. Batting first, Air India Red scored 284 runs against the Air India Blue team.
View Photo »Air Indian Red batsman Yuvraj Singh plays a shot during the final of the BCCI Corporate Trophy in Bangalore on September 8, 2009. Batting first, Air India Red scored 284 runs against the Air India Blue team.
View Photo »Air Indian Red batsman Robin Uthappa plays a shot during the final of the BCCI Corporate Trophy in Bangalore on September 8, 2009. Batting first, Air India Red scored 284 runs against the Air India Blue team.
View Photo »Air Indian Blue captain Mahendra Singh Dhoni bowls during the final of the BCCI Corporate Trophy in Bangalore on September 8, 2009. Batting first, Air India Red scored 284 runs against the Air India Blue team.
View Photo »Air Indian Red batsman Yuvraj Singh is dismissed during the final of the BCCI Corporate Trophy in Bangalore on September 8, 2009. Batting first, Air India Red scored 284 runs against the Air India Blue team.
View Photo »Air Indian Red batsman Yuvraj Singh ducks a ball during the final of the BCCI Corporate Trophy in Bangalore on September 8, 2009. Batting first, Air India Red scored 284 runs against the Air India Blue team.
View Photo »Air Indian Red batsman Yuvraj Singh plays a shot during the final of the BCCI Corporate Trophy in Bangalore on September 8, 2009. Batting first, Air India Red scored 284 runs against the Air India Blue team.
View Photo »Air Indian Red batsman Robin Uthappa plays a shot during the final of the BCCI Corporate Trophy in Bangalore on September 8, 2009. Batting first, Air India Red scored 284 runs against the Air India Blue team.
View Photo »Air India's Boeing 747 aircraft stands on the tarmac after one of its engines caught fire, at the Mumbai airport September 4, 2009. A fire on an Air India flight with 228 on board was extinguished on Friday and all passengers safely evacuated, a spokesman for Mumbai airport said.
View Photo »Air India's Boeing 747 aircraft (rear) stands on the tarmac after one of its engines caught fire as another Air India aircraft prepares to take off at the Mumbai airport September 4, 2009.
View Photo »India's ruling Congress Party chief Sonia Gandhi (C) and India's Railway Minister Laloo Prasad Yadav (L) wave flags as an Air India aircraft heads off to Dubai from Srinagar during the inauguration of Kashmir's first international airport in Srinagar February 14, 2009.
View Photo »India's ruling Congress Party chief Sonia Gandhi (3rd R) waves from an Air India aircraft that has arrived from Dubai after the inauguration of Kashmir's first international airport in Srinagar February 14, 2009.
View Photo »Passengers disembark an Air India aircraft that has arrived from Dubai after the inauguration of Kashmir's first international airport in Srinagar February 14, 2009.
View Photo »MUMBAI, INDIA - FEBRUARY 3: A man makes chapatis as an Air India passenger jet flies over the Jari Mari slum before landing at Mumbai Airport, on February 3, 2009 in Mumbai, India.
View Photo »An Afghan farmer displays an apple at the Kabul International airport on November 12, 2009, before an Air India flight carrying Afghan apples took off for New Delhi.
View Photo »Afghan Agriculture Minister Mohammad Asif Rahimi (L), Indian ambassador to Afghanistan Jayant Prasad (2nd L) and Afghan farmers pose with apples at the Kabul International airport on November 12, 2009, before an Air India flight carrying Afghan apples took off for New Delhi.
View Photo »A stranded Air India passenger traveling from Muscat to Patna narrates his experience to a media personnel at the airport in New Delhi, India, Tuesday, Sept. 29, 2009.
View Photo »Airlines are growing, but they lack MRO support. After Air India, we are the second company offering MRO services in India, and now we are expanding our facilities to support increasing operations. We are investing about $40m in expanding our existing facilities and raising funds from internal and debt ...
We have taken four Airbus A-310 aircraft of which two are on a 36-month lease from Air India. The other two aircraft are from a Turkish company and have been leased for five years. We are looking at a window of opportunity between January 15 and February 1 for launching the project
For extending baggage check-in facility, Air India should have to operate a flight from Vijayawada to Hyderabad. This service will definitely find good patronage
Airlines are growing, but they lack MRO support. After Air India, we are offering MRO services in India and now expanding our facilities to support our increasing operations. We are investing about $40 million [Dh147m] in expansion of existing facility and raising funds from internal and debt financing ...
Air India will have to provide a revenue enhancement and a cost cutting programme to the extent of at least Rs 2,000 crore (nearly US$430 million) by March, which in a way will at least give a direction to the way forward, because until and unless a direction is set, recovery will not be visible
Figures from Air India and Kingfisher Airlines are not currently available
We are looking at an equity infusion of Rs 800 crore as initial tranche ... We will be monitoring the monthly progress made by Air India and then decide on the next tranche of equity support.
We will see the first tranche of equity infusion into Air India coming in by December
We will also monitor the cost cutting and revenue enhancements measures, and based on that we will look into further equity support. As of now, we will infuse Rs.800 crore into Air India
We are looking at equity infusion of 8 billions to Air India in the next two months. That would be initial tranche and as we have said we would be monitoring the monthly progress before we move into the next tranche of giving equity support
We are broadly looking at an equity infusion linked to monthly performance parameters. This is not the total equity infusion, which is being looked at for Air India. So, it is in a way we are also going to see how it performs on a monthly basis to be able to finally take a call at the end of March as to...
This is time of trial of the Air India, everybody who matters should contribute
The number of Myanmar pilgrims going on Bodhgaya tours has increased by about 50 percent ... Before we depended on Air India flights to Kolkata but now Myanmar Airways International has added the Yangon-Gaya route to its schedule from October. This makes it easier for pilgrims to travel there.
Our members are agitated and would like us to announce strike action. We are sympathetic to the cause of our colleagues from Indian Airlines, but Air India’s holding company — the National Aviation Company of India Limited — does not have the working capital to pay salaries
Pinch would also be felt by Air India and Jet Airways as low cost operators may eat up from their share of passengers as well
We want some independent agency to investigate the whole issue, including the merger (of Air India and Indian Airlines), which has proved to be a complete failure
For Air India, three Boeing 777s being built will be delivered late next year. The remaining three that were ordered have been deferred. We have not heard of any cancellations. They will get 787s (Dreamliners) towards the second quarter of 2011, by which time we expect Air India to recover from the cris...
We are not delivering planes to anyone - be it Air India, Jet Airways or SpiceJet
We aim to end salary delays. Kingfisher Airlines and Jet Airways have similar financial difficulties and if they can pay on time, why can't a government enterprise like Air India
We’re not calling for loads of flights. We just want this to be re-instated. It will benefit the environment because there will be less people making long journeys down to Heathrow. Air India pulled out of Birmingham to protect their slot at Heathrow, but we don’t mind what airline provides the flight. ...
The finance ministry would not want to increase Air India’s fund-raising capability...because if the carrier fails to repay the loans, it would ultimately come back to the government
logically most of these losses will come from Air India.
Going forward, we see a very positive uptake for us. Our customers are Air India, Jet Airways, and SpiceJet. There has been no single order cancellation out of India. With a potential market of $100 billion in the next 20 years, the future of the Indian aviation industry is very bullish
The losses will be mostly from Air India.
We are still in talks with Air India too see what they will need going forward.
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