After months of speculation and a previous failed attempt at privatization, there finally is a confirmation of sorts in the ever-lengthening saga of Air India’s privatization that everyone knew already. The civil aviation minister of India Hardeep Singh finally announced that the government is looking to sell 100 percent of the airline. This point is critical to having a successful round of bids in this second attempt at privatization. One of the reasons it first failed the first time around…
It is now expected that the official expression of interest for privatizing Air India should be done by the end of November, after a delay of a month in the drawn-out process for privatization. The committee overseeing the privatization was supposed to have it ready by the end of October…
Air India's first service to London's Stansted airport celebrated its inaugural flight on Thursday. The service from Amritsar in India - numbered AI 166 - is operated by a Boeing 787-8 aircraft and will fly three times a week, departing Stansted on Mondays, Thursdays and Saturdays. The route marks the…
As the privatization of Air India is underway, the airline convened a meeting with airline staff on Monday to discuss the matter. Meanwhile, the airline suffered a setback before the meeting as an oil company announced that it planned to cut its fuel supply to the airline at six airports…
The desperate attempts to privatize Air India continue with new developments in the seemingly never-ending saga. After a previous failed attempt, the Indian government has gone back to the drawing board to figure out a way to offload debt and come up with more favorable terms for potential bidders. Overloaded…
Developments on the ever-elongating saga of privatizing Air India may be on the horizon as the Air India Specific Alternative Mechanism (AISAM), comprising of a group of ministers within the government, are set to convene soon to finalize their plans to push off the airline to private investors. The plans…
While the grounding of Jet Airways was a boom to several airlines in India, it doesn’t seem to be helping Air India that much. The airline is continuing to struggle to pay its bills and has fallen so behind that the Indian Oil Corporation (IOC) and two other fuel companies…
While the grounding of Jet Airways was a boom to several airlines in India, it doesn’t seem to be helping Air India that much. The airline is continuing to struggle to pay its bills and has fallen so behind that the Indian Oil Corporation (IOC) and two other fuel companies…
Air India announced that they will offer a 40 percent discount three hours before departure. The state-owned carrier said that customers can buy the discounted domestic tickets from all outlets which include Air India’s website, mobile app and booking counters. Air India is facing stiff competition with low-cost carriers’ competitive…
Air India announced this weekend it has set aside nearly $100 million to get nearly 20 grounded narrowbody aircraft back in the air months after they were first pulled out of service due to engine troubles. Originally, the airline had planned to leave the aircraft sitting until the necessary funds…
