Air-India
Government okays AI revamp plan; to infuse Rs30,000 cr by 2020
12 Apr 2012
The cabinet committee on economic affairs today approved its turnaround and restructuring plan for Air India, which includes a government bailout of Rs30,000 crore for the airline by 2020 and a restructuring of debt
Cabinet nod for AI turnaround plan likely today
12 Apr 2012
Apart from restructuring its debt, which would ease its interest burden by almost Rs1,000 crore, the ailing national carrier may also be allowed to issue government-guaranteed bonds worth Rs7,400 crore
Banks approve financial restructuring plan for Air India
31 Mar 2012
The debt restructuring plan involves conversion of about Rs10,500 crore of the airline's Rs14,000 crore working capital loans to long-term debt
A way out of the aviation turbulence
30 Mar 2012
If the government had not taken over Air India from the Tatas, maybe the airline would have been one of the best in the world now and New Delhi or Mumbai would have been the world’s fastest growing aviation hub. Maybe, it is still not outrageously naive to hope for two or three healthy and friendly airline companies in our skies, if the government can muster up some resolve. By Shivshanker Verma
Air India pilots threaten strike from 2 April
28 Mar 2012
Air India pilots firm on strike if dues not cleared
24 Mar 2012
The management has assured the unions that they would get their salaries on time from next month and that their arrears would also be cleared soon
Air India launches booking through mobile phone
20 Mar 2012
