Naresh Goyal changes Jet’s stance, says he is open to Air India deal

19 May 2018

Jet Airways had earlier ruled out participating in the Air India divestment, and chairman Naresh Goyal’s changed attitude reflects the hope that the government may ease the terms and conditions of a stake sale

Air India deal for 111 jets under ED scrutiny

14 May 2018

The Enforcement Directorate has started scrutining alleged irregularities in the procurement of aircraft and the surrender of profit-making routes to private airlines

CAPA calls for ‘ring-fencing’ Air India divestment from political risks

05 May 2018

Divestment-bound Air India adding around 270 co-pilots: report

30 Apr 2018

Air India’s staff cost in 2016-17 was Rs2,841.48 crore, which translates to an average employee cost of Rs21 lakh per annum, and a current debt of over Rs50,000 crore

Government proposes holding company for Air India post sale

23 Apr 2018

While a successful bidder will be allowed to bring synergy between Air India and the bidder’s own airline, it potentially excludes a merger of operations with a group's existing brands

Government may get IFC to underwrite AI debt for buyer: report

16 Apr 2018

No takers for Air India as Tatas decide to opt out

11 Apr 2018

The Tata Group is unlikely to consider a bid for the national carrier as the terms are too onerous, a report says. With Jet Airways and IndiGo no longer in the running, it seems no one wants to be part of an airline where the government insists on holding a stake 

Swiss aviation firm shows interest in bidding for Air India

09 Apr 2018

Aviation advisory firm Swiss Aviation Consulting (SAC) has reportedly shown interest in bidding for India’s national carrier, but experts say it does not look serious as the firm may only be scouting for clients

Centre may completely exit Air India, ask LIC to pick up stake

05 Apr 2018

Selling its residual stake in Air India, soon to be privatised, to state-owned Life Insurance Corp would help allay potential investors’ concerns about possible government interference in the airline’s operations

Govt to divest 76% stake in Air India and Air India Express, 50% in AISATS

28 Mar 2018

The government on Wednesday approved the strategic disinvestment of the state-owned carrier Air India, through sale of a majority stake in the airline

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