The central government might not sell its stake in the ongoing divestment process of the national passenger carrier Air India, if bids do not meet a minimum threshold value or floor price estimated for the airline.
Air India might even shut-down, if its ongoing divestment programme fails due to the terms and conditions set in its 'Express of Interest' (EOI) document. According to aviation consulting firm CAPA India.
The civil aviation ministry has extended the deadline for submitting expressions of interest (EoIs) for Air India by a fortnight to May 31 and has decided to allow shortlisted bidders to change partners.
India will break up its debt-burdened flag carrier Air India into four separate companies and offer to sell at least 51 per cent in each of them as part of a disinvestment.
Air India privatisation should be fast-tracked, delay will erode its value, says aviation think tank
Aviation think tank Centre for Asia Pacific Aviation on Monday said that postponing disinvestment of the state-run airline would further hit its valuation.
The government should review its decision to privatise or disinvest Air India and explore the possibility of “an alternative to disinvestment.
The government has initiated a process for strategic disinvestment of Air India as part of efforts to revive the national carrier.
एयर इंडिया (Air India) ने अपने यहां खाली पदों पर भर्तियां निकाली हैं. 417 पदों के लिए निकाली गई भर्ती के लिए इच्छुक आवेदक ऑनलाइन आवेदन कर सकते हैं.
Existing rules in the country allow foreign airlines to own as much as 49% of an Indian airline, with the exception of Air India.
Air India LTC 80 Fare with effect from 4th December 2017 - Complete list with destination and Basic Fare in Economy and Executive Classes.
Civil aviation minister Jayant Sinha said on Friday that Air India’s domestic and international operations would be sold together.
The National Democratic Alliance (NDA) government is working to conclude the sale of national carrier Air India by June 2018.
Air India has a debt burden of more than Rs 50,000 crore. So far, the embattled carrier has received around Rs 26,000 crore under the package.
This is the second time in little over a month that the Air India, the flagship carrier has floated tenders for short tenure loans.
Tata chief Natarajan Chandrasekaran said Air India would be a “strategic decision” and therefore “data” and “long term story is required”.
Clarification on Grant of ex-post-facto sanction for journeys performed by officers/officials in Airlines other than Air India
Travel by Air while availing LTC - Air India LTC 80 Fare as on March 2017 - Central Government Employees travelling on LTC will have to purchase only Air India Tickets under LTC 80 Fare
Air India makes us Proud - It is an index India would have liked to miss all together. But then it is not to be.
Travel by Air on tour and LTC - Ministry of Finance OM on Exemption for air travel in airlines other than Air India in individual cases of autonomous bodies
Relaxation to travel by airlines other than Air India while availing LTC will be granted only in exceptional circumstances. Non availability of Air India Flight or Seat on a particular on a particular day or time will not…