Debt-laden Air India is up for grabs but potential bidders blow hot and cold

Friday, 11 May 2018

The Indian government’s ambitious plan to privatize debt-laden Air India has run into rough weather with no takers in sight. And with unionized employees as well as political parties kicking up dust, and experts warning against any further delay in finding a suitor, chances are the 86-year-old airline may fall flat after the May 31 deadline. Desperate to meet its Rs 800-billion divestment target in the current financial year beginning April 2018, the Narendra Modi administration on March ...

WATCH: Air India window panel dismantles in mid-air

Sunday, 22 April 2018

An Air India (AI) Boeing 787 Dreamliner aircraft flying from Amritsar to Delhi ran into severe turbulence on Thursday which caused a window panel to completely fall off. The incident, which one of the plane passengers recorded on his mobile phone, caused three injuries and several overhead oxygen masks to be dropped. According to the Times of India, the window was next to seat number ‘12U’ where an elderly woman was sitting. In the video, the woman is seen grabbing her head while ...

Do we allow or ban Indian flights?

Friday, 9 February 2018

The desire of Air India, the Indian airline, to begin flight routes over Saudi Arabia heading to the west and make stops in Israel has been widely reported in the current “enemy’s” media outlets. They have accused Saudi Arabia of allowing the Indians to pass by the old “enemy”, Israel. The Saudi Civil Aviation Authority denied the allegations, and confirmed that they have not given the airline any consent. But let’s look at the situation realistically, in ...

Abdulrahman al-Rashed

India allows 49 percent foreign investment in state-run airline

Wednesday, 10 January 2018

Foreign airlines will be able to buy up to 49 percent of Air India under new rules approved by the government on Wednesday to boost the debt-laden flag carrier. Once the country’s monopoly airline, Air India has slowly lost market share to new low-cost private players in one of the world’s fastest-growing airline markets. The government said last June it was open to selling a stake in the state-owned airline, which has developed a reputation for delays, cancellations and poor service ...

IndiGo eyes Air India stake in possible privatization

Thursday, 29 June 2017

India’s biggest airline, IndiGo, has expressed unsolicited interest in buying a stake in state-owned Air India, the junior aviation minister said on Thursday, a day after the cabinet approved plans to privatize the carrier. Several other airlines, domestic and international, have also expressed an interest in buying part of Air India, Jayant Sinha told reporters. He did not name any of the other airlines. “They (IndiGo) have expressed an interest in the strategic divestment process ...

India approves plan to sell stake in state-owned Air India: minister

Wednesday, 28 June 2017

India’s cabinet approved on Wednesday plans to sell a stake in state-run Air India as the debt-saddled carrier struggles to compete with low-cost rivals in one of the world's fastest-growing airline markets. “A civil aviation ministry proposal was received by the cabinet which was given an in principle approval for the disinvestment of Air India,” finance minister Arun Jaitley said after the meeting. The cabinet also set up a separate group, headed by Jaitley, to decide how to ...

Air India claims record with all-female round-world flight

Monday, 6 March 2017

India’s national airline claimed Monday to have set a new record with the first round-the-world flight staffed entirely by women.Air India said its Boeing 777 travelled from Delhi to San Francisco and back again with an all-female crew last week, the first time such a flight has circumnavigated the globe.The airline, which has faced criticism in the past for grounding dozens of female cabin crew over their weight, said it had applied to Guinness World Records to validate the ...

Air India jet evacuated in bomb scare at Bangkok airport

Thursday, 17 March 2016

Passengers and crew of an Air India jetliner were evacuated using emergency slides at Bangkok's international airport

Air India plane returns to Mumbai after rat spotted on board

Thursday, 31 December 2015

Though the rat was not found, the pilot returned to Mumbai on Wednesday keeping passenger safety in mind

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