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Air India hedges 10,000 barrels of jet fuel for its aircraft

Last Updated: Wednesday, October 16, 2013, 17:26

In a bid to slash costs, Air India has hedged 10,000 barrels of jet fuel for its aircraft this month, four weeks after its Board gave a nod to the move.

AI board meeting reviews financial, operational performance

Last Updated: Friday, July 19, 2013, 09:12

The meeting was attended by five new part-time directors, who were appointed recently, apart from the national carrier's top management and Civil Aviation Ministry representatives, airline sources said.

AI board meets Friday, revival plan on discussion table

Last Updated: Thursday, July 18, 2013, 20:36

The meeting is likely to be attended by all the five part-time directors appointed recently, apart from the top management and Government nominees, they said.

Govt appoints 5 experts on AI Board to suggest cost-cutting

Last Updated: Monday, May 27, 2013, 20:05

Government today appointed five experts from different fields as part-time Directors on the Air India Board, including IIM-Ahmedabad professor Ravindra H Dholakia who had headed a panel to suggest cost-cutting measures for the ailing national carrier.

AI Board approves hive-off plan of its engineer, ground handling services

Last Updated: Tuesday, December 11, 2012, 22:25

The Air India Board, at a meeting here, approved a Rs 768- crore proposal to hive off engineering and ground handling services from January next year, sources close to the development said.

NRI businessman Yusafali quits Air India board

Last Updated: Saturday, July 21, 2012, 20:30

Leading Gulf-based NRI entrepreneur M A Yusafali has resigned from the director board of Air India, resenting the airline's 'failure' to serve the interests of thousands of Keralites working in the Gulf.

AI board discusses VRS plan, sale of old planes

Last Updated: Tuesday, July 03, 2012, 22:43

The board of cash-strapped Air India (AI) Tuesday discussed the feasibility of offering VRS to some of its nearly 29,000 employees as the national carrier fights for survival in the face of mounting debt.

AI board to meet on Monday; pilots' strike enters 20th day

Last Updated: Sunday, May 27, 2012, 19:22

Air India board will meet here Monday to discuss the nearly three-week-old strike by over 200 pilots and a host of financial issues.

No AI bookings for west-bound flights till Thursday

Last Updated: Monday, May 14, 2012, 23:15

On day seven of the agitation by over 200 pilots, 14 international flights were cancelled, bringing no end to the woes of the passengers.

Fly first, talks later: Govt to striking Air India pilots

Last Updated: Monday, May 14, 2012, 22:07

As losses in the wake of the agitation by over 200 pilots of the Indian Pilots Guild crossed over Rs.150 crore, 14 international flights were cancelled, bringing no end to the woes of the passengers.

AI Board approves asset monetisation, endorses stand on pilots

Last Updated: Monday, May 14, 2012, 14:07

Air India's Board Monday approved a plan to raise Rs 5,000 crore over 10 years by monetising its assets to repay loans extended to it by the government and it lenders.

Cash-strapped AI decides to sale, leaseback Dreamliners

Last Updated: Saturday, December 24, 2011, 15:13

The Air India Board has already decided to go for sale of these aircraft to a lesser and immediate leaseback.