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AI suffer losses of over Rs 1700 cr in 3 years from 2009-10

Last Updated: Friday, August 24, 2012, 22:34

The annual losses were Rs 604 crore, Rs 562 crore and Rs 539 crore respectively in 2011-12, 2010-11 and 2009-10.

AI suffered Rs 600 cr loss due to 58-day pilot strike: Govt

Last Updated: Tuesday, August 14, 2012, 14:27

The minister said due to the strike the national carrier had to restructure its operations and operate 39 international flights against 46.

Air India reinstates nine sacked pilots

Last Updated: Monday, July 23, 2012, 15:50

The Air India management on Monday told the Delhi High Court that it has revoked the sacking of nine of the 101 pilots and would sympathetically consider the other cases, which would be decided within four to six weeks.

Air India to raise Rs.7,400 crore in three months

Last Updated: Monday, July 16, 2012, 16:42

The company has also started to scout for merchant bankers for the exercise, which is a part of the company's financial restructuring plan (FRP).

Strike fails to affect AI revenues, up 21% in Q1

Last Updated: Wednesday, July 11, 2012, 16:21

The carrier's topline rose three percent in June over the same period last fiscal, notwithstanding the fact that it operated a truncated flight schedule on the international network during the entire month, officials said.

AI pilots to consult lawyers before calling off their strike

Last Updated: Tuesday, July 03, 2012, 15:43

Agitating Air India pilots on Tuesday said they would consult their lawyers before they called off their almost two-month-long strike, soon after the Delhi High Court asked them and airline management to arrive at a settlement.

Air India strike is second longest in aviation industry

Last Updated: Sunday, July 01, 2012, 20:21

The strike by a section of Air India pilots will Monday enter the 57th day, to attain the notorious distinction of becoming the second longest strike in the country's aviation history.

AI mulling the option of hiring expat co-pilots

Last Updated: Sunday, July 01, 2012, 16:05

The carrier, which is crippled by the ongoing 55-day-old strike by a section of pilots, has approached some recruitment firms for hiring foreign pilots, say sources familiar with the development.

Air India strike enters 55th day, two more pilots hospitalised

Last Updated: Saturday, June 30, 2012, 21:11

The Air India strike continued for its 55th day Saturday, taking the national carrier's revenue losses to an estimated Rs.605 crore, while two more of the agitating pilots on a hunger strike were hospitalised.

Agitating Air India pilots seeks PM, Sonia's intervention

Last Updated: Thursday, June 28, 2012, 18:29

With three pilots, who were on hunger strike since Sunday, being hospitalised yesterday following deterioration in their health, the condition of a few more in Delhi and Mumbai worsened.

HC issues notice to Centre, Air India on pilots' plea

Last Updated: Monday, June 25, 2012, 18:26

A vacation bench of Justice Pratibha Rani issued notices to the Centre and the Air India management on the plea, which sought to set aside the May 9, 2012 ex-parte order of the single-judge bench restraining them from going on strike.

Striking AI pilots seek PM's intervention

Last Updated: Monday, June 25, 2012, 18:23

The pilots, who went on a 48-hour hunger strike at Jantar Mantar here, alleged that the minister was speaking in one voice and the airline management in another.