Air India privatisation

Air India employees in stress due to pay cut: President of Alliance Air Employees Union Binoy Viswam

Binoy raised the issue of the Government's decision to privatise the airline and leave without pay policy for Air India employees. He stressed that over the past two years, the entire Air India organization has been severely affected by the Government's decision to privatise the airline. 

Aug 09, 2020, 07:30 AM IST

Air India sale a scam in the making, will file complaint if I find culpability: Subramanian Swamy

Swamy has threatened to file a complain if he finds anything wrong with the deal.

Mar 31, 2018, 21:45 PM IST

UPA made the Maharaja a beggar, we are restoring his glory: Minister on Air India sale

He said the airline would be kept independent after the stake sale.

Mar 29, 2018, 21:09 PM IST

SpiceJet "too small" to snap up Air India, says Ajay Singh

In June 2017, the government had decided to exit fully or partially the national carrier, which is sitting on Rs 60,000 crore debt.

Jan 30, 2018, 21:24 PM IST

Choose right privatisation process for Air India: IATA chief

As part of efforts to revive ailing Air India, the government is working out the modalities for its strategic disinvestment.

Dec 10, 2017, 15:15 PM IST

Tata chairman Chandrasekaran says interested in bidding for Air India

The government has not said whether it will sell all or parts of Air India and what it might do about the loss-making airline`s debt burden of $8.5 billion.

Oct 10, 2017, 07:47 AM IST

Ahead of privatisation, Air India to offer VRS to 15,000 employees

Air India is drawing up a proposal to offer voluntary buyouts to just over a third of its 40,000 employees, two government officials said, in what would be one of the largest such offers in India's state sector, as the airline slashes costs ahead of a 2018 sale.

Jul 19, 2017, 14:08 PM IST

Will not pursue AI bid if not profitable: IndiGo President

Having joined the race to buy out Air India, IndiGo President Aditya Ghosh has told employees that it will not embark on the journey if it is not profitable and jeopardises interests of the airline.

Jun 30, 2017, 15:31 PM IST

Govt appoints Arvind Kathpalia Air India operations director

Pilots at the airline had opposed the appointment of Kathpalia when his name was cleared for the post by the Appointments Committee of the Cabinet in March.

Jun 29, 2017, 14:48 PM IST

IndiGo airlines shows interest in buying stake in Air India

IndiGo said in a letter it would be interested in buying out the International operations of Air India and its low-cost wing, Air India Express.

Jun 29, 2017, 14:15 PM IST

Only the brave will take on Air India: Anand Mahindra

The head of the Mahindra Group conglomerate, who is known for risky acquisitions, made it clear that he was not in contention.

Jun 29, 2017, 12:49 PM IST

Air India debt unsustainable, should go to private hands: Arvind Panagariya

Air India should be privatised as its debt level is "simply not sustainable" and government action on the airline's future course is likely within six months, Niti Aayog vice chairman Arvind Panagariya said on Thursday.

Jun 22, 2017, 20:17 PM IST

Govt looking at all options for Air India's revival including privatisation: Jayant Sinha

The debt-laden Air India is staying afloat on taxpayers' money and the government is looking at all options for its revival, including privatisation.

Jun 20, 2017, 14:12 PM IST

No fresh plane order till clarity on privatisation: Air India

National carrier Air India on Friday said it will not place any order for new aircraft till there is clarity on its future course, including possible privatisation.

Jun 09, 2017, 20:31 PM IST

'Buy an airline for billions and become a millionaire!'

This was a joke narrated by Civil Aviation Minister Ajit Singh when he reiterated his "personal" view on privatising Air India.

Nov 29, 2013, 18:42 PM IST

AI privatisation essential, but "time not ripe now": Ajit

"This government has only about six months left. There is no plan (for privatising Air India) and the issue is not under active consideration at all," he told reporters here.

Oct 07, 2013, 23:12 PM IST

Ajit Singh does a U-turn on Air India privatisation

The change of stand by the Union Minister came amid mounting pressure by the Opposition parties, which took strong objection to his earlier remark.

Oct 07, 2013, 09:38 AM IST

Oppn slams Ajit Singh for Air India privatisation remark

Warning the Minister against making any "off-the-cuff" remark, senior BJP leader Ravi Shankar Prasad said there must be a proper discussion on the issue.

Oct 06, 2013, 23:00 PM IST

Privatisation of Air India possible if political will prevails: Ajit Singh

Air India is saddled with a loss of Rs 15,000 crore accumulated over the last four years.

Oct 05, 2013, 21:31 PM IST