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updated Sun. April 1, 2018

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The talk of privatising Air India brings up an old question about India's airline business: how many airlines can the Indian market support? Or, more accurately, how many airlines can a route support? The same question can be asked of the global aviation business also. That is why we have ...
The flight - Air India flight 139 - took off to the South, avoiding Pakistani airspace in an ever-contentious region of the nation's skies, before continuing east over the Arabian sea before finally making landfall over eastern Oman. Not even an hour later, the flight, up to this point just a run-of-the-mill ... Saga Saudi Arabian

Warning that he would be following the Air India privatisation deal very closely, Subramanian Swamy said he would file a criminal complaint and take it to court if ... New Delhi: BJP leader Subramanian Swamy on Saturday hit out at the central government led by his party over its plans to privatise Air India. Saga Saudi Arabian
Abu Dhabi: A delayed Air India Express flight caused a lot of inconvenience to passengers flying from Abu Dhabi to Thiruvananthapuram in the South Indian state of Kerala. The flight scheduled to depart at 11.55pm on Friday was finally rescheduled to 9.10pm on Saturday after a failed attempt to depart at ... Saga Saudi Arabian
Budget carrier IndiGo will be able to bid solo for Air India's 76% stake, while other domestic airlines will have to form a consortium to meet the net worth criteria stipulated by the government. The airlines bidding as part of a consortium will also be restricted to owning 51% in the partnership. This means such ... Saga Saudi Arabian
TEL AVIV — The Israeli government has hailed Air India's new nonstop service from New Delhi to Tel Aviv as a historic breakthrough — the Indian carrier is the first commercial airline to take a geopolitical shortcut through Saudi Arabian airspace. But Israel's national airline, El Al, still has to take the long ... Saga Saudi Arabian

While the civil aviation ministry remains tight-lipped about divestment in the Air India group, media speculation continues to be rampant with all kinds of theories being floated. On Thursday, there were reports that the government was thinking in terms of conducting the strategic sale of its stake in the airline ... Saga Saudi Arabian
In its revised draft report on the airline's proposed disinvestment, the panel noted that the turnaround period and financial restructuring plan (FRP) was for a period of 10 years, from 2012 to 2022, and Air India had shown "an overall improvement in various parameters and every indication is that it is coming ... Saga Saudi Arabian
Overflying Saudi Arabia will considerably shorten flight times between Israel and India. The maiden flight is due to leave New Delhi at 6 P.M. Indian time Thursday and arrive at Ben-Gurion Airport at 9:45 P.M. Israel time, according to the Air India website. Earlier this month the company said it planned to fly ... Saga Saudi Arabian
The Air India Boeing 787-8 Dreamliner entered Saudi airspace at around 1645 GMT and overflew the kingdom at 40,000 feet for about three hours, coming within 60 km (37 miles) of the capital Riyadh, according to the Flightradar monitoring app. It then crossed over Jordan and the occupied West Bank into ... Saga Saudi Arabian
The Government of India is leaving no stone unturned to expedite the process of disinvestment of debt-laden national carrier Air India. Few months ago, in a significant move, the government had relaxed the FDI (foreign direct investment) norm, allowing foreign investment up to 49 percent in Air India ... Saga Saudi Arabian
A glance at its performance shows that the government's plan to sell its stake in the carrier may just be what the airline needs. Take on-time performance, for instance. This parameter measures the timeliness of the departure and arrival of Indian flights. Not surprisingly, Air India falls woefully short. Among all ... Saga Saudi Arabian
Air India is facing the charge of stopping a disability activist from boarding a flight from Coimbatore to Chennai on Friday night stating that the aircraft was small and also the passage was too narrow to take the passenger up on a wheel chair. Meenakshi Balasubramanian (40), coordinator of the Centre for ... Saga Saudi Arabian
In route news, Alaska Airlines drops some San Francisco routes; United reveals plans for deployment of its first new 737 MAX 9s; Air India will add flights to San Francisco; Finnair extends its SFO and Chicago schedules; Emirates puts its largest plane back onto a U.S. route; American starts flying three new ... Saga Saudi Arabian
Rattan Singh Kalsi kept photos of all his grown children in his room at the seniors' home, but one of them towered over the rest. The photo anchored a kind of shrine to his daughter, Indira, who had died more than 30 years earlier, just as she was entering adulthood. Indira had grown up in Canada and ... Saga Saudi Arabian
The new Air India service was welcomed by Indian drummers and dancers who weaved their way through passengers who were joined by Members of Parliament, business leaders and members of the Sikh UK community. Amritsar is the second direct Birmingham to India service, complementing the Delhi ... Saga Saudi Arabian
NEW DELHI: The mystery foreign player who has expressed interest in acquiring 49 per cent of soon-to-be-privatised Air India is not a “known foreign airline”. In January-end, the government had disclosed that a foreign company had given an “unsolicited expression of interest for AI's airline arm” but had ... Saga Saudi Arabian

Rising fuel cost and slackening demand on the Gulf routes seem to have made a dent on the profit of Air India Express, the low-cost arm of Air India. The net profit in the current fiscal is expected to fall short of last year, even though the airline company surpassed the budgeted target of ₹208 crore and ... Saga Saudi Arabian
Israel's Airports Authority said on Wednesday that the planned flights would begin in March. Air India is reportedly awaiting approval from India's aviation regulator. Israel's national carrier El Al flies four weekly flights to Mumbai, circumventing Saudi airspace by flying south towards Ethiopia – the detour ... Saga Saudi Arabian
The previous UPA government, in 2012, had approved a turnaround plan under which Air India is to receive a total equity infusion worth Rs30,231 crore up to 2021 subject to meeting certain performance thresholds. Out of the total amount, Rs26,545.21 crore has already been infused into the airline till now. Saga Saudi Arabian
On the other hand, state-owned Air India continues to bleed. Till date, the government has infused Rs26,545 crore ($4.1 billion) as equity into the airline, junior aviation minister Jayant Sinha said in parliament (pdf) on Feb. 08. Yet, Air India lost Rs5,765 crore in fiscal year 2017, Sinha added. Living on ... Saga Saudi Arabian
New Delhi, Feb 6 (PTI) Air India has been able to mop up Rs 445 crore from monetisation of its land assets since 2012, the government informed Parliament today. The amount collected by Air India so far is a tenth of the target that was set for it under the Turn Around Plan approved by Cabinet Committee ... Saga Saudi Arabian
Air India is introducing a twice-weekly non-stop service to Amritsar from Birmingham Airport with the inaugural flight launching on 20th February 2018. This will be the UK's only direct service to Amritsar. This new route complements the airline's popular Delhi service which started in August 2013. Saga Saudi Arabian
Against this backdrop, Air India has said it is waiving charges related to cancellation and date change, among others, till February 20. "In view of prevailing situation in Maldives, applicable penalties of re-issuance, date change, no-show, cancellation and refund charges for travel from/ to Male for both ... Saga Saudi Arabian
Air India has been "consistently improving" its overall performance and more than doubled its operating profit to Rs 298.03 crore in the last financial year, according to the government. The net loss of the state-owned airline however widened to Rs 5,765.16 crore in 2016-17. The divestment-bound national ... Saga Saudi Arabian
"Two subsidiaries of Air India namely, Air India Express Limited, Air India Air Transport Services Limited (AIATSL) and joint venture, namely AISATS, have been making profit," the ... The government is expected to sell more than 51 per cent of its stake in Air India, which will be sold as "four different entities". Saga Saudi Arabian
As many as three Air India group entities are profitable, with low-cost arm Air India Express garnering the maximum profit, the government said on Tuesday. The Union Cabinet has approved disinvestment of Air India and the government aims at completing its sale by year-end. "Two subsidiaries of Air India ... Saga Saudi Arabian
William Pearson, Aviation Director, Birmingham Airport, commented: “It is great news that we will have direct non-stop connections to two Indian cities from Birmingham Airport with Air India. With over 200,000 British-Indian people who travel to India each year to visit friends and relatives, and for tourism and ... Saga Saudi Arabian
A foreign player has expressed interest in acquiring a 49 per cent stake in Air India's airline arm. “The government has received an expression of interest from a foreign player, but we cannot reveal its identity now. We don't know whether, at this stage, the foreign player wants to make any information public ... Saga Saudi Arabian
Air India One just got a serious upgrade. PM Narendra Modi's Flying Fortress is set to get fancier with the delivery of a new aircraft from Boeing. According to reports, the American aircraft manufacturer has delivered one of the last three Boeing 777-300ERs that Air India had ordered. Of the three, two will be ... Saga Saudi Arabian
Junior Aviation Minister Jayant Sinha told Bloomberg last week that as per previous reports, Air India and Air India Express will be combined into one company while domestic carrier Alliance Air (India) will occupy another entity. Groundhandling firm Air India Air Transport Service Ltd (AIATSL) and MRO unit ... Saga Saudi Arabian
Air India largely had the worst on-time performance (OTP) up until March 2017, shows domestic airline OTP data collected from Mumbai, Delhi, Bengaluru and Hyderabad by the Directorate General of Civil Aviation (DGCA), the Indian regulator. In April and May, Jet Airways fell to the bottom-most slot, but ... Saga Saudi Arabian
New Delhi: A foreign player has formally written to the government expressing its interest in buying 49 per cent stake in Air India, a senior official in the ministry of ... "A foreign entity has submitted an unsolicited expression of interest for 49 per cent stake in Air India," Secretary, Ministry of Civil Aviation said. Saga Saudi Arabian
In an interview to News18, Raju talks in detail about the major disinvestment process, disclosing that an international player has expressed interest in buying out the national carrier's foreign operations. He also admits that Air India's debt may, after close scrutiny, come out to be substantially higher than the ... Saga Saudi Arabian
Mumbai: A 63-year-old retired in-flight manager of Air India has gone missing from Powai since January 25. The man Jayaram Reddy is suffering from Alzheimer, said his daughter Duhita Reddy. “I never leave my father alone. On January 25 night, I had gone to IIT market with my parents. My father was with ... Saga Saudi Arabian
New Delhi: Air India's debt could turn out to be 40% higher than previously expected as the airline's books are combed even as the government has received the first foreign interest in the airline, civil aviation minister Ashok Gajapathi Raju said. “When our exercise of calculating Air India's debt began, we ... Saga Saudi Arabian
Air India has confirmed the launch date for its new nonstop service between Birmingham airport and the northern Indian city of Amritsar. The carrier announced the new route in November, but at the time said only that the flights were due to commence in early 2018. A launch date has now been confirmed ... Saga Saudi Arabian
William Pearson, Aviation Director, Birmingham Airport, commented: “It is great news that we will have direct non-stop connections to two Indian cities from Birmingham Airport with Air India. "With over 200,000 British-Indian people who travel to India each year to visit friends and relatives, and for tourism ... Saga Saudi Arabian
Having announced its decision to sell Air India, the government is making arrangements to do so. The move itself has come after multiple efforts by successive governments to resurrect the national airline. Though there has been news of it finally turning in an operating profit under a determined CEO, ... Saga Saudi Arabian
On Air India, Mr Singh said that its privatisation is the right step by the government. ... Here to attend the World Economic Forum (WEF) annual summit, Singh also welcomed thegovernment's decision to privatise Air India but was non-committal on whether SpiceJet would be interested in participating in the ... Saga Saudi Arabian
Air India has announced it will introduce a twice weekly non-stop service to Amritsar from Birmingham airport starting on 20 February. The airline claims the route will be the UK's only direct service to Amritsar and says it complements the existing Delhi service, which started in August 2013. It says the route ... Saga Saudi Arabian
Having announced its decision to sell Air India, the government is making arrangements to do so. The move itself has come after multiple efforts by successive governments to resurrect the national airline. Though there has been news of it finally turning in an operating profit under a determined CEO, ... Saga Saudi Arabian
After years of tinkering with the idea of putting India's national flag carrier on the block, the government has finally bitten the bullet. In doing so, foreign investment was permitted up to 49 per cent, as a sweetener intended for international carriers looking for a stake in Air India. The decision ostensibly was ... Saga Saudi Arabian
Not long ago, talk of privatizing Air India Ltd seemed like a pipe dream. After all, with a debt burden of around Rs50,000 crore, bidding interest for the company was expected to be next to nothing. Jet Airways (India) Ltd, a somewhat comparable airline, has an enterprise value of only around Rs17,000 crore. Saga Saudi Arabian
New Delhi: Air India aircraft will be hired by the home ministry to facilitate travel of personnel of central armed police forces, Intelligence Bureau and the ... has been sanctioned by the ministry to offer the air services to the security personnel during the first seven months of 2018 by hiring the Air India planes. Saga Saudi Arabian
A successful sale of Air India, five subsidiaries and a joint venture, and a combined workforce of 27,000 is crucial for the Modi government, as he seeks to showcase his credentials as a reformist Prime Minister attempting to steer the state away from running businesses, said the Bloomberg report. Saga Saudi Arabian
Indian pilot Anny Divya claims to have become the youngest woman in the world to captain a Boeing 777. The 30-year-old's achievement has been widely reported in India, where she flies for commercial airline Air India. "From a child, I always wanted to be a pilot, although I didn't have much guidance on ... Saga Saudi Arabian
India's government is pushing towards the privatisation of its debt-laden carrier Air India, which is losing market share amid cut-throat domestic competition, analysts say. Since last year, the government has been looking at selling off a stake in Air India, which has debts of about $8 billion and lost more than ... Saga Saudi Arabian
Air India's 'Fly for Sure offer' is applicable for passengers wanting to prepone or postpone their original booked flights to an alternate flight of Air India operating on the same day. Air India's offer on domestic flight tickets also includes domestic leg of the international flights before closing of check-in counter, ... Saga Saudi Arabian
Air India Flight With 160 Aboard Suffers Bird Hit While Landing In Guwahati. The Delhi-Guwahati-Imphal flight was grounded yesterday and passengers travelling to Imphal were left stranded. All India | Press Trust of India | Updated: January 20, 2018 11:07 IST. 175 Shares. EMAIL. PRINT. COMMENTS. Air India Flight With ... Saga Saudi Arabian


 

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