New Delhi : In order to fast-track the hiring of director-level executives at Air India, the Union Civil Aviation Ministry is likely to conduct the appointment process through its search-and-selection committee and not involve the Public Enterprises Selection Board (PESB), according to a senior government official. “Currently, many director-level […]
New Delhi, Dec 30: The government plans to rope in professionals for top positions at Air India through a global search process, as part of efforts to revive the national carrier, according to Civil Aviation Minister Suresh Prabhu. With the proposed strategic stake sale of the Air India failing […]
New Delhi : The government has prepared a revival plan for Air India that provides for a comprehensive financial package, differentiated strategies for each of the airline’s core businesses and robust organisational reforms, Union Minister Jayant Sinha said Thursday. Various initiatives to turnaround the national carrier, which is staying […]
Mumbai : Loss-making national carrier Air India plans to mop up Rs 700-800 crore by selling over 70 residential and commercial properties spread across the country, a senior airline official said Thursday. This fresh bid is a part of the airline’s real estate assets monetisation plan approved by the […]
open view web desk NEW DELHI – India is open to listing ailing state carrier Air India, a government source said on Wednesday, after failing to attract buyers for a 76 percent stake in the company. While the government is considering several proposals related to reviving the divestment […]
open view web desk Aviation advisory firm Swiss Aviation Consulting (SAC) on Monday denied it has expressed interest in buying the debt burdened state-run carrier Air India. SAC has never expressed interest in acquiring Air India or parts of it, or has acted as a front for some […]
open view web desk NEW DELHI, Jan 10: India cleared a proposal on Wednesday to allow foreign investors to own up to a 49 percent stake in state-run carrier Air India, paving the way for global airlines to bid for the loss-making flagship carrier. It brings Air India, which […]
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