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Air India removes non-veg meal for pilots, brings it back after furore
Posted on 13th July 2018
Air India pilots were a ruffled lot on Tuesday after the airline asked its caterers to serve only vegetarian 'special meals' to them but within hours, reversed the decision following a furore, officials said.

An Air India spokesperson said a "typo-error" in the communication sent out to the caterers had created confusion among the pilots.

Govt may infuse ₹2,100 crore in Air India as short-term capital
Posted on 11th July 2018
Mumbai: National carrier Air India Ltd, which has asked the central government to revive its equity infusion after its sale plans stalled, is seeking ₹2,100 crore from the government to address its immediate operational needs, two senior officials of the airline told Mint.

However, this infusion will only take care of the airline’s short-term capital requirements and the national carrier could have to dip into the market again to raise money for its fleet and other expansion plans, which include future procurement of aircraft on lease.

Government on 'wait and watch' mode in Air India stake sale: Nitin Gadkari
Posted on 5th July 2018
The government has decided to "wait and watch" for the next three-four months before taking a call on disinvestment of national carrier Air India due to prevalent market condition specially high fuel prices, Union Minister Nitin Gadkari said today.

The government's proposed stake sale in Air India failed to attract any initial bidder when the deadline for bidding ended on May 31.

Lack of response stopped Air India sale, says PM Narendra Modi
Posted on 3rd July 2018
On Air India's disinvestment, Prime Minister Narendra Modi has said his government doesn’t want to be accused of selling something cheaply.

In an interview to Swarajya magazine, Modi said he disagreed with the perception that his government had been half-hearted at divesting from public sector entities. He said it had undertaken “significant disinvestment”.

Air India doubles gratuity ceiling amount of employees
Posted on 2nd July 2018
Mumbai: Cash-strapped national carrier Air India has doubled the gratuity ceiling amount of its employees from Rs 10 lakhs to Rs 20 lakhs.

An Air India letter dated on June 26, said, "It has been decided to implement the enhancement of gratuity payable to employees under Payment of Gratuity Amendment Act 2018,

No Air India sale under the current Modi regime
Posted on 29th June 2018
New Delhi: Air India will not be sold during the remaining tenure of the Modi government and the process could be started afresh only after 2019 general elections, a top government source told Financial Chronicle.

The source, who is directly involved in the strategic disinvestment process of the loss-making carrier, said there is a broad thinking in the government to retain the ‘swadeshi’ tag for the national carrier and hence investment proposals from a foreign carrier would neither be pursued nor entertained.

Air India orders probe into rostering scam; cockpit crew making easy money
Posted on 25th June 2018
Even as the government’s efforts to sell majority stake in Air India came a cropper, it has come to light that a section of Air India’s pilots, deputy general managers (DGMs), clerks and other officials has been making some easy money on the side by playing the system. Airbus and Dreamliner pilots’ flying hours and rosters are being nimbly manipulated, with the result that the loss-making national carrier is ending up paying these pilots a lot more than it needs to.

23 Air India flights delayed due to software malfunction
Posted on 23rd June 2018
Nearly two dozen Air India flights were delayed across its network including at IGI Airport here today after a technical glitch in the check-in software hampered operations, an airline spokesperson said. The departure timings of as many as 23 flights were affected and the delays owing to the software malfunction stretched from 15-30 minutes, the spokesperson said.

DNA Money Edit: Air India and the cost of delayed decision
Posted on 21st June 2018
It looks like the government wants to play safe with Air India's privatisation as general elections are just around the corner. Weeks after the divestment process found no takers for the beleaguered national carrier, the government said it would soon review the plan to sell a stake in Air India. The process, now turned out to be a complete failure, was anyway facing stiff resistance from not only the opposition but from some within the government.

India shelves Air India sale plan after failing to attract buyers – reports
Posted on 20th June 2018
India has shelved its sale of Air India after failing to attract buyers, local media quoted a government minister as saying – a decision that could exacerbate the carrier’s financial woes and representing a setback for government efforts to cut debt. Civil Aviation Minister Suresh Prabhu said plans to privatise the carrier have been dropped for now due to factors such as the looming election and high oil prices, according to Times of India which cited news agency PTI.

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