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System failure, bad weather: Narrow escape for Air India in New York
Posted on 18th September 2018
Even after multiple system failure, adverse weather conditions and lack of fuel while struggling to land at the John F Kennedy Airport in New York, an Air India pilot succeeded in saving the lives of 370 passengers on-board. It was September 11, when Air India’s AI-101 was flying from New Delhi to New York.

Air India offer: Grab 15% discount on international flight tickets; check details
Posted on 14th September 2018
In a bid to entice customers this lean season, state-run carrier Air India has come out with a latest offer under which customers can grab a 15% discount on international flight tickets. According to Air India’s website, customers can get a 15% discount on flights to to Bangkok, Hong Kong and Singapore. Under the promotional sale, the travel period should be before October 27, 2018.

Air India utilising just 21 of 27 Dreamliners for daily operations
Posted on 12th September 2018
Mumbai: National carrier Air India is under utilising its flagship Boeing Dreamliner fleet due to flight crew shortage as well as technical issues with only 21 planes being deployed for operations every day, an airline source said.

Air India has 27 Boeing 787-800 (Dreamliner) aircraft in its fleet at present.


JNPT may buy Air India building for ₹ 2,000 crore by year-end
Posted on 10th September 2018
Mumbai: Air India Ltd expects to sell its former head office in Mumbai for an estimated 2,000 crore by the end of March to state-run Jawaharlal Nehru Port Trust (JNPT), said a senior airline official. Both JNPT and Air India are carrying out their individual valuations of the iconic Air India building at Mumbai’s Nariman Point, the Air India official, who declined to be named, told Mint. “The proceeds from the sale of the building will be used to pay off a part of the airline’s debt,” said the official.

Air India may be board-managed if new turnaround plan is cleared
Posted on 7th September 2018
Mumbai: Air India will soon be managed by a board, if a turnaround plan being charted out by the government that involves financial and organization reform is approved, a senior Air India official aware of the development said on condition of anonymity.

“The plan is to make Air India stand on its own feet so that it can be sold in future,” said the official cited above.


Modi government working out relief package for airlines; Air India gets Rs 2,100 crore borrowing guarantee
Posted on 5th September 2018
In a breather to Indian aviation industry, which is reeling under rising fuel prices, low fares and high taxes, the government is working on a relief package for the airlines to help them cut costs and cope with depreciating rupee. While speaking on the sidelines of the International Aviation Summit organised by the International Air Transport Association,

Govt may infuse Rs 2,200 cr more into Air India in 2018-19
Posted on 29th August 2018
With cash crunch likely to continue in Air India (AI) due to rising fuel costs, the Centre may infuse additional Rs 2,200 crore in the debt-ridden national carrier later in the current financial year to meet an estimated shortfall in working capital requirement to service loans and pay salary in time.

Spares shortage rocks Air India
Posted on 20th August 2018
New Delhi: Air India has slipped in its payments to key spare parts vendors, prompting many to stop supplies to the ailing airline.

According to sources, the dues of suppliers such as Airbus, Honeywell, Meggit International, Goodrich, Hamilton, Wesco Electrical remain unpaid, some for more than three quarters, leading to the shortage of parts that has resulted in a large part of the fleet being grounded.


Air India pilots threaten to stop operations over non-payment of dues
Posted on 18th August 2018
A section of Air India pilots have threatened to stop operations if their flying allowance dues are not paid immediately.

Alleging that while the salaries and perks of other employees are paid in full albeit with a delay, the same for the pilots and cabin crew are "ignored", despite the fact that flying allowances of these two licenced categories of employees form a major chunk of their salaries.


Air India says yet to receive equity infusion from government
Posted on 14th August 2018
National carrier Air India on Monday said it is yet to receive the equity infusion from the government to meet its working capital requirements after an airline’s pilots’ body claimed grounding of several aircraft due to lack of funds.

“There is no money for spares and maintenance of these aircraft. Some of them have been grounded for the last three months.


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