National passenger carrier Air India will enhance a codeshare agreement with Ethiopian Airlines, the company said in a statement on Thursday.

According to the statement, the expanded codeshare agreement will allow its passengers to access Ethiopian Airlines' network in Africa.

New Delhi: Air India Ltd has committed to clear dues to banks and aircraft leasing companies in a fortnight by when it expects to get fresh capital infusion from the government, said an official at the debt-ridden national carrier.

The carrier, which recently failed to draw investor interest in a privatisation attempt by the government, has sought about Rs 2,121 crore from the government this fiscal year as part of an ongoing bailout package.

New Delhi: The proposed sale of iconic Air India tower in Mumbai could turn out to be a damp squib as the prospective buyer JNPT’s projection of earnings from the property is much lower than the airline's expectation.

The initial estimate by Jawaharlal Nehru Port Trust (JNPT), the government-owned entity that is being prodded to acquire the building on Queen's necklace in the financial capital

Israel's national carrier El Al said it has withdrawn its plea filed in the top court against the government decision to allow Air India to fly over Saudi Arabia's airspace on Delhi-Tel Aviv route, something it had claimed gives its competitor an unfair competitive edge.

Local media reports said Israel's High Court of Justice had urged El Al to drop the petition it filed in March this year, days after Air India's inaugural flight landed in Tel Aviv on March 22.

Terming the incident unfortunate, the national carrier Air India has tendered an apology to the Indian table tennis team, who were denied boarding on the Delhi-Melbourne flight on Sunday.

In a statement, an Air India spokesperson said, "This was a very unfortunate incident, we apologise to the players and we are arranging next available flights."

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.

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.

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.

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”.

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,

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