Air India privatisation

Disinvestment will foster Air India's growth, better utilisation of wide-body planes: Aviation secy

Earlier this month, Talace Pvt Ltd, part of the Tata group, emerged as the winning bidder for Air India with a bid worth Rs 18,000 crore.

published on : 21st October 2021

Air India should have been wound up 10 years ago: DIPAM Secretary Tuhin Kanta Pandey

The total debt on the books of Air India was Rs 61,000 crore, of which the government retained Rs 46,000 crore.

published on : 14th October 2021

Work to monetise Alliance Air, 3 other Air India subsidiaries to start now: DIPAM Secy

The deal, which is expected to be completed by December-end, also includes sale of Air India Express and ground handling arm AISATS.

published on : 10th October 2021

Tata Sons emerges top bidder for Air India, no official confirmation yet

If its bid is accepted, Tata will take over the national carrier they once founded. Jehangir Ratanji Dadabhoy (JRD) Tata founded the airline in 1932.

published on : 1st October 2021

Government sticks to September 15 deadline for putting financial bids for Air India

Salt-to-software conglomerate Tata Group was among the 'multiple' entities that had put in preliminary bids for buying loss-making Air India in December last year.

published on : 8th September 2021

Air India accumulated losses about Rs 70,820 crore till March 31, 2020

The rather successful airline's fortunes turned after its merger with the domestic flight operator Indian Airlines.

published on : 4th August 2021

Government plans to sell 76 per cent stake of Air India; transfer management control

The government plans to sell 76 per cent stake in Air India, according to the preliminary information memorandum released today on strategic disinvestment of the national carrier.

published on : 28th March 2018

Don't privatise Air India, give it five years to revive: Parliamentary panel

The Parliamentary Standing Committee on Transport, Tourism and Culture concluded that the government should review its decision to privatise or disinvest Air India

published on : 7th January 2018

Disinvestment: No proposal to reconsider Air India privatisation, says government

To revive the loss-making national carrier, the government is working on the modalities for its strategic disinvestment.

published on : 28th December 2017

Group of Ministers holds first meeting on Air India privatisation

The government moved an inch closer to privatisation of Air India by holding the first high-level meeting over the issue on Friday.

published on : 23rd July 2017

Air India employees' union to plan stir against privatisation

Air India's largest employees' union will hold its general body meeting here this week to "organise its members for a movement" against the government's decision to privatise the carrier.

published on : 2nd July 2017