Air India

February 12th, 2022 6:18 PM 0 COMMENTS

Air India, AirAsia India to Transfer Domestic Passengers From One to Another During Operational Disruptions

Air India and AirAsia India, two aviation wings of Tata Group, have signed a contract on interline considerations on irregular operations (IROPs), which will allow the duo to transfer the passengers from one flight to another during disruptions in flight operations. This is the first official step after Air India takeover from the government of India and hints at the long-term possibility of merging AirAsia India into Air India. Air... Read More

February 4th, 2022 3:13 PM 0 COMMENTS

Air India: Tata Group May Appoint Alex Cruz as CEO, Reports Say

Air India may get the aviation veteran Alex Cruz as its Chief Executive Officers, unconfirmed reports say. Cruz was the Chairman and CEO of British Airways for five years till 2020. He also headed a Spanish low-cost airline Vueling. Cruz resigned from British Airways during the onset of the COVID-19 pandemic when the airline cut 13,000 jobs. He is currently shown as an investor, board member and advisor on some... Read More

February 2nd, 2022 7:05 PM 0 COMMENTS

Government Assigns Rs 62,057 Crore Into an SPV to House Air India’s Debt

According to the budget documents released yesterday, the government has allocated Rs 62,057 crore to a special purpose vehicle (SPV), Air India Asset Holding Ltd (AIAHL), to house the majority of Air India’s debt. The government has also assigned Rs 1,944 crore to Air India to cover all losses incurred during the pandemic to clear the liabilities of the national carrier for handover to Tata Group’s subsidiary Talace Private Limited.... Read More

January 31st, 2022 1:24 PM 0 COMMENTS

There Are No Air India-Vistara Merger Talks, Confirms Vistara Chairman

With Air India privatization, the biggest speculation that churned the internet was about the possible merger of Vistara with Air India. Putting an end to the rumour mill, Tata Singapore Airlines Chairman Bhaskar Bhat confirmed that no such strategic merger talks are in place. In an interview given ET, Bhat said that Tata Group targets to run Air India as a parallel entity alongside Vistara. According to him, any talk... Read More

January 28th, 2022 7:49 PM 0 COMMENTS

The 69-Year-Old Mistake Has Been Corrected: Jyotiraditya Scindia on Air India Privatization

In response to Air India’s privatisation, Union Minister Jyotiraditya Scindia said that nationalising an airline belonged to the private sector was a 69-year-old mistake. Minister sees Air India disinvestment as a mistake corrected. He gave credit for the success of the Air India takeover to Prime Minister Narendra Modi. “It was only possible because of his dedication, resolution and willpower of PM Modi that he took the decision of Air... Read More

January 27th, 2022 5:32 PM 0 COMMENTS

Air India Privatisation: Tata Group Officially Takes Over the National Carrier

The Air India privatization transaction has been completed today. The Government of India received a consideration of Rs 2,700 crore from Talace Private Limited, a wholly-owned subsidiary of Tata Sons Pvt Ltd. It is retaining the debt of Rs 15,300 crore in Air India and AIXL and transferring the shares of Air India to Tata Group’s Talace Private Limited. With this, Talace Group will receive 100% shares of Air India... Read More

January 26th, 2022 2:29 PM 0 COMMENTS

Air India Announces BMI Check for Crew Members, Employee Union Objects

Air India has announced a new company policy to check the Body Mass Index (BMI) and weight of the crew members while they report for taking the flight. The mandate did not resonate well with the airline’s cabin crew union. The ratio of weight and height of the crew members will be checked by ‘grooming associates’, who are assigned with the task of recording observations on BMI management, uniform and... Read More

January 25th, 2022 5:37 PM 0 COMMENTS

Calicut Airport Demands Ministry to Resume the Operations of Wide-Bodied Aircraft

The Calicut International Airport’s Advisory Committee has requested the Ministry of Civil Aviation to pace up the process to resume wide-body aircraft operations, suspended since the Air India Express flight accident held at the airport on August 7, 2020. The accident had nothing to do with the airport’s infrastructure, according to committee head M.P. Abdussamad Samadani, Member of Parliament. Samadani, who represents the Malappuram Lok Sabha constituency of Kerala, also... Read More

January 24th, 2022 10:56 PM 0 COMMENTS

Air India Hand Out Date to Tatas Will Happen Soon

Air India, the state-owned airline is soon going to be handed over to the Tatas. According to a Hindustan Times report, Air India’s handover should be any time post-Republic Day, which is on January 26, 2022. To recall, Tata Sons had placed the highest bid for Air India and the government had awarded the cash-strapped airline to the Tata Group, where it came from. While the final handover date hasn’t... Read More

January 22nd, 2022 10:14 PM 0 COMMENTS

Former IAS Officer Vikram Dev Dutt Takes Charge as Chairman and MD of Air India

India’s national carrier, soon awaiting its privatisation, gets a new chairman and managing director. A 1993-batch IAS officer of Arunachal Pradesh, Goa, Mizoram and Union Territory cadre Vikram Dev Dutt took charge as the Chairman and Managing Director (CMD) of Air India. His appointment is in effect from Friday. The Secretary in the Ministry of Civil Aviation, Rajiv Bansal, was at the helm of Air India so far. While replacing... Read More

January 20th, 2022 4:42 PM 0 COMMENTS

Air India Cancelling Flights at Last Moment Make Passengers Angry, Results in Protests

Air India passengers who were bound to board the flight to the United States (U.S.) on Wednesday were very angry when their flights were cancelled, and the airline didn’t give them any proper reason for the same. Due to the telecom operators Verizon and AT&T switching on 5G using C-band spectrum across the nation, Air India had cancelled flights to the United States. A total of four flights of the... Read More

January 19th, 2022 4:48 PM 0 COMMENTS

Air India Cancels India-US Flights Over 5G Deployment Concerns

Air India has curtailed its operations to the USA from India ahead of the 5G deployment in the US. The warnings from US aviation regulator Federal Aviation Administration (FAA) and CEOs of various US airlines about possible 5G interference with aircraft’s radio altimeter is the reason behind the decision. Air India informed the change in flights via its official Twitter handle. “Due to deployment of 5G in the USA, our... Read More

January 11th, 2022 7:10 PM 0 COMMENTS

Devas Multimedia’s Investors Can Seize 50% of Air India’s Assets

In a partial victory for India, a Canadian court ruled that Devas Multimedia’s investors could seize half of Air India’s assets held by the International Air Transport Association (IATA). It has also overturned an order authorising the seizure of funds belonging to the Indian Airports Authority (AAI). Devas shareholders had already acquired authorisation from the Quebec Superior Court on November 24 and December 21 to take assets of AAI and... Read More

January 11th, 2022 4:47 PM 0 COMMENTS

Air India Express Warns Indefinite Strike From January 15

Employees of Air India’s subsidiary Air India Express have given the notice to the CEO to go on an indefinite strike from January 15 demanding faster approval for their requests, posing a new challenge for Tata Group in its Air India takeover. Over 500 cabin crew members from the Air India Express Employees Union (AIXEU) are expected to strike, crippling the operations of Air India Express aircraft. Employees of Air... Read More

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