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22 Nov 2009, 0712 hrs IST, Dhananjay Mahapatra, NEW DELHI: A Scheduled Tribe boy from Hyderabad wanted so desperately to become a pilot, he took a bank loan to pay for the training and notched up 267 hours of flying, 17 more...
India's News.Net Saturday 21st November, 2009 (IANS) Union Railway Minister Mamata Banerjee Saturday announced the setting up of a museum here in memory of the victims of last year's Mumbai terror attacks. Launching three new...
Only two domestic private sector airlines registered profits in the financial year 2008-09. They are: Paramount Airways (Rs 7.26 crore) and IndiGo (Rs 82.16 crore), according to data given by the Minister of Civil Aviation, Mr...
PANAJI: Chief Minister Digambar Kamat on Thursday reiterated that the expansion work of Dabolim International Airport in south Goa will be taken up as envisaged earlier. To a question over the cancellation of a tender by the...
New Delhi, Nov 19 : Civil Aviation Minister Praful Patel today said the financial and organisational restructuring Plan for Air India focuses on operational efficiency, product improvement and organisation building. The plan...
From ANI New Delhi, Nov 19: Air India pilots, owing allegiance to the Indian Commercial Pilots Association (ICPA), staged a demonstration here today asking the management to fulfill their demands. The pilots held banners like '...
Mumbai, Nov 17 (IANS) The state-owned National Aviation Co of India Ltd (NACIL) that runs the loss-making Air India will get the first instalment of equity infusion from the government worth Rs.400 crore (Rs.4 billion/$80...
India may join seven other nations and the European Commission (EC) which have signed an agreement to liberalise state control, enabling their airlines to access foreign capital and seek mergers and acquisitions worldwide.
The Air India management is expected to take a call Tuesday on the quantum of reduction of performance linked incentives (PLI), which constitutes a major chunk of the salaries of its 31,500 employees.
Despite equity support from the government, the financial mess at Air India is unlikely to abate soon, as the cash-strapped carrier would not be able to bring in funds through disinvestment or an IPO for a period of at least...
