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2 mins read
Domestic air passenger traffic grows to about 138.9 million in May, sees 5.1% annual increase: Icra
Domestic air passenger traffic grew 5.1 per cent year-on-year to an estimated 138.9 million in May …
PTI
2 mins read
Tata Sons reportedly wins bid to takeover the ‘Maharaja’
Media reports indicating approval of financial bids by Government of India in the AI disinvestment …
4 mins read
Singapore Airlines to get 25.1% stake in enlarged Air India group
The November 2022 deal between Singapore Airlines and Tata Sons to further inject USD 267 million i…
ANI
6 mins read
Tata's mega aviation merger is poised for flight, but the skies are not clear yet
It’s been less than a decade since the Tatas re-entered the aviation sector – via joint ventu…
2 mins read
Venture debt firm Stride Ventures closes a $200 million fund
Venture debt firm Stride Ventures closes a $200 million fund .
2 mins read
Air India says Alliance Air is no longer its subsidiary – here’s what it means for flyers
What this means for passengers flying on tickets carrying flight numbers starting with certain c…
3 mins read
Jet Airways stock soars 47% as it’s all set to fly, but fuel costs, new players indicate turbulence ahead
Three years after it was grounded, Jet Airways is all set to fly again in July-September with a new…
1 min read
New Air India CEO declines the role at the last moment, says Indian media ‘coloured’ his appointment
Tata Sons, which bought debt-laden ‘Maharajah’ from the government five months back, has reportedly…
2 mins read
Air India handover to Tata Group delayed further
In October, the government accepted the highest bid made by a Tata Sons company for 100 per cent…
PTI
1 min read
Weeks ahead of divestment, Air India faces multiple threats of being grounded
The troubles of debt-laden Air India do not seem to come to an end. Even as the government is …
1 min read
Tatas may look at bidding for Air India even as its two airlines strap on losses
“Ideally it should be a Vistara decision, not a Tata Sons decision. I’m not going to run a third…
2 mins read
Indian government is looking to sell Air India but may keep its debt
The sale of Air India has been contemplated for years, unsuccessfully. An attempt made in 2018 fail…
3 mins read
Tata Group gets loan commitment from SBI-led consortium to run Air India
Sources said the SBI-led consortium has agreed to grant both term loans and working capital loa…
PTI
3 mins read
Govt working on debt issue of Air India to attract buyers: Secy
The domestic aviation market has grown at a cumulative rate of 16 per cent in the last 4-5 years a…
PTI
2 mins read
Indian government sweetens Air India sale by slicing its debt burden by more than half
Air India is straddling a debt of ₹60,000 crore, and that has put a dampener on the government’s pl…
3 mins read
Air India may opt for a BSNL-like voluntary retirement scheme to shed employee cost along with debt
The government wants to ensure that Air India is sold this time around, as it has also cut down the…
1 min read
Tata Sons buys ‘Maharajah’ for $2.39 billion from the Indian government
Welcome back, Air India 🛬🏠 pic.twitter.com/euIREDIzkV
1 min read
Tata Sons submits financial bid for Air India, SpiceJet's Ajay Singh still in the race
Tata Sons has submitted a financial bid for Air India, among other bidders.
8 mins read
A Montana couple spent $20,000 building a 2-bedroom house, and now they're debt-free. There's just one catch: The house is made of clay, sand, and straw.
They currently run a business teaching others how to build their own sustainable houses through han…
Amanda Goh
5 mins read
'We want to finish the handover quickly, because we are paying ₹20 crore a day to run the airline,' says DIPAM Secretary on privatisation of Air India
Earlier this month, the government had accepted an offer by Talace Pvt Ltd, a unit of the hold…