New Delhi: Civil Aviation Minister Hardeep Singh Puri on Thursday said the government was committed to “strategic disinvestment” of Air India due to “unsustainable debt burden” but promised that the national carrier will remain with an Indian entity. Responding to supplementaries during Question Hour in the Lok Sabha, Puri also said that though Air India […]
Tag: Air India Airlines
Air India could post over Rs 7,600 crore loss in 2018-19, highest so far
New Delhi: In what could make Air India sale an uphill task for the government, the national carrier could report highest-ever loss of over Rs 7,600 crore in financial year 2018-19 on account of low fleet utilization and high fuel prices among others. An official source said the total revenue in the previous fiscal stood […]
Aim to improve airline’s efficiencies: AI CMD
New Delhi, Jan 8 : National passenger carrier Air India’s new chief Pradeep Singh Kharola on Monday said his priority would be to improve the airline’s efficiencies and to keep a tab on cost. “My mandate is to manage the airline, provide good services, improve efficiencies and keep a tab on cost,” Kharola said at the […]