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Air India offer: Grab cheap late night flight tickets for as low as Rs 1,379; check routes, flight details
Posted on 18th December 2018
Air India offer: India’s national carrier Air India has announced ‘Night Flights’ offer, using which flyers can book flights for as low as Rs 1,379 (all-inclusive). “Night Flights, beat peak rush hour at attractive fares,” the air carrier said on its website. The customers can book Ahmedabad-Bengaluru late night flight (departure time: 0305; arrival time: 0525) for Rs 1,379. Other attractively priced routes include from Delhi to Coimbatore (departure time: 2115;

Pune travel agents protest Air India plan to use one GDS
Posted on 15th December 2018
The Pune chapter of Travel Agents Association of India (TAAI) and Travel Federation Association of India (TAFI) held a protest march against the national carrier, Air India, and its plans to align with only one Global Distribution Partner (GDS).

Air India had decided to use Travelport as their exclusive GDS and is giving up the rest of systems.


Air India floats tender to sell Nariman Point tower
Posted on 11th December 2018
Mumbai: Air India has floated tender for the sale of its iconic 23-storey tower at Nariman Point in Mumbai. Only government entities are allowed to participate in the bidding for acquiring leasehold rights of the land and building on “as is where is basis.”

“Air India invites sealed bids from government entities for sale of leasehold rights of the land, and its iconic Air India building constructed hereon at Nariman Point, Mumbai, on as is where is basis,” the tender said.


Mounting liabilities: Government to repay Air India’s Rs 12,000 crore debt
Posted on 1st December 2018
Despite fiscal constraints, the Centre is likely to provide Rs 12,200 crore from the Budget — half of it this fiscal and the balance in the next year — to retire 40% of the Rs 30,000-crore working capital debt of Air India. As a precursor to this, the debt — not backed by assets — will be shifted to a special purpose vehicle (SPV).

Air India plane hits building at Stockholm airport, no causalities reported
Posted on 29th November 2018
An Air India plane carrying 179 passengers struck a building at Stockholm's Arlanda airport with its wingtip as it taxied to gate on Wednesday, but no injuries were reported, police said.

"The 179 passengers could disembark from the plane on a mobile staircase and thereafter enter the terminal," police wrote in a statement.


Air India night flights offer: Grab flight tickets for as low as Rs 1,000; check details
Posted on 27th November 2018
India’s major state-run airline Air India has come out with its “Night Flights” offer, using which passengers can grab flight tickets for as low as Rs 1,000. “Night Flights, beat peak rush hour at attractive fares,” the airline said on its website. According to the details available on the firm’s website, the latest offer is effective 30th November 2018. Under the offer, customers can book flights between Bengaluru-Ahmedabad at just Rs 1,000.

Air India travel partners face Rs 1,825 cr revenue hit on solo distributor move
Posted on 26th November 2018
In a letter shot off to minister of state for civil aviation Jayant Sinha early this month, a top executive of Madrid-based information technology firm Amadeus estimated the revenue loss to travel agents of Air India to be around Rs 1,825 crore once state-owned carrier moves to a single global distribution system (GDS) for domestic flights.

Air India eyes 6,100 crore from aircraft sale, leaseback
Posted on 20th November 2018
Mumbai: Cash-strapped Air India Ltd expects to raise as much as $850 million (about 6,100 crore) by selling and leasing back seven wide-body aircraft over the next 15 days. The list includes six Boeing 787 (Dreamliner) and one Boeing 777 aircraft, which were delivered to the airline between November 2016 and March 2018, according to a tender posted on 16 November on the airline’s website.

Air India eyes Rs 800 cr from sale of over 70 properties
Posted on 16th November 2018
Loss-making national carrier Air India plans to mop up Rs 700-800 crore by selling over 70 residential and commercial properties spread across the country, a senior airline official said on Thursday.

This fresh bid is a part of the airline’s real estate assets monetisation plan approved by the then UPA Government in 2012.


Air India eyes Rs 800 crore from sale of over 70 properties
Posted on 15th November 2018
MUMBAI: Loss-making national carrier Air India plans to mop up Rs 700-800 crore by selling over 70 residential and commercial properties spread across the country, a senior airline official said Thursday.

This fresh bid is a part of the airline's real estate assets monetisation plan approved by the then UPA government in 2012.


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