Articles tagged “air india”

Indian Government to Break Up Air India Ahead of Potential Sale

Indian Government to Break Up Air India Ahead of Potential Sale

Anurag Kotoky, Bloomberg

Prime Minister Narendra Modi is doing everything he can to make Air India as appealing as possible to potential investors. Stripping away some of the debt and breaking up the company may help persuade someone that it is worth the money.

3 days ago

Indian Government Woos Foreign Airlines to Invest in Air India

Indian Government Woos Foreign Airlines to Invest in Air India

Shruti Srivastava and Anurag Kotoky, Bloomberg

Indian Prime Minister Narendra Modi recently made progress in easing often daunting restrictions on investment. Foreign airlines can now buy up to 49 percent of Air India. But overseas investors may still ignore the struggling company.

6 days ago

Indian Government Offers Sweetener to Potential Air India Bidders

Indian Government Offers Sweetener to Potential Air India Bidders

Siddhartha Singh and Archana Chaudhary, Bloomberg

In such a high-growth aviation market it is pretty amazing that India's national carrier is still struggling. Merging the company with one of its low-cost competitors might just be the best way forward.

2 months ago

Air India Has $8 Billion in Debt and that Poses an Obstacle to Its Sale

Air India Has $8 Billion in Debt and that Poses an Obstacle to Its Sale

Anurag Kotoky, Bloomberg

The Indian government has agreed in principle to sell Air India. Yet we are skeptical officials can make a deal with the most likely buyer, budget carrier IndiGo, due to political considerations and the Air India's scary debt.

6 months ago

New Airlines Rush to Cater to Emerging Indian Air Market — Again

New Airlines Rush to Cater to Emerging Indian Air Market — Again

Anurag Kotoky , Bloomberg

India has an enormous population and a huge pool of potential flyers. It seems like an obvious place to start a successful airline. But in the recent past, many entrepreneurs have failed. And it probably remains a tough market.

11 months ago

Would Air India Be More Marketable for Investors if It Pursued Bankruptcy?

Would Air India Be More Marketable for Investors if It Pursued Bankruptcy?

Andy Mukherjee, Bloomberg

This column makes a strong point. Air India, as currently constituted, probably is not enticing for outside investors. But that could change if the airline goes into bankruptcy first.

11 months ago

Indian Government Mulls Selling Air India Stake After Turnaround Didn’t Happen

Indian Government Mulls Selling Air India Stake After Turnaround Didn’t Happen

Siddhartha Singh, Bloomberg

The Indian government is going to have to have to have a super-sales pitch to make Air India attractive to buyers. As things stand, a sale seems some way off.

11 months ago

The Once-Hidden Buddhist Enclave Being Transformed by Tourism

The Once-Hidden Buddhist Enclave Being Transformed by Tourism

Thomas Cytrynowicz, Associated Press

We're interested to see if a Buddhist approach to tourism development can grow out of this region's shift.

1 year ago

India’s Growing Problem of Under-Qualified Yet Certified Pilots

India’s Growing Problem of Under-Qualified Yet Certified Pilots

Anurag Kotoky, Bloomberg

Unmanaged growth and hyper-competition doesn't always make for the safest experience when you need to take the time to properly train the talent behind the controls.

3 years ago

Air India Becomes First Indian Airline to Join a Global Airline Alliance

Air India Becomes First Indian Airline to Join a Global Airline Alliance

Marisa Garcia, Skift

Air India's entry into the Star Alliance is a watershed, but the ongoing FAA downgrading of India's air safety rating looms as a cloud over the event.

4 years ago

Air India Ordered to Rehire Flight Attendants Fired for Being Overweight

Air India Ordered to Rehire Flight Attendants Fired for Being Overweight

Anurag Kotoky, Bloomberg

Unless there is something else going on, it sounds like the India court is teaching Air India a well-deserved lesson in corporate responsibility and employee rights.

4 years ago

Air India to Reduce Losses As it is Poised to Enter the Star Alliance

Air India to Reduce Losses As it is Poised to Enter the Star Alliance

P.R. Sanjai, Mint, New Delhi

Air India would benefit from entering the Star Alliance but its persistent financial troubles are not a real confidence booster.

4 years ago