Air India will borrow Rs 18,000 crore from the State Bank of India (SBI) and Bank of Baroda (BoB) to refinance its existing debt over the short term. The airlines owned by the Tata Group may later seek longer loans. The borrowing will take the form of one-year loans.
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Vistara Airlines has paid a record fine of 70 lakh to India’s civil aviation regulator for failing to operate the required minimum number of flights to the nation’s northeastern underserved areas.
After 32 passengers missed a flight to Singapore, Jet Airways’ CEO has said this | Exclusive
Airbus CEO Faury meets Prime Minister Modi, pledges to develop industrial ties with India | Exclusive
TATA looking to merge its LCCs under single entity. Post-merger the final entity will be called Air India Express
Three new international flights between Colombia and Ecuador are announced by Avianca
Vinay Dube said that the 4-5 months has been a Rollercoaster Ride for airline, but demise of Jhunjhunwala sir has been a personal loss. But his contribution is huge and because of him the airline is well setup.
Whale-shaped ‘one of the world’s largest cargo airplanes’ Airbus Beluga landed at Hyderabad
Tata is considering a plan to integrate all its airlines under Air India Ltd | Exclusive
The new airport at Mopa in North Goa has been built by GMR Goa International Airport Limited, a subsidiary of GMR Airports Limited