Page-2 of Air India
Air India Forms Panel to Identify Employees to be sent on Leave
The government-owned airline carrier Air India has formed a committee in order to kick-start the process of identifying the employees who can be sent on leave without pay for a period of maximum 5 years. The committee is mandated to ..
Month: Current Affairs - July, 2020
Vandhe Bharat Mission: The Biggest Evacuation Exercise begins
On May 7, 2020, the Government of India is to begin “Vandhe Bharat Mission”. The mission is considered as one of the biggest evacuation exercise. Highlights The Vandhe Bharat Mission aims at bringing stranded Indians from all over the world. ..
Month: Current Affairs - May, 2020
Cabinet approves amendment to ‘Foreign direct investment policy on civil aviation’
The Union Cabinet recently approved an amendment to the ‘Foreign direct investment policy on civil aviation’, which allowed Non-resident Indians (NRIs) to acquire 100 per cent equity stake in Air India under the automatic route. Prior to this amendment, only ..
Cabinet Approval: Foreign Direct Investment Policy on Civil Aviation
On March 4, 2020, the Union Cabinet under PM Modi cleared the Foreign Direct Investment Policy on Civil Aviation. According to the policy, 100% FDI is permitted in the air transport services. Earlier only 49% was available for sale to ..
Month: Current Affairs - March, 2020
Air India flight rescues 119 Indian nationals from the quarantined Diamond Princess Cruise ship
After several passengers and crew members were diagnosed with the coronavirus infection, the Diamond Princess cruise ship has been quarantined in the Port of Yokohama, Japan. Recently, a special Air India flight departed to Tokyo and brought back 119 Indian ..
Rajiv Bansal appointed as the Chairman and Managing director of Air India
Veteran bureaucrat Rajiv Bansal was recently appointed as the Chairman and Managing director of Air India. He has been appointed as the head of the national carrier for a second time. Rajiv Bansal is a 1988-batch IAS officer of the Nagaland cadre and he ..
Public Enterprises Survey: Air India, MTNL, BSNL highest loss makings PSUs in FY19
On February 10, 2020, the Department of Public Enterprises operating under Ministry of Heavy Industries tabled the “Public Enterprises Survey” on the parliament. The report says that the net profit from the PSUs has increased by 15.5% as compared to ..
Month: Current Affairs - February, 2020
Alliance Air to fly between India and Sri Lanka
The Union Cabinet has granted approval to Alliance Air to fly between India and Sri Lanka, by waiving the rule that an airline needs to own minimum 20 aircraft to operate internationally. Alliance Air, which is a 100 per cent ..
RCS – UDAN scheme’s 250th flight operation commences
The wholly-owned subsidiary of Air India, Alliance Air recently commenced the direct flight operations from Bhubaneswar to Varanasi. The daily flight operation is started under the RCS-UDAN (Regional Connectivity Scheme – Ude Desh Ka Aam Nagrik). This route also marks ..
Government to sell its Entire Stake in Air India
As a part of the strategic disinvestment, On Monday, 27th January 2020, the Government of India has declared a bid document for selling its 100 percent stake in debt-laden Air India. Air India currently holds 50 percent shareholding in a ..