AI spent a whopping Rs 1,803 crore on pending staff salaries

Air India spent over 85 per cent of its Rs 6,000-crore (Rs 60-billion) equity infusion last year on clearing pending staff salaries, paying off aircraft loans and interest and its debt to oil......

AI to focus on making Dreamliners its workhorse

Air India is set to replace all its eight Boeing B-777 (LR) aircraft with the help of the US aircraft manufacturer and make the B-787 Dreamliners its workhorse over the next few years. The......

AI to float Rs 2,000-cr bond issue

Air India has finalised a restructuring plan under which it will float a Rs. 2,000 crore (Rs. 20 billion) bond issue through Air India Charters Ltd, a profitable subsidiary which runs low-cost......