Air India to Implement Dholakia Committee Recommendations in a Time Bound Manner
The Minister for Civil Aviation Shri Ajit Singh, while addressing media persons at a press conference here, has said that the Government has accepted the recommendations of Prof. Dholakia Committee Report on Cost Cutting in Air India and sent to Air India for immediate implementation. The Committee has made total 47 recommendations. Air India expects a saving of about 500 crores in next 6 months by implementing some of… Read More
Tags: Air India, Airline, Asia, Chennai, Civil Aviation, Committee, Government, India
Minister for Civil Aviation Stops ˜Companion Free Scheme™ After Air India Discovers Serious Irregularities
The Civil Aviation Minister, Shri Ajit Singh has directed the CMD, Air India to stop the Companion Free Scheme with immediate effect. This action was taken following the detection of irregularities .The Vigilance Department of Air India earlier discovered serious irregularities and misuse of Companion Free Scheme (CFS) in Air India while scrutinizing the CFS… Read More
Tags: Air India, Chandigarh, Civil Aviation Ministry, Delhi, Economy class, India, Indira Gandhi International Airport, Tickets
CLR Snippets :: Committee on Cost Cutting Measures Recommends Strong Accountability
Minister of State for Civil Aviation, Shri K. C. Venugopal informed Rajya Sabha today that in accordance with Turn Around Plan (TAP) approved by Government for Air India, some flights, which were not meeting the fuel cost /cash cost of operations, have been withdrawn by the airline. However, commencement and withdrawal of flights by any… Read More
Tags: Air India, Airline, Civil Aviation, Government, India, Jet Airways, Rajya Sabha, The Minister
CLR Snippets :: Air India to Emerge Ebitda Positive
Minister of State for Civil Aviation, Shri K. C. Venugopal informed Rajya Sabha today that Government has approved the Turn Around Plan (TAP) and Financial Restructuring Plan (FRP) of Air India under which there would be equity investment in Air India spread over 10 years. The equity would be brought in by Government against achievement… Read More
Tags: Air India, Asia, Civil Aviation, Earnings before interest taxes depreciation and amortization, Etihad Airways, Government, India, Rajya Sabha
Subscribe to the Daily Journal
India’s Leading Compliance Software
Corporate Law Referencer
