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Cash-strapped Air India asks for Rs 20,000 crore bailout

Cash-strapped Air India-Indian Airlines has sought an immediate loan of about Rs 10,000 crore from the government along with an annual equity infusion of Rs 2,500-3,000 crore for the next four to five years, which will be linked to the induction of new aircraft into its fleet, sources said. In all, the tottering airline on Saturday projected a requirement of almost Rs 20,000 crore, roughly the size... 

Singapore Airlines has a narrow escape in Kolkata

Kolkata, June 11 (ANI): Passengers of a Singapore Airlines plane had a narrow escape when a bowser caught fire seconds before it was to start refuelling the plane at the international airport in Kolkata on Wednesday night. According to Airport sources, passengers were disembarking via an aerobridge when a truck carrying 14 kilolitres of aviation turbine fuel rolled under one of the plane’s wings.... 

`Kanishka’ victims’ families charge Canadian Government with cover-up to contain civil damages

Ottawa (Canada), May 9 (ANI): Relatives of the victims killed in the June 26, 1985 bombing of the Air India flight “Kanishka” have accused the Canadian Government of quietly releasing new documents that contain evidence that officials had advance warning of the calamity that was to take place. They further suggested that former Prime Minister Brian Mulroney’s office covered up a key report... 

Air India makes Frankfurt hub for Western sector

Air India has officially opened its European hub at the Frankfurt International Airport from where it will operate its west-bound flights. The airline had launched two new daily US-bound flights from Mumbai and Delhi and back last Sunday.  The Deputy Chairman of the Frankfurt International Airport Stefan Schulte has said that Air India’s chances of joining the Star Alliance, the consortium... 
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