turnaround plans

‘Civil aviation sector up 18.5 percent in seven years’


March 15th, 2012 - 5:06 pm ICT by IANS
New Delhi, March 15 (IANS) India's financially troubled civil aviation sector grew at 18.5 percent in the last seven years and the government has taken various steps to resolve ... Read more...

Posted in Business |

Air India board approves issue of preferential shares to lenders


December 29th, 2011 - 11:21 pm ICT by IANS
New Delhi, Dec 29 (IANS) National carrier Air India Thursday said that its board has, under its financial restructuring plan, approved the issue of preferential shares to be allotted ... Read more...

Posted in Business |

Court bans pilots’ strike, Air India to continue operations (Lead)


March 15th, 2011 - 11:15 pm ICT by IANS
New Delhi/Mumbai, March 15 (IANS) Flag-carrier Air India will continue normal operations as the Delhi High Court Tuesday banned the proposed strike by a section of pilots beginning Wednesday.Justice Gita ... Read more...

Posted in Business |

Air India plans for cost cutting and a turnaround


October 14th, 2009 - 9:18 pm ICT by ANI
Mumbai, Oct 14(ANI): Union Civil Aviation Minister Praful Patel on Wednesday held a meeting with Air India management and staff unions in Mumbai to analyze the national carrier's rationalization and turnaround plans.While ... Read more...

Posted in National |

GM, Chrysler ask for $21.6 bn more, plan to cut 50,000 jobs


February 18th, 2009 - 10:50 am ICT by IANS
Washington, Feb 18 (IANS) US auto giants General Motors and Chrysler LLC have told the government they could need an additional $21.6 billion in federal loans between them because of worsening demands ... Read more...

Posted in Uncategorized |

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