Air India Property To Auction

The government has admitted that much of Air India did not yield the expected revival package . Civil Aviation Minister Ajit Singh said the government has proved inadequate to the airline received equity . In addition to it was delayed .
According to the targets set under the scheme is shown to improve the performance of Air India . But equity will be reduced and the desired results are not met some new challenges . He said the company needed to equity stood at Rs 3574 crore . This liquidity crisis facing the airline . So, with the help of the government-guaranteed short -term working capital loans from banks had to . This has had the additional burden of interest payments . From the fall in the rupee against the dollar and the rise in fuel prices has also affected the increased financial pressure . Because of this extra time to fix the revival package has slipped all the financial estimates .

Acquired with the assets of Air India to raise money , according to an Oversight Committee was formed . This property sales e - auction suggested . So far, five properties have been identified . Their sales have been uploaded on the website of the tender . The company 's eight- floor rental building in Mumbai's Nariman Point has been given . The remaining floors will continue its efforts to hire . The airline hopes to get Rs 80 crore annually .

He informed the members that the Supreme Court decision of Air India 's engineering and ground handling departments, independent companies separate from the parent company - has been transformed into Aaiisel Aaiattisel . The staff has also been transferred . This aircraft - is expected to improve employee ratio . The first 249 employees per aircraft , but now that number will be limited to 139 employees .
Boeing 787 Dreamliner aircraft Ajit said that Air India has bought 27 Dreamliner . Of these, 10 have been received . Erstwhile Air India and Indian Airlines to fly these pilots are being trained . The pilot London , Frankfurt , Paris , Hong Kong , Söll , Sydney / Melbourne , Birmingham and Osaka International routes are blown Dreamliner .