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 .

Expensive air fare once again under investigation

Aviation arbitrary increase in air fares silence after complaints Competition Commission ( CCI ) will check them again . Before the Commission has examined similar situations four times . Jet Airways , Indigo , major airlines including Air India in the last days the air fares were raised by 25 to 30 per cent . Behind the rise airlines Air Fuel ( ATF ) price hike was argued three times in three months . Air Passengers Association of Airline Passengers Association but dismissed it told the real reason is the upcoming festive season .

The complaint to the Competition Commission stated that combine Airlines fare increase before the festival every year . Hawaii Yatr this festive season is to take advantage of the increased demand . Aviation Ministry to increase fares airline chiefs over the last week and calling a meeting of State Ministers of Transport and Civil Aviation was discussed . It reduced rates of VAT on ATF from Racyon four percent was requested to get on .

Some Racyon the rates are reduced . But in most Racyon rates by 12 per cent to 30 per cent are still . The cost airlines share of expenditure on ATF is 40 per cent . However , the responsibility to monitor air fares Directorate General Aviation ( DGCA ) has . He 's about to put the guidelines .

The airlines have to be transparent in their fares . In addition to their lowest and the highest rent rates have to give details of all charges and surcharges . But the system has not proven to be very effective . Consequently , the issue around - turned reaches the front of the Competition Commission .