Singapore Airlines to investment Rs 3,194.5 crore in Air India post-merger of Vistara
Singapore Airlines is set to make an additional investment of Rs 3,194.5 crore in Tata Group-owned Air India post-merger of Vistara in November.
Singapore Airlines is set to make an additional investment of Rs 3,194.5 crore in Tata Group-owned Air India post-merger of Vistara in November.
An Air India flight from New Delhi to Chicago was on Tuesday diverted to Canada after receiving a bomb threat which was posted online
An Air India flight from Mumbai to New York was diverted to Delhi on Monday following a bomb threat.
An Air India Express flight to Sharjah that took off from Tamil Nadu's Tirchy International Airport at 5.40 p.m. landed back safely after developing a technical snag, an official said on Friday.
National carrier Air India on Wednesday said that flights operated by Vistara will start using the flight code 'AI2' after the merger of the two airlines next month.
"Who is accountable and responsible for unwarranted expenditures arising out of such acts of omission and commission by the senior executives such as Hemlata and Ravikumar, both being from Finance Department and under the control of Director, Finance, Air India, V. Hejmadi. Most importantly, when the company is going through financial turbulence as well as a disinvestment process, what leadership and direction has been shown by Hejmadi to his subordinates," the union said.
Thereafter, if the Tata bid is deemed accepted, the 90 day period for handover shall commence and end by November 30 or at the most, by December 31.
Sources say that at a time when Air India has initiated pay cuts, citing financial difficulties, the positions for eight General Managers are being filled with empanelment of candidates already done.
The Indian Commercial Pilots Association (ICPA), in a letter to Rajiv Bansal, Chairman and Managing Director, Air India on Friday, said that around 50 pilots have received illegal termination letters from the Personnel Department in blatant violation of company's operation manual and service rules.
The scheme was circulated on July 14 and the pilots have been protesting that it "confers disproportionate powers" on the Chairman and Managing Director to pass an order requiring an employee to go on a compulsory leave without pay for a period of six months or for two years, and extendable upto five years.
