New Delhi: National carrier Air India, which is in deep red with a cumulative loss of over Rs 22,000 crore, has got Rohit Nandan as its new boss, after controversial Chairman and Managing Director Arvind Jadhav was shown the door. But is that enough to revive the Maharaja? As the national carrier hits an air Pocket and hurtles deeper into a financial crisis, the Government faced an Opposition onslaught. "This...
10:39 PM, Aug 12, 2011
New Delhi: Air India Chairman and MD Arvind Jadhav was sacked on Friday. IAS Officer Rohit Nandan on Friday replaced Jadhav as the Chairman and MD of the premier airline, though formal orders for his appointment still have to be issued. Nandan's appointment will be an interim appointment. A recent RTI query had revealed that Arvind Jadhav had been rejected for the position a year ago as he did not...
08:58 AM, Aug 12, 2011
New Delhi: Civil Aviation Ministry has initiated the process of removing Arvind Jadhav from the post of Chairman cum Managing Director of Air India, sources have told CNN-IBN. Jadhav's case will soon be refereed to the Cabinet Committee on Appointments. Sources say there is a problem in finding Jadhav's replacement as no one wants to go to Air India. Air India carries an accumulated loss of Rs 18,000 crore, debt...
05:24 PM, Aug 08, 2011
New Delhi: The Air India pilots strike entered its sixth day on Monday with no end to miseries for travelers. The Delhi High Court will initiate contempt proceedings against the agitators, after they defied its orders to resume duties by Monday. The 850 pilots on strike will on Monday have to tell the court why they haven't returned to work. The pilots staying adamant even after Chairman and Managing Director...
07:21 AM, May 02, 2011
New Delhi: Air India CMD Arvind Jadhav on Sunday sent SMS to employees of the national carrier to "persuade" striking pilots to return to the negotiating table and work to "save our airline." Jadhav said the Indian Commercial Pilots Association struck "work illegally for pay increase and parity, thus threatening our survival." "This when a Supreme Court judge is studying this issue. Risking our airline's survival at this time is...
06:05 PM, May 01, 2011
New Delhi: Indian Commercial Pilot Association (ICPA) leader Captain VK Bhalla has claimed that Air India is not in loss and demanded a Central Bureau of Investigation (CBI) enquiry into what he called were corruption cases in the airline. "The management has been lying about Air India losses. It is only corruption inside Air India and no losses. There should be a CBI probe into it. The management has held ...
04:05 PM, Apr 28, 2011
New Delhi: Air India management has hit back at the striking pilots and terminated the services of six members of the Indian Commercial Pilot Association (ICPA). Among those whose services have been terminated are ICPA President Captain Ashim Bhinder and General Secretary Captain Rishabh Kapoor. The airline has already declared the strike illegal, de-recognised the ICPA and sealed its offices in Delhi and Mumbai after over 600 pilots of the...
01:54 PM, Apr 27, 2011
When Austrian Gustav Baldauf, a former pilot with 14,000 hours of flying experience, took over as chief operating officer at Air India in the troubled times of 2008, many thought it was the turning point that the beleaguered airline had been waiting for. Its day-to-day operations needed as much fixing as its mounting debt and loss of market share did. Yet, on February 28, when Baldauf resigned from the company,...
12:03 PM, Mar 16, 2011
Mumbai: Air India board has convened an emergency board meeting in Mumbai, sources have told CNN-IBN. The meet is likely to discuss appointments of the top brass. The fate of Air India top executives including Chairman and Managing Director Arvind Jadhav is hanging in balance after the airline's independent directors closed ranks and are ready to tell the Prime Minister's Office that they had lost faith in the airline's leadership....
12:31 PM, Nov 03, 2010
New Delhi: Top Air India executives including Chairman and Managing Director Arvind Jadhav may be on their way out as the airline finds itself in rough weather again. The airline's independent directors have expressed no confidence in the current leadership under Jadhav. The independent directors have closed ranks and are all set to tell the Prime Minister's Office that they had lost faith in the leadership of the struggling airline....
10:46 AM, Nov 02, 2010
Members of the affected unions now plan to approach the courts on the issue. ...
01:12 PM, May 27, 2010
Air India CMD Arvind Jadhav says the airline will be able to clear all flights backlog in four or five days. ...
11:27 PM, May 26, 2010
The strike was called off after 15 Air India employees were sacked and 17 others suspended. ...
10:49 PM, May 26, 2010
The colleagues were forced to report for duty hours after the Mangalore air crash but Air India says they were offered trauma counselling. ...
08:52 PM, May 24, 2010
Reports claim that a Delhi-Coimbatore Air India flight was deployed as a chartered flight for IPL. ...
10:19 AM, Apr 23, 2010
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