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INDIA'S HINDUJAS GROUP WITHDRAWS FROM AIRLINE TUSSLE.
NEW DELHI, Sept 3 Asia Pulse - Without waiting for the government's verdict on qualification of its bids, Hindujas has withdrawn from the race to grab control of both Air India and Indian Airlines.
"The government is prejudging the issue without even waiting for the Law Ministry's comments on our reply to the show cause notice issued by Department of Disinvestment. We have been treated unjustly and we expect a fairer deal," chairman of Hinduja Group's flagship Company Ashok Leyland R.J. Shahaney told PTI in an interview shortly after pulling out from the race.
Consequently, there is no bidder in the race for Indian Airlines, while Tata-SIA is the sole bidder for Air India amidst speculation that Singapore Airlines was unsure of whether iy ...
- Indian Airlines, Air India improve financial position.
- News wire article from: PTI - The Press Trust of India Ltd. August 8, 2004 700+ words
...8 (PTI) The public sector Indian Airlines and Air India have improved their financial...to official figures. While Indian Airlines posted cumulative profit of...the same period last year, Air India reduced its cumulative loss...
- Strengthening Indian Airlines, Air India top priority: Patel.
- News wire article from: PTI - The Press Trust of India Ltd. May 24, 2004 700+ words
New Delhi, May 24 (PTI) Strengthening the Indian Airlines and Air India and putting in place a comprehensive civil aviation...charge at the Rajiv Gandhi Bhavan here, Patel said Indian Airlines should grow and retain its past glory. "For...
- INDIAN AIRLINES & AIR INDIA IN TUG-OF-WAR OVER GULF OPERATIONS.
- News wire article from: AsiaPulse News July 17, 2002 700+ words
NEW DELHI, July 17 Asia Pulse - A tug of war is on between domestic carrier Indian Airlines (IA) and international carrier Air India (AI) on the operations to the Gulf, with the Indian government deciding to continue with...
- INDIAN AIRLINES, AIR INDIA IN TALKS TO DRY LEASE AIRCRAFT.
- News wire article from: AsiaPulse News July 31, 2000 700+ words
NEW DELHI, Jul 31 Asia Pulse - State-owned national carrier Indian Airlines (IA) is holding talks with state-owned international carrier Air India (AI) to dry-lease three Airbus A-300 B4 aircraft which the international...
- DECISION ON INDIAN AIRLINES, AIR INDIA FLEET EXPANSION THIS YEAR.
- News wire article from: AsiaPulse News July 5, 2004 700+ words
NEW DELHI, July 5 Asia Pulse - A "transparent" decision to allow state-owned carriers Indian Airlines and Air India go ahead with their fleet expansion plans would be taken this year, Civil Aviation Minister Praful Patel...
- TUNIS AIR SEEKS AGREEMENTS WITH INDIAN AIRLINES & AIR INDIA.
- News wire article from: AsiaPulse News October 3, 2002 700+ words
...Tunisian national airline Tunis Air, which is starting its flights to Dubai from December 2002, has asked Indian Airlines and Air India to carry its India-bound passengers from Dubai. It has also offered to carry the Indian passengers, on...
- CONCERN OVER AIR INDIA, INDIAN AIRLINES AIRCRAFT PURCHASE DELAY.
- News wire article from: AsiaPulse News August 30, 2004 700+ words
...delay in fleet acquisition by Air India and Indian Airlines, a Parliamentary Committee...delay in the process forced Air India to sell the bilateral agreements...proposals of the state-owned Indian Airlines and Air India be approved without any further...
- Possible merger of Air India and Indian Airlines - report.(Brief Article)
- Magazine article from: Airline Industry Information February 20, 2006 700+ words
...Minister for Civil Aviation, Indian Airlines and Air India, both state-owned carriers...Associated Press, Patel said that Air India will delay its planned IPO...are still being negotiated. Air India's IPO was scheduled to be...
