Month: December 2019

Air India seeks Rs 2,400 cr government guarantee to raise funds

December 13, 2019

New Delhi: Faced with acute financial crunch, Air India has sought Rs 2,400 crore guarantee from the government to raise fresh funds to mainly meet its operational requirements, according to an official. The development comes at a time when the government is in the process of finalising the contours for divestment of debt-laden Air India. […]

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Flyers stranded for 43 hours as flight gets diverted to Singapore

December 13, 2019

Bengaluru: In one of the worst nightmares for any flyer, a GoAir flight carrying 158 passengers, suffered a technical glitch mid-air, 33 minutes after it took off from Singapore‚Äôs Changi Airport to Bengaluru, in the wee hours of Monday. It had to return to Changi to carry out repairs. Passengers reported to have smelled heavy […]

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