Singapore Airlines has an open mind about making an initial bid for a stake in state-run Air India, the head of the Singaporean carrier's India business told Reuters on Thursday.
India will transfer part of Air India's $8.5bn debt pile to a special purpose vehicle before selling a stake in the state-owned carrier, its junior civil aviation minister told Reuters on Friday.
Saudi Arabia does not recognise Israel and lifting the airspace ban would reflect what appears to be thawing ties between Israel and the kingdom.
Saudi Arabia does not recognise Israel and lifting the 70-year-old airspace ban would reflect what appears to be thawing ties between Israel and the kingdom.
Once the country's monopoly airline, Air India has slowly lost market share to new low-cost private players in one of the world's fastest-growing airline markets.
India's cabinet approved Wednesday plans to sell a stake in state-run Air India as the debt-saddled carrier struggles to compete with low-cost rivals in one of the world's fastest-growing airline markets.
An Indian airline said on Friday it had cancelled a booking by a Hindu nationalist lawmaker who repeatedly hit an Air India steward with his sandal in a row over which seat to take.
India's national airline claimed Monday to have set a new record with the first round-the-world flight staffed entirely by women.
Thailand's airport authorities searched an Air India flight for explosives after it landed in Bangkok following a bomb threat late on Wednesday, an airport official said.
A hit Bollywood movie about the evacuation of more than 170,000 Indians from Kuwait in 1990 has angered the government with its portrayal of the country's diplomats as selfish and unfeeling.