Tuesday, May 08, 2012

Air India almost bankrupt: Ajit Singh

New Delhi: Air India is almost bankrupt, has not paid employees for months, airport authorities and oil companies, the Civil Aviation Minister, Mr Ajit Singh, said today.
Stating that the Government is ready to talk to pilots, he said, however, discussions and disruptions cannot take place simultaneously.
Air India flights continued to be affected. Sources say between yesterday night and this morning, two flights from Delhi and one from Mumbai were cancelled.
The flights cancelled include Delhi-Singapore and Delhi-JFK (New York). From Mumbai, the flight to Newark was affected.
09/05/12 Business Line
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