Air India sale: Emirates not interested in buying stake in national carrier, says report; Dubai-based airline focused on organic growth
4 years, 11 months ago

Air India sale: Emirates not interested in buying stake in national carrier, says report; Dubai-based airline focused on organic growth

Firstpost  

In 2018, the government had tried to sell a 76 percent stake in Air India and offload about $5.1 billion of its debt, terms that potential buyers at the time viewed as too onerous. After the government said on Monday that it plans to sell its entire stake in Air India, Dubai-based airline Emirates on Tuesday said it was not interested in buying stake in the national carrier. According to news reports, the Dubai-based airline—the largest foreign operator in India has said it was not keen on buying stake in Air India. A document inviting expressions of interest in Air India, released on Monday, said the government would sell a 100 percent stake in the carrier, which operates both domestic and international routes.

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History of this topic

After decades of decline, Air India is betting billions on a comeback
8 months ago

After decades of decline, Air India is betting billions on a comeback

Al Jazeera  

CEO Campbell Wilson says journey to restoring Air India’s reputation is ‘well under way’. Tasked with leading this mission is Air India CEO Campbell Wilson, who was recruited from Singapore’s low-cost airline Scoot in 2022 to turn around the carrier, founded in 1932 by French-Indian aviator entrepreneur JRD Tata. After the “capital-intensive” five-year plan is completed, Air India hopes to …

Govt likely to push for Air India units’ stake sale in FY25
11 months ago

Govt likely to push for Air India units’ stake sale in FY25

Live Mint  

New Delhi: The Centre will make a push for selling its shares in Air India’s erstwhile subsidiaries in FY25, said a top official, but the privatization of Container Corporation of India is unlikely to see any traction soon. “The Air India subsidiaries can be taken up for disinvestment, they’re part of the ongoing,” Tuhin Kanta Pandey, secretary of the department …

Air India: ₹7,000 Crore write-offs in FY23
1 year, 5 months ago

Air India: ₹7,000 Crore write-offs in FY23

Live Mint  

Air India incurred significant write-offs amounting to an estimated ₹7,000 crore during the financial year 2022-23. However, despite these challenges, Air India managed to reduce its losses and achieve positive earnings before interest, taxes, depreciation, amortisation, and restructuring or rent costs at an operating level, the publication reported. Air India, along with its subsidiary Air India Express, achieved EBITDAR positivity …

India is now the most populous country in the world. And it’s ready to become a tourism force
55 years ago

India is now the most populous country in the world. And it’s ready to become a tourism force

CNN  

CNN — Having recently become the world’s most populous nation, India has sparked much speculation about whether it will continue to surpass China in other arenas. India is experiencing what Omri Morgenshtern, CEO of travel and bookings website Agoda, calls a tourism “boom,” and is currently “the biggest growing outbound destination.” While the total number of travelers coming from some …

Government to make Rs 300 crore equity infusion in Alliance Air, earlier Air India wing
1 year, 7 months ago

Government to make Rs 300 crore equity infusion in Alliance Air, earlier Air India wing

India TV News  

Alliance Air : Amid financial headwinds faced by Alliance Air, the government has stepped forward to make an equity infusion of Rs 300 crore. The regional carrier Alliance Air, the earlier part of Air India, is now owned by AI Assets Holding Ltd, a special-purpose vehicle formed by the central government. The finance ministry has approved an equity infusion of …

Air India's expansion plans fuel tension over airline flying rights
1 year, 9 months ago

Air India's expansion plans fuel tension over airline flying rights

India Today  

Tensions over plans to transform Air India into a global airline with hundreds of new jets rippled across the aviation sector on Tuesday as foreign carriers clamoured for more access to the world's fastest-growing economy. 'BIGGER SHARE' Now, the rebirth of Air India and launch of a new Saudi carrier with dozens of jet orders has shuffled the deck and …

Emirates airlines president Tim Clark: Curbs on Gulf flights will retard India’s growth, cost carriers dear
1 year, 9 months ago

Emirates airlines president Tim Clark: Curbs on Gulf flights will retard India’s growth, cost carriers dear

The Hindu  

He is a global aviation leader today, but Emirates airlines president Tim Clark’s childhood memories are filled with experiences of flying with Air India, be its Constellation aircraft, his first Jet flight on the erstwhile national carrier’s Boeing 707, “to-die” for interiors, and “friendly” saree-clad cabin crew. And, while Air India in its heydays put the country on a global …

Air India's order for 470 jets at list price of $70 billion
1 year, 10 months ago

Air India's order for 470 jets at list price of $70 billion

The Hindu  

Tata group-owned Air India's order for a record 470 aircraft from Airbus and Boeing Co will be at a list price of $70 billion, Chief Executive Campbell Wilson said on February 27, as the airline seeks opportunities to expand in long haul international. Air India had, earlier this month, announced provisional deals for 220 planes from Boeing and 250 from …

Air India’s order for 470 jets at list price of $70 billion
1 year, 10 months ago

Air India’s order for 470 jets at list price of $70 billion

Live Mint  

Air India's CEO Campbell Wilson on Monday said that Air India's order for a record 470 aircraft from Airbus and Boeing will be at a list price of $70 billion.The airline plans to fund the deal with internal cash flow, equity and sale and leaseback, Wilson added. On February 14, Air India announced placing an order for 470 planes, including …

Air India Changing Global Geopolitics Through Aviation - News18
1 year, 10 months ago

Air India Changing Global Geopolitics Through Aviation - News18

News 18  

A country can take bold decisions only when it can stand on its own feet, and when India makes such a call, it does so because it has made itself that strong to be able to do it. Air India has also placed orders with Boeing and Airbus for 470 new aircraft, the largest by a single entity. Air India’s …

Air India-Airbus-Boeing deal was sealed with dinner at luxury Indian restaurant
1 year, 10 months ago

Air India-Airbus-Boeing deal was sealed with dinner at luxury Indian restaurant

Hindustan Times  

Air India's record aircraft deal has put the Tata Group-owned airline in the league of aspiring global carriers. 'METHODICAL, TOUGH' The contest for attention played out across London on a chilly day in December as Airbus found itself in talks with Air India on one side of the capital, while fighting Qatar Airways in court over the fate of similar …

Air India reveals orders for 470 Boeing, Airbus jets
1 year, 10 months ago

Air India reveals orders for 470 Boeing, Airbus jets

Associated Press  

LONDON — Air India unveiled orders Tuesday for 470 Boeing and Airbus passenger jets as it races to tap surging demand for increasingly affordable air travel from the nation’s growing ranks of middle-class consumers. Toulouse, France-based Airbus will provide Air India 40 wide-body A350 Airbus aircraft and another 210 narrow-body A320neo planes, Tata Sons Chairman Natarajan Chandrasekaran said in the …

Air India buys 540 planes, in biggest ever deal
1 year, 10 months ago

Air India buys 540 planes, in biggest ever deal

Live Mint  

Air India Ltd on Monday made aviation history with the biggest aircraft order ever, agreeing to purchase a total of 540 aircraft from Boeing and Airbus that will help the Tata Group airline expand its horizons in India and abroad. Chart Announcing the aircraft orders earlier in the day, N. Chandrasekaran, chairman of Tata Sons Ltd, said the group is …

Air India to purchase 470 Boeing, Airbus planes; Joe Biden lauds US-India ties
1 year, 10 months ago

Air India to purchase 470 Boeing, Airbus planes; Joe Biden lauds US-India ties

Hindustan Times  

Air India is placing orders for 470 Boeing and Airbus aircraft, underlining the surging demand for increased mobility in a nation with a swelling middle class. Together with Prime Minister Modi, I look forward to deepening our partnership even further as we continue to confront shared global challenges—creating a more secure and prosperous future for all of our citizens.” Air …

Air India to buy 250 Airbus planes: What we know about the 'historic' deal
1 year, 10 months ago

Air India to buy 250 Airbus planes: What we know about the 'historic' deal

Hindustan Times  

Tata Group-owned Air India has agreed to buy 250 jets from Airbus, part of a massive deal for 470 planes, underlining the surging demand for air travel fueled by the country's swelling middle class. The owner of Air India announced a deal to buy 250 Airbus jets, including A350 wide-body planes and A320neo single-aisle planes. > Air India will buy …

India’s military, civil ambitions to dominate Aero India show
1 year, 10 months ago

India’s military, civil ambitions to dominate Aero India show

Live Mint  

India is scouting for billions of dollars worth of military planes, completing jetliner deals to meet civilian demand and pressing global aircraft manufacturers to produce more locally at a major air show this week. As the country prepares to host the Aero India show in Bengaluru from Monday, its airlines are expanding, with Air India expected to announce a potentially …

Air India places monumental order for approximately 500 planes from Airbus, Boeing: Report
1 year, 10 months ago

Air India places monumental order for approximately 500 planes from Airbus, Boeing: Report

India TV News  

In an effort to rebuild itself under its new owners, Air India has signed a massive contract for roughly 500 new planes worth more than $100 billion. Reportedly, this might be the airline's single-largest purchase ever as Air India is in a process to overhaul itself under the Tata Group with a fleet that is fuel-efficient. While the airline reached …

Air India signs agreement with Airbus, Boeing for largest purchase in history
1 year, 10 months ago

Air India signs agreement with Airbus, Boeing for largest purchase in history

Live Mint  

Air India Ltd. has signed agreements with Airbus SE and Boeing Co. for what could become the largest purchase of jetliners in commercial aviation history, as the carrier seeks to reinvent itself with a fuel-efficient fleet that can take on local low-cost rivals and powerful Gulf airlines like Emirates. Air India and its parent, Tata Group, spent months negotiating the …

Air India finalises order for around 250 aircraft with Airbus: Report
1 year, 11 months ago

Air India finalises order for around 250 aircraft with Airbus: Report

Live Mint  

With an aim to expand its operations as well as fleet, the Tata group-owned Air India has finalised an order for around 250 aircraft with Airbus. Earlier on 27 January, Air India chief Campbell Wilson said the airline is finalising a historic order of new aircraft. According to report by news agency PTI, the deal is likely to include 40 …

Here's why Singapore Airlines is investing in Air India
1 year, 11 months ago

Here's why Singapore Airlines is investing in Air India

Hindustan Times  

When the Singapore Airlines Group released its operating statistics for December 2022, it revealed that it carried almost 12 per cent more passengers compared with a month ago and four times more than a year ago. SIA's passenger load factor in December 2022 came in at 89.7 per cent during the month -- 3.8 percentage points more compared with a …

Air India marks 1 year of privatisation, says average daily revenue has doubled
1 year, 11 months ago

Air India marks 1 year of privatisation, says average daily revenue has doubled

The Hindu  

On the occasion of the first anniversary of Tata Sons buying Air India from the government, the airline said it is in the process of finalising a “historic” order of new aircraft for future growth. Sharing data on the improvement in operational parameteres since January 27, 2022 when the government handed over the ownership and management of the airline, Air …

Air India inches closer to seal half of jumbo plane order
1 year, 11 months ago

Air India inches closer to seal half of jumbo plane order

Live Mint  

Air India will on Friday seal half of an order for some 495 jets with Boeing and engine suppliers General Electric and CFM International, industry sources said, as its new owner seeks to revive the airline and compete with larger rivals. After months of closely guarded, tough negotiations, Air India is set to place an order for 190 Boeing 737 …

Tata's Air India to seal half of jumbo plane order with Boeing: Report
1 year, 11 months ago

Tata's Air India to seal half of jumbo plane order with Boeing: Report

India Today  

Air India will on Friday seal half of an order for some 495 jets with Boeing and engine suppliers General Electric and CFM International, industry sources said, as its new owner seeks to revive the airline and compete with larger rivals. After months of closely guarded, tough negotiations, Air India is set to place an order for 190 Boeing 737 …

Tata’s Air India to seal half of jumbo plane order today
1 year, 11 months ago

Tata’s Air India to seal half of jumbo plane order today

Live Mint  

Air India will on Friday seal half of an order worth billions of dollars for some 495 jets with Boeing and engine suppliers General Electric and CFM International, two industry sources said, as its new owner seeks to revive the airline and compete with much larger rivals. After months of closely-guarded, tough negotiations, Air India is set to place an …

Air India buys balance stake held in AirAsia India by Malaysian group
2 years, 2 months ago

Air India buys balance stake held in AirAsia India by Malaysian group

The Hindu  

Air India has fully bought out budget carrier AirAsia India by purchasing the balance 16.3% stake held by Malaysia’s AirAsia Aviation Group in the Indian arm. The airline will now be “integrated” with Air India’s low-cost international arm Air India Express. “An operational review process is underway with a view to ultimately integrating AAI fully with Air India Express,” the …

AirAsia announces it is selling remaining equity shares to Air India: Report
2 years, 2 months ago

AirAsia announces it is selling remaining equity shares to Air India: Report

Hindustan Times  

AirAsia Aviation Group Limited on Wednesday has announced that it is selling the remaining equity shares in AirAsia to Tata Group-owned Air India. The move comes as AirAsia returns to the skies stronger than ever since the Covid-19 pandemic, which had enabled it to re-evaluate its strategic objectives, Livemint reported. AirAsia returns to the skies stronger than ever since the …

Air India CEO discloses his aims for 30 pc international market share in 5 years
2 years, 2 months ago

Air India CEO discloses his aims for 30 pc international market share in 5 years

Firstpost  

Air India chief Campbell Wilson on Tuesday said the airline aims to have a 30 per cent share in both domestic and international markets in the next five years. Campbell Wilson, the CEO of Air India, stated on Tuesday that the company hopes to hold a 30% market share in both domestic and foreign markets within the next five years. …

Air India plans to acquire 100% stake in AirAsia India, seeks approval from CCI
2 years, 8 months ago

Air India plans to acquire 100% stake in AirAsia India, seeks approval from CCI

Firstpost  

AirAsia India is majority-owned by Tata Sons Private Ltd with a shareholding of 83.67 per cent and the remaining stake is with AirAsia Investment Ltd, which is part of Malaysia’s AirAsia Group New Delhi: Tatas-owned Air India plans to acquire no-frills carrier AirAsia India and has sought approval from the Competition Commission of India for the proposed deal. AirAsia India …

Tata chief: Air India will be made world-class
2 years, 10 months ago

Tata chief: Air India will be made world-class

Hindustan Times  

The goal is to make Air India the world class airline it deserves to be, Tata Sons chairman N Chandrasekaran told employees of the newly acquired carrier during a virtual staff address on Wednesday. “We want Air India to be a world class airline as it deserves to be and best in customer service. The ministry of finance on Wednesday …

Air India back to Tatas: Who gets what
2 years, 11 months ago

Air India back to Tatas: Who gets what

India Today  

Tata group now owns Air India through its subsidiary Talace. As per a statement issued on Thursday, Tata group now owns Air India, Air India Express and Air India SATS Airport Services Pvt Ltd. Speaking to reporters on Thursday, Tata Sons chairman N Chandrasekaran said, "We are excited to have Air India back in the Tata group and are committed …

Tatas back in Air India cockpit
2 years, 11 months ago

Tatas back in Air India cockpit

The Hindu  

The Union government on Thursday transferred its shares in Air India, along with control and management, to Tata Sons subsidiary, Talace, ending a disinvestment process that started five years ago and saw a failed attempt. The transaction covers Air India, Air India Express and the government’s entire 50% stake in a joint-venture ground handling company AI SATS. I warmly welcome …

Air India likely to be handed over to Tata Group today: Timeline
2 years, 11 months ago

Air India likely to be handed over to Tata Group today: Timeline

Hindustan Times  

Air India is expected to be handed over to the Tata Group on Thursday. Here's a look at the previous attempts at privatisation: 2001: The Atal Bihari Vajyapee-led National Democratic Alliance government tried to sell a minority stake in order to raise funds. 2007: Congress-led UPA government decided to merge Air India and its subsidiary Indian Airlines to curb financial …

Air India to be handed over to Tata group on January 27
2 years, 11 months ago

Air India to be handed over to Tata group on January 27

India Today  

Air India will be handed over to founder Tata group on January 27 after the disinvestment process got slightly delayed. “I seek the cooperation of one and all.” The government confirmed the 100 per cent sale of Air India to Talace Private Limited, which is a subsidiary of the Tata group’s holding company, for Rs 18,000 crore on October 8, …

Air India likely to be handed over to Tata group by weekend
2 years, 11 months ago

Air India likely to be handed over to Tata group by weekend

Deccan Chronicle  

New Delhi: Air India is likely to be handed over to the Tata group by the end of this week, senior government officials said on Monday. After a competitive bidding process, the government had on October 8 last year sold Air India to Talace Private Limited -- a subsidiary of the Tata group's holding company -- for Rs 18,000 crore. …

Air India: Sold for a song
3 years, 2 months ago

Air India: Sold for a song

The Hindu  

Legend has it that when J.R.D. The return comes 68 years after Prime Minister Jawaharlal Nehru nationalised nine airlines through the Air Corporations Act, 1953, including Air India, in which the Tatas held a 25 per cent stake. Of the Rs.18,000 crore, Rs.15,300 crore, or 85 per cent, will go towards servicing Air India’s accumulated debt, which as of August …

Air India deal: Centre signs share purchase agreement with Tata Sons for Rs 18,000 cr
3 years, 2 months ago

Air India deal: Centre signs share purchase agreement with Tata Sons for Rs 18,000 cr

Firstpost  

The government is divesting its 100 percent ownership of Air India and Air India Express along with its 50 percent stake in ground-handling company AISATS New Delhi: The government on Monday signed the share purchase agreement with Tata Sons for the sale of national carrier Air India for Rs 18,000 crore. “Share Purchase Agreement signed today by Government with Tata …

Govt signs share purchase agreement with Tata Sons for Rs 18,000 crore Air India sale
3 years, 2 months ago

Govt signs share purchase agreement with Tata Sons for Rs 18,000 crore Air India sale

India TV News  

The government on Monday signed the share purchase agreement with Tata Sons for the sale of national carrier Air India for Rs 18,000 crore. "Share Purchase Agreement signed today by Government with Tata Sons for strategic disinvestment of Air India," Department of Investment and Public Asset Management Secretary Tuhin Kanta Pandey tweeted. Air India Director - Finance Vinod Hejmadi, Civil …

Govt signs share purchase agreement with Tata Sons for Rs 18,000-cr Air India sale
3 years, 2 months ago

Govt signs share purchase agreement with Tata Sons for Rs 18,000-cr Air India sale

India Today  

The government on Monday signed a share purchase agreement with Tata Sons for sale of national carrier Air India for Rs 18,000 crore. "Share Purchase Agreement signed today by Government with Tata Sons for strategic disinvestment of Air India," Department of Investment and Public Asset Management Secretary Tuhin Kanta Pandey tweeted. Tatas beat the Rs 15,100-crore offer by a consortium …

Disinvestment will foster Air India’s growth, better utilisation of wide-body planes: Civil Aviation Secretary Rajiv Bansal
3 years, 2 months ago

Disinvestment will foster Air India’s growth, better utilisation of wide-body planes: Civil Aviation Secretary Rajiv Bansal

The Hindu  

The disinvestment of Air India will lead to further growth of the national carrier in a professional manner, including better utilisation of its wide-body planes and upgradation of in-flight services, according to Civil Aviation Secretary Rajiv Bansal. Mr. Bansal, who is also in charge of Air India as its chairman and managing director, also noted that with better utilisation, the …

Watch | How Air India came back to the Tatas
3 years, 2 months ago

Watch | How Air India came back to the Tatas

The Hindu  

After 68 years, the Maharaja is all set to return to the Tata group. With the opening up of the aviation sector to private players in 1994-1995 and private entities offering cheaper tickets, Air India gradually started losing market share. The airline started suffering losses every year since Air India and Indian Airlines merged while retaining the brand name Air …

Opinion | Air India under Tatas will surely regain its lost glory
3 years, 3 months ago

Opinion | Air India under Tatas will surely regain its lost glory

India TV News  

In a historic acquisition, the Tata group, after a gap of 68 years, was set to regain control of India’s national carrier Air India, after its bid of Rs 18,000 crore was accepted by the Centre. While admittedly it will take considerable effort to rebuild Air India, it will hopefully provide a very strong market opportunity to the Tata group’s …

Sale of Air India marks a remarkable change for India, shows Centre has finally realised its job of being a regulator
3 years, 3 months ago

Sale of Air India marks a remarkable change for India, shows Centre has finally realised its job of being a regulator

Firstpost  

The sale of Air India shows the government has finally realized it is the citizen’s right to run a business. A government-run Air India has accumulated losses estimated at more than Rs 75,000 crore, with the government investing nearly Rs 1,10,000 crore, and it is possible that by the time the carrier changes hands, the losses amount to over Rs …

Air India finds a new address: Chronology of Air India privatisation
3 years, 3 months ago

Air India finds a new address: Chronology of Air India privatisation

The Hindu  

After more than two decades and three attempts, the government has finally sold its flagship national carrier Air India, and it is deja vu for Maharaja as it returned home to its founding father the Tata group. Here is a chronology of Air India privatisation plan: June 2017: The Cabinet Committee on Economic Affairs gave in-principle approval to the consideration …

Air India Disinvestment: Tata Group frontrunner to take over national carrier; Govt may announce winner today
3 years, 3 months ago

Air India Disinvestment: Tata Group frontrunner to take over national carrier; Govt may announce winner today

India TV News  

Air India Disinvestment: After years of waiting, who will finally take of Maharaja -- Air India? Meanwhile, several media reports earlier claimed that Air India is likely to return to its founders However, the Union government denied the media reports, calling them incorrect. Earlier, the Centre evaluated financial bids received from Tata Group and SpiceJet founder for the acquisition of …

Win-win situation for govt, aviation sector: Jyotiraditya Scindia on Air India sale to Tata Group | Exclusive
3 years, 3 months ago

Win-win situation for govt, aviation sector: Jyotiraditya Scindia on Air India sale to Tata Group | Exclusive

India Today  

Union Civil Aviation Minister Jyotiraditya Scindia on Friday congratulated the Tata Group for successfully bidding for Air India. Speaking exclusively to India Today, Jyotiraditya Scindia said, "It has been a long process and journey for Air India. Jyotiraditya Scindia said the divestment of Air India was a long process for the central government as the national carrier was making losses …

News18 Afternoon Digest: Govt to Declare Air India Sale Winner Tomorrow, Ex-HC Justice to Head Lakhimpur Violence Probe & Other Top Stories
3 years, 3 months ago

News18 Afternoon Digest: Govt to Declare Air India Sale Winner Tomorrow, Ex-HC Justice to Head Lakhimpur Violence Probe & Other Top Stories

News 18  

Air India Sale: Govt to Announce Winner Tomorrow, Tata Group to Take Charge, Say Sources Who will take charge of Maharaja? Putting an end to years of doldrums, the Union government is likely to announce the winning bid for debt-laden national carrier Air India on Friday, sources told CNBC-TV18. Lakhimpur Kheri Violence: Retd Allahabad HC Justice Appointed as Single-member Commission …

Air India disinvestment: Tatas likely frontrunners to win bid as govt sets minimum price for airline
3 years, 3 months ago

Air India disinvestment: Tatas likely frontrunners to win bid as govt sets minimum price for airline

India Today  

The government has set the minimum reserve price for national carrier Air India’s disinvestment after final bids were submitted by Tata Sons and SpiceJet promoter Ajay Singh earlier this month. TATAS FRONTRUNNERS TO ACQUIRE AIR INDIA Tata Sons is the likely frontrunner to acquire Air India as it is believed to have submitted a higher bid for the debt-laden airline. …

Govt may select successful bidder for Air India in 3 weeks: Report
3 years, 3 months ago

Govt may select successful bidder for Air India in 3 weeks: Report

India Today  

Final bids for acquiring state-run carrier Air India were recently submitted by Tata Sons and SpiceJet promoter Ajay Singh. Read | Air India sale: Tata Sons, SpiceJet promoter Ajay Singh submit final bids “Financial bids for Air India disinvestment received by transaction adviser. Once the final reserve price is determined, the proposal will be floated before the Air India Specific …

A Stormy Flight Path for Rakesh Jhunjhunwala’s Akasa in the Turbulent Aviation Industry
3 years, 5 months ago

A Stormy Flight Path for Rakesh Jhunjhunwala’s Akasa in the Turbulent Aviation Industry

News 18  

The Indian aviation community is abuzz with the news of a new airline being added to the fleet. And why now in the midst of a pandemic?” The Indian aviation market comprises six large airlines: IndiGo, SpiceJet, GoAir, AirAsia India, Vistara and Air India. In fact, it may go a step further to attempt an ultra-low cost model, which in …

Indian Aviation Sector Witnessed its Worst Year in 2020, Hopes for Quick Bounceback in 2021
4 years ago

Indian Aviation Sector Witnessed its Worst Year in 2020, Hopes for Quick Bounceback in 2021

News 18  

The COVID-19 pandemic had a massive impact on the Indian aviation sector in 2020 and major airlines facing losses and challenging times laid off employees, sent them on leave without pay, or cut their salaries. The government, meanwhile, permitted special international passenger flights under Vande Bharat Mission since May and air bubble arrangements were formed with around 24 countries since …

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