Article: Company Watch - Air India.

Oct 15, 2007

Air India expects revenue of $4 billion in the fiscal year ending March 31, 2008, as it moves forward with the merger between the old Air India and Indian Airlines, Dow Jones reported from New Delhi. The two carriers reported pro forma revenue of $3.5 billion in the 12 months ending last March, AI Executive Director-Finance S. Venkat told the newswire. Oct 11, 2007

Merged Air India holding company National Aviation Co. of India is planning to sell as much as 15% of the airline in an IPO next year, Chairman V. Thulasidas told reporters in Kolkata. The carrier currently is state-owned. Civil Aviation Minister Praful Patel confirmed the move in the Economic ...

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