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Air India

05 January 2016

The Supreme Court on Monday was unimpressed with the functioning of the national carrier Air India, which is running into losses while other private airlines are prospering, demanding to know the reason why, reported The Economic Times.

A bench of Chief Justice of India TS Thakur, Justice AK Sikri and Justice R Banumathi asked: “While private airlines are prospering, Air India is going into red. Who should be held responsible for Air India mess? There are so many stories going around.”

They were hearing a public interest litigation asking the carrier to commence flights connecting Delhi and Shimla. The Himachal Pradesh high court had on 7 December 2015 asked the carrier to commence that flight route on a trial basis, which was put on hold by the Supreme Court.

Solicitor General Ranjit Kumar, representing Air India, told the court that the flight connecting the two cities was not economical as there were 12 to 15 one-way passengers only, and that Shimla airport did not have refuelling facilities to which the court reportedly reprimanded the government with: “You have already constructed an airport, probably spending Rs 100 crores, now you can’t say that there is no refuelling facilities.”

The court issued notice to the civil aviation ministry, the Airports Authority of India, the Directorate General of Civil Aviation, and the Himachal Pradesh government as well as the petitioner Paras Daulta.

The matter will come up for hearing next on 16 February.

24 May 2010

air-indiaMulla & Mulla & Craigie Blunt & Caroe and a UK firm are representing Air India's insurance underwriters in compensating victims of the Air India air disaster, potentially handling claims running to Rs 400 crore ($85m).

13 July 2009

airplaneflyover_byIrargerich_thClifford Chance has cemented its ties to Air India, acting on the $1bn (Rs 4,900 crore) asset finance loan from JPMorgan Chase, which was advised by Milbank Tweed Hadley McCloy.

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