Auto Components News

alliance air: No takers, ‘burden on government’: Alliance Air gets a Mayday call for burning taxpayers’ money.


Alliance Air via Facebook


Alliance Air’s north-east operations cost taxpayers INR6 crore per month. The aviation ministry has asked the airline, which is on the block, to submit a roadmap to address this situation. The question is: will this affect its flight to find a suitor?

In January 2012, when Religare group-promoted Air Mantra became the first company to land a civilian aircraft at Kargil airport, hundreds had gathered to witness the historic moment even though mercury had dropped to -20 degrees. Once the 17-seater plane carrying Jammu & Kashmir’s then chief minister Omar Abdullah came to a halt, the now-extinct airline’s CEO Sandeep Bhatt made an unusual demand. According to a government official who was

  • SAVE

Uh-oh! This is an exclusive story available for selected readers only.

Worry not. You’re just a step away.

Why ?

  • Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors

  • Stock analysis. Market Research. Industry Trends on 4000+ Stocks

  • Clean experience with
    Minimal Ads

  • Comment & Engage with ET Prime community

  • Exclusive invites to Virtual Events with Industry Leaders

  • A trusted team of Journalists & Analysts who can best filter signal from noise

  • ​Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-​


Source link