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Sought to deny AAI crucial funds during the bankruptcy proceedings that was needed to keep AAI operating;
Aera also stated, however, irrespective of the position whether other promoters can bring in further equity or not, in case, they are presumed to be able to bring in such equity, the same will lead to a reduction in equity of AAI below the current level of 26 per cent.
On this occasion, Aravind Melligeri, CEO of QuEST Global Manufacturing said, "I would like to congratulate the team at AAI for getting the first delivery of the A-380 assembly out within the short duration of 4 months from inauguration of the greenfield facility.
AAI Unmanned Aircraft Systems is an operating unit of Textron Systems.
Srivastava took over as the new chairman of AAI replacing Sudheer Raheja.
Amini Kajunju is an entrepreneurial and tech-savvy leader who brings to AAI a proven record of working with nonprofit organizations to ignite innovation and achieve measurable results," said Kofi Appenteng, Chairman of AAI's Board of Trustees.
Army and Marine Corps, and the electric Orbiter[TM] Miniature UAS, being offered to various military and law enforcement customers through a teaming agreement between AAI and Israel-based Aeronautics Ltd.
The AAI source stated, There was a certain deposit that the airline had given us when they began services and once we took that into account, we realised that the dues had swollen to about `170 crore.
The rule forces airlines to return flights to the gate before three hours after departure or face multi-million dollar fines per flight, AAI said.
The AAI had earlier banned the landing of big aircraft in the Patna facility which was to come into effect on 15th August.
company, and AAI Unmanned Aircraft Systems (UAS), an operating unit of Textron Systems, a Textron Inc.
AAI Unmanned Aircraft Systems, an operating unit of Textron Systems, a Textron Inc.
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