To introduce 'Guest First' programme to attract corporate customers; its market share and load factor lower than rivals
CIDCO moves Supreme Court against Rs 1,200 cr compensation order for land parcel
The airline notification to an exchange does not name the shareholder. It said the fund-raising would be subject to regulatory and corporate approvals.
But its sales pitch will remain muted till India opens up more seats on the route
The no-frills carrier was launched in 2009. It began India operations a year later.
Airbus recently bagged large orders from Indian airlines such as Indigo and Go Air.
Karnik was mandated to oversee commercial and sales functions of the airline. He took over from Hameed Ali, who joined the airline's board.
The civil aviation ministry received 20 applications and it granted NOCs to sixteen companies between 2009 till now
Airbus is now confident of crossing 1,000 net orders (excluding cancellations or conversions from previous orders) in 2014.
About 170 Airbus aircraft operate in India.
IndiGo's president Aditya Ghosh shares the growth plan.
AirAsia's rival airlines in India have kept themselves super-busy in the past few months -- by moving court against the former's launch, adding flights on the routes where AirAsia is operating, and engaging in a price war.
A financial turnaround with the Etihad partnership and debt restructuring has not fully materialised.
Online travel portals have seen a surge in bookings aided by several rounds of discount offers and a strong demand over the festival weekend.
FAA had downgraded India's safety ranking from category-II from -I after an audit revealed deficiencies in regulatory oversight.
The company expects four to five per cent revenue growth from Star Alliance membership.
This year the Pitru Paksha fortnight runs from September 9-24 and will end with the start of Navratri.
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The state government's notification, which was issued earlier in the week, quoted the civil aviation ministry's letter urging quick rehabilitation of slum dwellers due to security threat.
J R D Tata's flight carrying mail between the two cities was the first by an Indian company and it opened the air link to peninsular India.
Air India's home market share has fallen from 19.8% in January to 18% in July.
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