AirAsia says deal not violative of shareholder agreement.
Changes being driven by Etihad, says a source, after a V-P quits
Sources aware of the development said as part of the project, the airline had signed an agreement with Reliance Industries Ltd, which would extend quality control services at its coastal terminals for ATF imported by the airline.
Earlier, its attempts to monetise properties, including the 22-storeyed Air India building in Nariman Point, saw lukewarm response.
Jet Airways (India) Ltd hopes to minimise the impact of a sharp rupee depreciation by growing its international network over the next few months.
Jet Airways is imposing $50 surcharge on economy class fare on its Gulf flights.
Known for its flamboyant and trendy image, Virgin Atlantic is a minnow among airlines due to a small fleet and limited network.
Infighting among pilots might impact Air India's 787 flights
Ahead of a crucial meeting next week, the Foreign Investment Promotion Board is scrutinising the commercial cooperation agreement between Jet Airways and Etihad Airways to ensure control is not passed on to the Abu Dhabi-based airline.
Growing trade and commerce in the region could support passenger demand
Move is aimed at bringing private operators to run airports.
Govt gave 36,000 seats per week more than inter-ministerial group's recommendations.
The first six months of the financial year (Siemens follows an Oct-Sept calender) has not been encouraging.
It reported a loss of Rs 36 crore (Rs 360 million), the first such negative result in 10 years.
On Thursday, all airlines (except for Air India) reduced fares on key domestic routes such as Delhi-Mumbai, Delhi-Bengaluru, Mumbai-Bengaluru, among others.
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Globally, the company intends to cut expenses by $7.8 billion by 2014.
Realty plans hit roadblock; delay could hit modernisation
Has also sought permission to share with Virgin Atlantic for new routes in Britain.
Ravindra Dholakia joins the board along with Gurcharan Das, former chief executive officer of Procter & Gamb#8804 Prem Vrat, vice-chancellor of ITM University of Gurgaon; Air Marshal K K Nohwar; and Renuka Ramnath, managing Director and CEO of private equity firm Multiples Alternate Asset Management.
Thomas Cook, which is looking to shift its offices to one of the places such as Lower Parel, Dadar, Bandra Kurla Complex or Andheri, is likely to take a decision in the next three to four months.
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