Spring Travels chairman assures 'every thing will be fine next week'.
According to civil aviation ministry records, there were 340 foreign pilots employed by airlines and charter companies in India as of December 2012. It said the number of foreign pilots in India had reduced from 526 in 2011 to 340.
In the initial phase, it would concentrate on destinations in south India, and on providing connectivity to small towns.
They have sought data from these companies on loss absorption capacity in case of a fall in gold prices and higher defaults.
On Thursday, Sabeer Bhatia, chief executive and co-founder of Jaxtr, launched a global SIM card for travellers.
European airports are wooing Indian airlines in the wake of intense competition from aviation hubs such as Dubai and Doha.
India, UAE yet to conclude bilateral investment promotion and protection agreement.
This carbon credit system is expected to generate greater financial viability for regional operators.
India is not an easy environment to operate in and grow because of the high cost of operations, says Neil Mills.
The GVK Group-run Mumbai International Airport Ltd is upgrading the airport at an estimated cost of Rs 12,380 crore.
An aviation website has evaluated AirAsia's potential network in India based on passenger market size, distance from Chennai and competition.
Ajit Singh says the govt does not intend to regulate fares but in the larger public interest, transparency is required.
Air India's total debt stands at about Rs 43,000 crore. It also has dues worth hundreds of crores to oil companies, airports and vendors
The state-run carrier will shortly invite bids to replace its fleet of 11 ATR-42s and Bombardier CRJ planes with newer fuel-efficient turbo prop planes to improve its operating result.
On Monday, the ministry withdrew foreign traffic rights it had granted to Kingfisher Airlines.
As banks are looking at such infrastructure as ancillary assets, wanting to focus on core activity, they're reluctant to commit their resources here, throwing space open for other players.
Air India and Jet Airways flew tonnes of fresh flowers to Europe in the last 10-12 days, though their uplift is much less compared to rival carriers.
The Kumbh Mela is expected to draw close to 100 million visitors in all, including pilgrims, politicians, celebrities and corporate leaders, from around the world.
Etihad will be able to carve out a strong niche in the Indian market.
Jet's flights to Abu Dhabi could be used to carry passengers from India headed for the US and Europe.
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