But the Abu Dhabi-based airline would first bolster its own network with traffic from India before Jet's turnaround.
Company to focus on manufacturing & distribution.
The transformer factory in Canada contributes about three per cent to the company's total sales.
Acquisitions, slowdown put infra major in a spot, with bankers okaying debt restructuring.
.jpg)
The new push is being driven primarily by over 170,000 villages where household income is over Rs 1 lakh a year.
This is an effect of general slackening in economic growth; however, this is not true of digital media, where business is booming.
Though a formal purchase agreement with Boeing is yet to be signed, SpiceJet's order size could be of 40-50 planes, a source familiar with the development said. At list price, a 737 Max aircraft is valued at about $100 million (Rs 620 crore).
Under the hybrid-till model, a portion of non-aeronautical revenue (commercial revenue) at the airport is taken into consideration while fixing the landing and parking charges, user fees and other aeronautical charges.
This optimism is triggered by the feel-good factor in the wake of the Sensex touching record-high levels last week and a slew of discount offers by airlines to boost travel demand.
Airline's auditor attributes profit to changes in accounting system; GoAir says full disclosure made and auditor's note is unqualified
Importers protest as food safety regulator demands adherence to recent law on labelling, blocks entry at ports for packs with stickers.
In its latest transition, the company will also double up as an investment vehicle.
Chocolate majors, home and surface cleaning companies, beauty brands say that business has been brisk this festive season.
Qatar Airways might infuse $200 million in debt and equity in SpiceJet.
Etihad earns about 23 per cent of its passenger revenue from code-share and equity partners, and this would increase after its tie-up with Jet.
Chartered flights may increase 34% from last year as more Russian tourists come calling.
Though the Mumbai and Delhi airports still rule the domestic aviation market, the share of the two in overall traffic is falling. In 2006-07, the two airports collectively handled 40.6 per cent of all domestic passengers; in 2012-13, their share fell to 37 per cent.
In 2011, RB and TTK had dragged each other to court over TTK-LIG, the joint venture set up for manufacturing condoms.
Though public shareholding in Jet is already down to the mandated 25 per cent, the regulator wants its promoters to pare their stake further.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances