Lessor market sources said with the fuel prices remaining high, IndiGo would get better rates for the fuel-efficient A320neos.
Airlines have opposed the rules that make it compulsory for them to pay compensation to passengers in case a flight is delayed by more than four hours
In 2017, 60 million passengers flew between India and the UAE, the largest overseas air travel market from India.
The biometric entry will take place with the consent of the passenger and the present system of check-in will also co-exist.
The centre eyes airport-specific digital solution and ties up with start-ups to solve problem unique to BIAL
The geared turbofan, a step-change in the efficiency of turbines for commercial aircraft, has been hit by a slew of design flaws that have grounded planes, delayed deliveries and prompted millions of dollars in compensation claims.
The market, however, reacted negatively to SpiceJet's announcement and the company's stock dropped by 0.87 per cent as analysts became wary of diversion into a new business during a high fuel price environment.
'A growing segment wants to fly Vistara but may not be really ready to pay for certain products that come with a full-service carrier. That is a large segment and we can't ignore it,' says CEO Leslie Thng.
Last year, Jet Airways and Air France-KLM signed an enhanced cooperation agreement' for the development of their operations between Europe and India
To make space for the extra row, Vistara has opted for the smartLav concept offered by Airbus
If all goes well, from December, drones can be used for purpose like mapping, surveying and photography, which till now was illegal due to absence of any guidelines.
Airline told to transfer non-core assets, subsidiaries to special purpose vehicle
'Boeing has returned some cash to the airline which will help it improve the current liquidity crisis.'
'Kerala isn't as dependent on agriculture like Bihar or Odisha or even other southern states.' 'Economic losses would not be too intense, unlike other states.' 'The floods could, at best, impact India Inc's earnings for a quarter or two.'
The ministry has also asked that the cap of such borrowings is to be set at $500 million (Rs 3,450 crore) for a single company and $1 billion (Rs 6,900 crore) for the entire sector.
At present, six A320 Neo of IndiGo & GoAir are grounded waiting for engine replacement
The airline is not convinced that it will have a sizeable passenger traffic to make wide body operations profitable
The charges for security component of passenger service fees will not increase much and a passenger may have to bear an extra of Rs 50
Airline to deploy around 50 planes in the next seven months
One thing is certain: The part-Goan, part-Malayali group CEO of Air Asia is not your usual boardroom CEO, and he cultivates the maverick businessman image, buying race car teams and football clubs and taking off-beat bets with his mentor and now buddy Richard Branson of Virgin.
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