The air carrier, which currently operates 47 flights a week, is also planning to tie up with a credit card service provider to integrate the Miles and More programme.
Ratifying the convention would help Indian carriers save over $200 million in aircraft acquisition costs in the short term and over $1 billion in the long term.
Singapore-based PSA International, which operates a container terminal at Tuticorin Port in South India, has reduced its annual handling capacity by 20 per cent on the grounds that its current tariffs are not commercially viable.
Union Civil Aviation Minister Praful Patel's dream to make Indian airports an international aviation hub may have to wait.
There is no denying that the India-US sector is one of the hottest routes for airlines both from India and the United States
Lufthansa's route planning follows the traffic streams from or to India, which will connect Europe and North America, says Werner Heesen, director (South Asia), Lufthansa.
After merging domestic carrier Indian Airlines with itself, state-owned airline Air-India is keen on creating a hub in Germany for wider international presence.
International budget airlines are vying with each other to offer you the cheapest deals.
Lufthansa Technik, a leading aircraft maintenance, repair and overhaul major, is also planning to set up a regional component pool in India to support the existing customers.
Jet is believed to be in talks with leading private equity players.
The estimated value of these two firms is around Rs 200 crore.
JetLite is the new brand name of Lucknow-based airline Air Sahara after Jet Airways acquired it for Rs 1,450 crore in April this year.
International oil and gas giant Royal Dutch Shell is all set to foray into distribution of Aviation Turbine Fuel, fuel for airplanes.
Thiagarajan, who had primarily restricted his aviation activities to south India, is now locating stars of fortune in western and central India for possible acquisitions
Alliance Air, the feeder subsidiary of Indian Airlines, may fly Russian defence aerospace major Sukhoi's new civilian jet to connect regional locations in the country.
The potential entrants include the Essar Group, Punj Lloyd, Larsen & Toubro, real estate developer Atlanta, Hyderabad-based Nagarjuna Construction and Delhi-based DS Constructions.
The Cochin International Airport (CIAL), the first international airport in the country outside the ambit of the union government, is planning to launch a dedicated international cargo airline service.
Sources close to the development said the group will shortly take a decision on the business, which has seen interest from large houses like the Tatas and the Ambanis.
Govt to buy simulators; Kingfisher may place large orders for aircraft.
National carrier Air India, which will soon be merged with Indian Airlines, may partner Cochin International Airport for setting up an airframe maintenance, repair and overhaul facility near the Kochi airport, Kerala.
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