While full service carriers (such as Jet Airways, Kingfisher Airlines and Air Sahara) offer food onboard and personal attention, low-cost carriers (such as Air Deccan, SpiceJet and GoAir) do not offer many of these services.
Rival airlines expect Jet Airways to restore some "sanity" in the pricing of tickets after the acquisition of Air Sahara.
Acquiring Air Sahara will give Jet Airways the scale required to dominate the lucrative routes to West Asia and the United Kingdom.
Sources said the acquisition might be one of the biggest deals till date in the domestic shipbuilding industry. A comparable new shipyard would have cost Rs 200-250 crore.
The US-based private equity firm Texas Pacific group, among three others, is in talks with country's second largest airline Air Deccan for picking up a minority stake.
Reliance Industries, the country's largest private sector company, has decided to introduce employee stock options by the next quarter
Indus Air, a regional airline, has suspended operations from last week, just three months after its commercial launch.
Sources said the DGCA is reviewing tests by the US-based Federal Aviation Administration (FAA) and European Air Safety Agency (EASA) on mobile phone usage on board aircraft.
Road ministry proposes an amendment to Motor Vehicles Act.
Limited capacity addition this year despite burgeoning growth in international travel, easier visa norms for Europe and the US and huge cancellation charges have all led to an unprecedented seat shortage and an increase in ticket prices.
Slower fleet expansion, fewer new flights could end cheap travel option.
Come mid-April, India's largest private airline, Jet Airways, will don a fresh look. The Naresh Goyal-promoted airline will have fresh internal and external livery for aircraft to reflect its new corporate image.
Sources said the company had already applied for a licence to produce defence products.
For the first time in its history, state-run carrier Air-India will sell its six Airbus A310-300 aircraft to a European bank and lease them back to its fleet for operations, in a sale-and-lease back deal.
Thanks to the entry of global giants into the retail space and a resurgence in manufacturing, the international logistics majors are now busy in acquiring middle level Indian logistics companies to have their presence in the country.
Bartending is an art that also pays very well. A bar tender on an average earns anywhere between Rs 500,000 to Rs 900,000 in India.
French aerospace and defence major Safran may team up with the state-run Defence Research and Development Organisation for indigenously developing an unmanned aerial vehicle project at a cost of over $1 billion.
For harried passengers flying peak hours from metros, no respite from delayed flights and landings is in sight.
Air-India, which had placed a $7.2 billion order for 68 Boeing planes, has set up an internal committee to consider new aircraft acquisitions.
Even as the government is aiming at creating an airline behemoth to take on Asian tigers such as Singapore Airlines and Thai Airways, the merged Air-India and Indian Airlines entity will not dominate even the Indian skies.
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