National Aviation Company, the name of the proposed merged entity of Air India and Indian Airlines, plans to launch a value carrier to take on the challenge from JetLite and Air Deccan.
Telekom Malaysia which already holds over 49 per cent equity stake (which it bought for over Rs 730 crore in Spice has been looking at expanding its base in India beyond just the two circles.
Around four months ago, GoAir had returned two aircraft to lessors as a part of its "dynamic fleet strategy" that involved inducting more aircraft in the peak season and letting go in the lean season.
Holding company proposed with different businesses as divisions.
GoAir reluctant to respond to overtures.
Liquor baron Vijay Mallya, who acquired 26 per cent stake in the country's largest budget carrier, Air Deccan, for Rs 550 crore (Rs 5.5 billion) on May 31, is still in high spirits.
Although industry analysts are welcoming Kingfisher Airlines' stake acquisition in Air Deccan as the right move towards consolidation
Kingfisher Airlines Executive Vice-President Hitesh Patel said Kingfisher was interested in flying Gulf and south-eastern destinations, if the government permitted.
Come June, Air India will mark its re-entry into international air cargo operations.
Deccan Aviation, which operates the country's largest budget carrier Air Deccan, will make a preferential allotment to investors to raise $75-100 million for its expansion plans.
Sources said one would have to reinforce the building foundation to adjust the weight of helipad and helicopter if helibase is built on rooftop with concrete.
Union Communications and IT Minister A Raja has expressed his interest in bringing down national roaming rates to zero, further cutting international roaming rates and favouring technology neutrality in the country.
Nareshchandra Singh, an IT analyst with global research and analyst firm Gartner, takes only a few seconds to reach his office from home.
Eastern India, which has not been too well connected with the rest of the country, is now on the radar of airline operators.
There is a prospect of a 5-10 per cent drop in fares.
With monsoons round the corner, the airlines are busy announcing monsoon offers to woo passengers to travel during the rainy season, which is considered as the lean period for air travel.
The university will house a fully equipped pilot training centre.
An acquisition by Tata AutoComp may cost $1.5-2 bn.
Russian defence aerospace major Sukhoi is close to bagging its first civilian Indian client with its regional 60- to 90-seater jet Sukhoi Superjet 100.
The department of telecommunications has referred the issue of using multiple technologies under a single unified access services licence to the Telecom Regulatory Authority of India.
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