Regulator believes Jet Airways deal triggers open offer
GVK Skycity's 20-million sq ft commercial space will be bigger than that in BKC; bids invited for first phase.
DGCA asks those likely to be affected by a scheduled air operator's permit to the airline to give suggestions, objections within 30 days.
For the past few years, Avigo has been in talks with many strategic players, including private equity investors, to sell its stake in Spykar.
But the Abu Dhabi-based airline would first bolster its own network with traffic from India before Jet's turnaround.
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.
According to industry estimates, the sector's revenue would increase eight-10 per cent in 2013-14, against 12 per cent in 2012-13.
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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
In its latest transition, the company will also double up as an investment vehicle.
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.
The rap from both the US and UK drug regulators, including the latest one from the latter, has hit the scrip.
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.
Though public shareholding in Jet is already down to the mandated 25 per cent, the regulator wants its promoters to pare their stake further.
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