Karnik was mandated to oversee commercial and sales functions of the airline. He took over from Hameed Ali, who joined the airline's board.
The civil aviation ministry received 20 applications and it granted NOCs to sixteen companies between 2009 till now
Seattle-based Amazon had considered debuting drone delivery services in Mumbai and Bangalore by Diwali this year
Airbus is now confident of crossing 1,000 net orders (excluding cancellations or conversions from previous orders) in 2014.
About 170 Airbus aircraft operate in India.
IndiGo's president Aditya Ghosh shares the growth plan.
AirAsia's rival airlines in India have kept themselves super-busy in the past few months -- by moving court against the former's launch, adding flights on the routes where AirAsia is operating, and engaging in a price war.
The CMD's focus on raising employee morale and cutting costs is paying off. The airline's operating losses have shrunk and earnings are looking up
A financial turnaround with the Etihad partnership and debt restructuring has not fully materialised.
Online travel portals have seen a surge in bookings aided by several rounds of discount offers and a strong demand over the festival weekend.
FAA had downgraded India's safety ranking from category-II from -I after an audit revealed deficiencies in regulatory oversight.
It has aircraft utilisation target of 16 hours as against the current 13 hours.
The company expects four to five per cent revenue growth from Star Alliance membership.
It may not have a bold design but it addresses the needs for comfortable and affordable commuting.
This year the Pitru Paksha fortnight runs from September 9-24 and will end with the start of Navratri.
Buoyed by strong sales, Maruti Suzuki, Hyundai and Honda have scaled up their annual targets, but others are still stuck in low gear
To reduce those not even meeting variable costs to 19% of network by March, from 38% five months ago.
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The state government's notification, which was issued earlier in the week, quoted the civil aviation ministry's letter urging quick rehabilitation of slum dwellers due to security threat.
Car makers are cautiously optimistic, even as two-wheeler firms are clearly upbeat.
Barra says GM is working on putting out the right products here because it will be difficult to make a mark globally without India.
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