On Thursday, all airlines (except for Air India) reduced fares on key domestic routes such as Delhi-Mumbai, Delhi-Bengaluru, Mumbai-Bengaluru, among others.
In the India-US sector, for instance, Air India operates 15 stopover flights between Mumbai and Chicago, and Mumbai and New York
The ministry of corporate affairs has raised questions on Etihad's rights to nominate three directors on the board and, despite being a minority shareholder in the company, decide on the vice-chairman.
The complaint was lodged by Mumbai-based Express Industry Council of India, which represented major express courier and cargo companies such as DTDC, Aramex India, Blue Dart, DHL Express, GATI and First Flight.
In a meeting with stakeholders last week, the authority mooted setting up a Special Purpose Vehicle along with airlines and state-owned oil marketing companies to develop common infrastructure to import ATF, among others, at Chennai and Kolkata airports. While AAI and OMCs will hold 76 per cent in the proposed SPV, the airlines will participate in the remaining 24 per cent equity.
Airlines likely to be allowed to operate with smaller aircraft.
Unlike Air India and Jet Airways, which have revised downwards free check-in baggage allowance on domestic flights, GoAir has made provisions for pre-purchasing excess baggage limits.
Jet Airways would have four directors on the board; there would be seven independent directors as well.
IDBI Bank, SBI, ONGC & PFC show interest in carrier's central Delhi land. Proceeds from the asset sale would be used to clear the government-owned airline's debt.
At present, Air India offers eight first class, 35 business class and 195 economy class seats in its Boeing 777 200-LRs.
It has sought the permission of the Foreign Investment Promotion Board to start single-brand retail outlets.
Air India's earnings of one-two per cent of total air cargo business of Rs 900 crore per annum is almost negligible.
IndiGo passengers, according to travel agents, would be given the option of pre-booking the services on the internet, or just walking into the lounge with their boarding passes, to avail of the facility.
Significant market size in these countries would help in biz expansion
Ministry caps number of flights out of Delhi, Mumbai.
The move could be aimed at increasing penetration in emerging markets.
A law graduate from Osaka University, Ayukawa has been associated with Suzuki Motor for over three decades.
Indian arm has cash reserves of Rs 7,000 crore, which might come in handy to set up plants around the world.
Workers at utility vehicle major Mahindra & Mahindra's Nashik facility on Tuesday issuing a notice to the management to go on strike on or after March 11, if their demands for higher wages were not settled by the company.
The programme being outlined under the aegis of the ministry of heavy industries and public enterprises is part of the National Electric Mobility Mission Plan 2020.
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