He still owes hundreds of crores to OMCs.
The flavour seems to be offering a unique experience for the traveller.
The main reason for setting up the facility is to avoid sending airframe maintenance work abroad and perform this labour intensive work at a comparatively lower cost in India.
Tour operators are recognising the enhanced tourist interest in this segment and offering tour packages -- to Malaysia and Kenya, for instance -- that give a chance to interact with the tribes.
Industry sources peg the IPO figure at $50-80 million (Rs 230-370 crore).
Suvidhaa has 22,000 outlets in 500 cities and towns and has plans of taking it to 100,000 outlets in the next two years, maintaining a balance between metro and rural areas.
Analysts say this is a reflection of the high debt that most aviation companies have on their books. "Aviation companies are unable to pay their dues because they are into losses.
The construction of this hotel has been deferred by four years.
G V Krishna Reddy, Chairman, talks to Business Standard about his plans.
The compensation could be between Rs 2000-4000 or the value of the ticket, whichever is lesser, and should be paid within a stipulated time frame.
Sun Network chairman Kalanithi Maran and his company, Kal Airways Pvt Ltd, which was incorporated on May 6, are the acquirers of the airline.
Football enthusiasts are travelling to South Africa in high numbers to watch the Fdration Internationale de Football Association World Cup 2010, regardless of the expensive nature of the destination. Travel agents have seen a jump in the bookings for the World Cup period from 10 to 60 per cent.
The airline industry, one of the major contributors of CO2 emissions, has been doing its bit for a better world environment by investing in research on alternative energy sources.
Axel Hilgers, Director, South Asia speaks to Business Standard.
While techniques of handling air turbulence are crucial, a pilot from a major airline said the training provided isn't enough.
Air Asia's difference approach has been developing a portfolio first. We were the first airline to fly to Trichy and then after going to newer and uncharted markets.
Sky marshals could soon be grounded if some private airlines keep dawdling over the former's maintenance.
In what may come as a relief for airline companies, the number of domestic air travellers between January and March showed a healthy increase over the same period a year ago, when the industry was feeling the heat of the global recession.
The Delhi, Mumbai, Chennai and Kolkata airports can issue this visa.
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