In a bid to slash costs, Air India has hedged 10,000 barrels of jet fuel for its aircraft this month, four weeks after its Board gave a nod to the move.
With a debt of several thousand crore rupees, there's no chance the government can attract any buyer unless it cleans up the balance sheet, says Anjuli Bhargava.
The stock of Bharat Electronics (BEL) has risen 10 per cent over the past seven to eight trading sessions, driven by order wins that improve revenue visibility. The gains mark a reversal of a declining trend in its stock price between early July and late August, during which the scrip fell over 13 per cent.
Admirer of Tendulkar, inspired by Pandya, UAE's Alishan Sharafu ready for India challenge in Asia Cup
'What must the Indian Air Force pilots -- who destroyed terror bases in Pakistan using BrahMos missiles' -- be thinking?'
The best course for the government at this time would be to tighten the seat belt a little more, without compromising on its investments in creating better infrastructure and giving a push to privatisation, points out A K Bhattacharya.
The Indian Army's Air Defence units successfully shot down multiple Kamikaze drones launched by Pakistan after they crossed the International Border in Punjab's Amritsar early Saturday morning. The drones, identified as Byker YIHA III models, were carrying high-explosive payloads and were headed towards densely populated civilian areas. The incident highlights the efficiency of India's multi-layered air-defence system.
"Some didn't make it to important lectures. Others lost precious vacation days. And a few worried they would miss once-in-a-lifetime family events."
India bag double podium finish in 10M air rifle mixed team event at junior shooting WC
Following a significant power outage, operations at the London Heathrow (LHR) have been suspended till 2359 hours (local time) on March 21 (05.30 am March 22, IST).
The pilots have been "derostered" pending investigation, Air India Express later said in a statement.
It is the first airport in the country to have multi-modal connectivity. This includes a linkage to the project via road, rail, and a metro system.
'I wasn't just racing, I was paving the way for others.'
Pilot groups have accused the AAIB of portraying the pilots as responsible for the incident, with vague and selective presentation of cockpit conversations.
'A few answers for the reason of the crash will be known -- whether it was a technical fault, design issue, human error etc.'
Air India has come up with a "gift" this marriage session - 'Shagun Vouchers'.
The claims will include three kinds of liabilities: Damage to the aircraft; loss of lives who were aboard the aircraft; including the crew members; and third-party liability because of loss of lives where the aircraft crashed; and cargo liability.
Tourists hesitant to visit America due to frequent policy changes there.
A differently-abled woman flyer has alleged she had to "crawl" to the passenger coach after deboarding an Air India plane as the carrier failed to arrange a wheel chair for her due to "security" reasons, a charge denied by the airline.
Air India pilots and crew often play musical chairs, leading to a substantial revenue loss for the airline in an inefficiently managed set-up
With only a few days to go before the country celebrates Holi, several airline companies offered discounts on fares on the occasion of the festival of colours. While two airlines are providing discounts on both domestic and international networks, another has the offer only for the domestic sector. Low-cost airline Akasa Air said it is offering an all-inclusive one-way fare starting at Rs 1,499 on domestic routes.
'She was brave. She didn't care a hoot. And India was not the strongest of nations as it is now.'
'She was brave. She didn't care a hoot. And India was not the strongest of nations as it is now.'
Last year, Air India replaced veg and non-veg sandwiches with veg hot meals on flights
Air India Chairman Rajiv Bansal has been appointed as the new aviation secretary as part of a major top-level bureaucratic reshuffle effected by the Centre on Wednesday. K Rajaraman, additional secretary in the department of economic affairs, has been appointed as secretary, department of telecommunications, a personnel ministry order said.
'... when the process isn't transparent, people will naturally raise questions. 'The AAIB's own press release says they had the black boxes by June 16.' 'Why wasn't decoding initiated until the 24th? What were they waiting for?'
A selfie taken by Dr Prateek Joshi onboard the flight, showing the smiling family, has gone viral, capturing their excitement for the journey ahead.
Air India needs to up the ante in order to compete with rival carriers.
'They are in a very bad state. They have to be forced into eating.'
Air-India Ltd's board will discuss on April 3 whether the state-run long-haul carrier should place orders for 17 long-range aircraft from Boeing or Airbus, a spokesman for the airline said on Wednesday.
The 550-seater A-380, which will enter airline service from 2006, is billed to be the largest aircraft in the world.
India's strikes on Pakistan damaged runways and structures across at least six airfields, according to a visual analysis by The Washington Post, which experts said were the most significant attacks of their kind in decades of simmering conflict between the two nations.
However, all seats in the rear portion, including window, aisle and middle will remain free of charge
The airline expects seat occupancy of 77.7 per cent on domestic routes.
To reduce those not even meeting variable costs to 19% of network by March, from 38% five months ago.
IndiGo will start direct flights to a total of 10 international destinations, including London and Athens, in the current financial year, its CEO Pieter Elbers said on Friday. Other destinations include Amsterdam (the Netherlands), Manchester (the UK), Copenhagen (Denmark) Siem Reap (Cambodia) and four places in Central Asia.
India has recorded the second-highest increase in domestic airfares in the Asia-Pacific (APAC) and West Asian regions, climbing by 43 per cent in the first half of 2024 compared to pre-pandemic levels in 2019, second only to Vietnam (63 per cent). India ranks third in fare increases during the same period in international skies, behind the United Arab Emirates (UAE) and Malaysia. The airfare study conducted by Airports Council International (ACI), which represents 617 airports in this region, was done in partnership with Flare Aviation Consulting.
Air India's earnings of one-two per cent of total air cargo business of Rs 900 crore per annum is almost negligible.
The MoU is a separate agreement entered into with the ministry that is more broad-based.
The biggest challenge is not the airline's debt, but downsizing its 16,800 employees, says Surajeet Dasgupta.
