This will make buying tickets on airlines' websites cheaper as it will not include the transaction fee.
The recent equity market weakness has sobered up investor mood, but the coming festive season is keeping analysts upbeat on stocks related to the consumption basket. Among the lot, fast-moving consumer goods (FMCG), retail, and consumer electronics segments are expected to do well over the next few months, and investors should thus selectively take bets in these pockets, analysts suggest. "We expect good volume growth for the FMCG sector during the festive season with some improvement in rural demand.
In a move that signals a fresh round of consolidation in the recession-hit aviation industry, budget carrier SpiceJet may pick 7.5 per cent stake in another low-cost airline IndiGo.
Low cost air-carrier IndiGo has flagged off its maiden foray into the international market.
Under the new policy, external advice would be sought for related party transactions that are worth over Rs 2 crore and bidding process would be mandatory for any such contract.
This is the biggest IPO in the Indian market since Bharti Infratel's over Rs 4,000 crore public offer in December 2012.
Will build on its existing strengths. Plans to include more fuel-efficient A-320 N and offer better connectivity.
Employees of Go First, which has filed for bankruptcy, hope that the airline will fly out of the crisis with government support but some are already scouting for work. Some Go First pilots have joined airlines in West Asia in recent weeks and others have approached IndiGo, India's largest domestic airline. Calls to IndiGo's human resources and operations department increased after Go First said on Tuesday it will suspend flights for three days starting May 3, sources said.
Market leader IndiGo on Friday followed its rivals and raised fares by 25 per cent to offset the impact of rupee fall and spike in international crude prices.
Corporate margins and profits in India remain vulnerable to changes in crude oil prices in the international market. Historical quarterly data from listed companies (excluding banks, finance and insurance, oil and gas, and power sectors) indicate an adverse correlation between corporate margins and crude oil prices.
'No doubt such a great human being, so humble and down to earth person.'
InterGlobe Enterprises on Thursday said it along with Archer Aviation plans to launch an all-electric air taxi service across India in 2026. Once launched, the InterGlobe-Archer flight will aim to take passengers from Connaught Place in the national capital to Gurugram in Haryana in approximately 7 minutes whereas by road, the 27-kilometre-long trip will take 60-90 minutes, according to a release. Both companies have entered into a Memorandum of Understanding (MoU) with the goal of partnering to launch and operate an all-electric air taxi service in India, subject to appropriate regulatory approvals and clearances.
Air Deccan, which was renamed Simplifly Deccan after the merger with Kingfisher last year, is now called Kingfisher Red. According to the data released by the civil aviation ministry on Thursday, IndiGo's market share is 10.3 per cent, while that of Air Deccan trailed behind at 10.2 per cent.
The plane made an emergency landing at the Bhopal airport, Bhopal police commissioner Harinarayan Chari Mishra told PTI.
No IndiGo flights will be available on the Mumbai-Bangkok route from March.
Spicejet receives maximum complaints regarding refunds
As per the current policy, 100 per cent foreign investment is allowed in scheduled air transport service, domestic scheduled passenger airlines and regional air transport
Finally the winter sun was streaming through the airplane's window, shining gloriously above the thick, frothy blanket of fog.
In 2011, the Gurgaon-based airline placed an order of 180 narrow-body Airbus aircraft, including 150 fuel efficient A320neo and 30 A320s.
As the festival of colours draws near, here's a row of fashionable looks inspired by the hues of Holi.
The Aircraft Acquisition Committee of the civil aviation ministry, which approved the IndiGo request in principle, also gave similar approval to a proposal of the Chennai-based business class airline Paramount Airways to acquire 10 aircraft from the Canadian aircraft manufacturer Bombardier and European ATR, official sources said.
If all 102 grounded planes could fly, there will theoretically be 400 more Delhi-Mumbai flights every day.
With low-visibility conditions significantly disrupting flight operations at the Delhi airport, Civil Aviation Minister Jyotiraditya Scindia on Monday said all stakeholders are working round-the-clock to minimise fog-related impact as well as passenger inconvenience, and asserted that unruly passenger behaviour is unacceptable.
Calculations based on the latest marketshare figures released by the ministry of civil aviation show that while a merger with GoAir or its acquisition would give SpiceJet a marketshare of 15 per cent, a merger with IndiGo would give it a hold over more than a quarter of the market. SpiceJet's current market share stands at 12 per cent.
IndiGo gained a market share of 14.7 per cent, closely followed by Kingfisher Red at 13.3 per cent whereas Kingfisher slipped two notches to the fifth position at 11.6 per cent. Kingfisher stood at No.3 in October, followed by Kingfisher Red and IndiGo at fourth and fifth, respectively.
There will be work today, there will be work tomorrow, there will be work the day after, but nothing will make up for the eternal regret of not seeing a friend when he was dying.
Ghosh said the Tata Trusts Cancer Care Initiative is one of the largest health care programmes in the world
The first Indian civil aviation minister to fly for a commercial airline -- Rajiv Gandhi has been the only prime minister to do so -- Rudy started his job with IndiGo from January 4.
Former Civil Aviation Minister and Bharatiya Janata Party (BJP) national spokesman Rajiv Pratap Rudy has been hired as a co-pilot with Delhi-based private airline IndiGo Airlines on an honorary basis.
During the January-July period, passenger growth jumped 21.13 per cent to 455.78 lakh.
Indian airlines flew over 4.5 per cent more passengers in the 11 months of this year compared to the same period last year, with IndiGo retaining its top position in market share.
Akasa Air's plane occupancy, or load factor, improved the most among all major carriers in April compared to the last month. Load factor signifies the percentage of seats that the airline has been able to fill in its planes. The Vinay Dube-led carrier, which started commercial flights in August last year, saw its load factor jump by more than 11 per cent in April, according to the Ministry of Civil Aviation's data
In a bid to cash in on upcoming summer holiday season, low-cost carriers SpiceJet and IndiGo on Tuesday launched the fourth round of price war in the bleeding aviation sector, offering massive discounts on tickets.
The flights between Dubai and New Delhi will begin in September and those connecting Mumbai a month later.
Sources say the arilines has inducted a senior pilot from IndiGo to head its safety team.
Indian airline Go First is considering legal action against Pratt and Whitney (PW) for failing to provide compensation after March 2020 for planes grounded due to engine supply delays, sources said on Thursday. About 90 per cent of the airline's fleet of aircraft uses PW engines. About 24 of the airline's 55 planes are grounded due to delays in engine supply by PW.
IndiGo will add Nagpur to its flight map from October 20 with daily flight to Mumbai and Kolkata.
The fare war triggered by the entry of AirAsia into the domestic market continues as the budget carrier IndiGo has launched another round of promotional fares, starting at Rs 1,724 (all inclusive) for a limited period.
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