The 2022-23 (FY23) January-March quarter performance of the country's largest listed paint companies was better than Street expectations. Asian Paints, Berger Paints, and Kansai Nerolac Paints (Kansai Nerolac) registered double-digit revenue growth, compared with the year-ago quarter, reinforced by strong volume/value growth. Falling raw material prices also helped the paint majors hoist their gross margins.
Ten years after Kingfisher Airlines was grounded, its former employees continue to wait for their dues. On Monday, the Supreme Court awarded a four-month sentence to the grounded airline's flamboyant owner Vijay Mallya in a contempt case. The apex court also ordered him to deposit $40 million plus interest in four weeks to avoid attachment of his properties.
On Thursday, Virgin Atlantic, for instance, cancelled its morning flight between London and Delhi. And Air India rescheduled its London-Ahmedabad flight by several hours. With the Heathrow restrictions to remain in place till September 11, air traffic between India and London is likely to see slower growth over the next two months.
Etihad is the fourth airline to operate the super jumbo aircraft to India.
The dividends for the economy from such a rapid rise in capital expenditure would be huge, observes A K Bhattacharya.
At present, it operates A380 on the Delhi and Mumbai routes.
SpiceJet, India's second-largest private airline, kicked off the process of hiving off its logistics business to its subsidiary SpiceXpress as it looks to raise much-needed capital. On Tuesday, the company sought its shareholders' approval to complete the process and to raise up to Rs 2,500 crore via a qualified institutions placement (QIP). It is in talks with multiple private equity investors as it tries to sell shares in the logistics arm to raise money.
After Singapore Airlines and Emirates, German carrier Lufthansa on Saturday launched daily services of its super jumbo Airbus A-380s between Delhi and Frankfurt.
'The pay cuts have been very tough on those with entire families to support.'
The airline plans to deploy A380 to Mumbai instead.
Ajit Singh says will seek cabinet nod to scrap 5-year, 20 aircraft rule.
The proposed new airport will have five runways which will be simultaneously operational, all A380-compatible with a length of 4.5 km each
With introduction of double-decked Airbus A380, the whole first class space has undergone transformation.
Analysts remain sceptical on the profitability from freighter business, saying that once normal air transport resumes and there's abundant belly capacity, the traditional economics of air cargo may not be that lucrative.
Prithviraj Chavan will inaugurate the elevated road linking the western express highway to T2 on Wednesday morning.
More than 400 people on board a Singapore Airlines Airbus A380 superjumbo from Singapore to Mumbai had a narrow escape after it was hit by a sudden turbulence on descent, injuring 22 passengers and crew.
The still versions of the campaign will appear in print and digital.
The aircraft maker expressed support to Modi's 'Make in India' initiative
In a down economy, Qantas starts service of its perk-filled A380 aircraft.
On Indian routes, Air France, British Airways and Virgin Atlantic are offering premium economy seating
The 550-seater A-380, which will enter airline service from 2006, is billed to be the largest aircraft in the world.
Delhi and Mumbai may have made hasty temporary arrangements for the mammoth two-decker Airbus A380s to land exhibition flights earlier this year. But it is Hyderabad that will have south Asia's first A380-compatible airport, which begins commercial operations on March 16, 2008.
Industry sources say the demand for premium traffic on the route has shown a dip over the last few years and yields too have fallen.
The decision cuts the order book for the European company's newest jet, which is due to enter service in around six months' time, by around 10 per cent.
With the increase in number of private airlines in the Indian skies, aircraft manufacturer Airbus Industrie expects demand for planes to grow to about 800-1,000, including about 40 of its super jumbo A-380s, in the next two decades.
Delhi is the second Indian destination after Bengaluru.
Singapore Airlines bagged the first position for 17th year in a row.
Alwaleed bin Talal is reportedly spending $500 million on a fully customised A380 from Airbus.
Aluminium has one third the weight of steel and is highly malleable and elastic.
The Paris Air Show has been one of the best aviation events for over 100 years.
Overall, with an above world average traffic growth rate of 5.5 per cent, Asia-Pacific will account for 36 per cent of all new passenger aircraft demand
Police confirmed the gunman had committed suicide by setting himself on fire in one of the hotel guest rooms.
The double-decker plane, flight QF32 bound for Sydney from Singapore, was carrying 433 passengers and 26 crew when it ran into trouble shortly after take-off and had to return to the city-state's Changi Airport leaving a trail of smoke
The airline, which currently has about 900 employees working for it in India, is also looking to hire more.
The runways are expected to be made operational for the larger aircraft before the Commonwealth Games in October.
'After living in a country with hazy skies and a billion people, it is breathtaking when the sky is blue, the air crisply clean and there is drinking water in the taps. And, joy of joys, hardly any people.'
This year the Pitru Paksha fortnight runs from September 9-24 and will end with the start of Navratri.
Starting with a minuscule 0.07 per cent share of the market, Kingfisher soared to 7.7 per cent after 12 months and 10.6 per cent in April this year.
The Aviation City's strategic location within the Al Maktoum International Airport will give potential investors an advantage to reach regional and international clients alike. The Aviation City's strategic location within the Al Maktoum International Airport will give potential investors an advantage to reach regional and international clients alike.
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