'A formula can be reached so that everyone gets a fair share.'
Those who book tickets at discounted fares but later decide to check-in luggage would have to pay a fee.
SpiceJet had rolled out a scheme offering a discount of Rs 200 to every passenger who books a flight with only one handbag and no check-in baggage.
NCLT in its judgement said: "The removal of Cyrus Mistry as executive chairperson was because the board lost confidence and not because they were contemplating that he would cause discomfort to Ratan Tata, N Soonawala and others.' "The Board is competent to remove an executive chairman. Mr Mistry's removal from the position of director came because he admittedly sent out company information to the I-T (department), press, and came out in public against the board and the trust."
Jet Airways, part-owned by Abu Dhabi's Etihad, reported its biggest-ever quarterly loss as costs jumped and it took a charge on its investment in a subsidiary.
It already works with Chinese smartphone maker Xiaomi, online shopping giant Alibaba Group , white goods producer Qingdao Haier and flag carrier Air China to target customers abroad.
Key events that rocked India Inc in 2014 and one of them is Vishal Sikka taking over reins at Infosys.
The national carrier has sought dry-leasing these planes for six years instead of buying them, as part of its Turnaround and Financial Restructuring Plans, airline sources said.
The Foreign Investment Promotion Board (FIPB) on Friday deferred a decision on Rs 2,000-crore (Rs 20 billion) Jet-Etihad deal, the largest foreign investment in the Indian aviation sector, and sought clarity on control and ownership.
Domestic airlines witnessed 10 per cent rise in sales in 2014.
IndiGo was set up in 2006 by businessman Rahul Bhatia and Rakesh Gangwal, a former CEO for US Airways Group.
The Supreme Court on Friday made it clear that it would quash the Jet-Etihad Airways deal if there are any irregularities in it.
Vistara has poor load factors currently, it needs to bring down fares a bit to improve flight occupancy.
Vistara has fine-tuned strategies to tap the elite class and Jet Airways may lose out on market share in times to come.
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The proposal of Tatas and Singapore Airlines for a new joint venture, entailing foreign investment of $49 million, is likely to come up before the Foreign Investment Promotion Board for approval on October 18.
Singapore Airline along with its Indian JV partner have got clearance from the aviation ministry.
Aviation regulators says airlines are free to fix fares.
It offers fares as low as Rs 1,499 for a one-way journey.
Latter's market share rises to 36.1% in Dec; best on-time performance across metro airports
We bring you a collection of some of the best photographs taken last week by ace Reuters photogs.
Qatar Airways is keen to buy equity in IndiGo if the Indian carrier offers 49 per cent stake to it, a top official has said as he sought the opening up of the Indian aviation market for established airline companies.
The superstar's much-awaited film Kabali is set to release on July 22.
The year gone by saw the high and mighty of the corporate world face the music in the Delhi High Court which held that the telecom majors are amenable to CAG audit and Mukesh Ambani's RIL struggling hard to get rid of an FIR lodged on gas pricing by the 49-day-old AAP regime.
The airline re-built the flight schedule and refunded passengers.
Anjuli Bhargava's musings on why the national carrier is well beyond a turnaround.
Mukund Rajan, who worked closely with Ratan Tata, recalls the unique experience of working with the corporate titan.
Singapore Airlines has given new brand names to two carriers it controls - SilkAir (short-haul) and Scoot (low-cost, long-haul.
According to sources, Vistara was looking at commencing operations on Oct 15 to commemorate J R D Tata's flight from Karachi to Mumbai on the same date in 1932.
Air India's home market share has fallen from 19.8% in January to 18% in July.
Here's a collection of some of the best photos from around the world shot in the last 24 hours.
Foreign carriers to pick up staff from cash-strapped SpiceJet.
Investment bankers handling the IPO had said marquee global investors made big-ticket applications.
As per information available with the Corporate Affairs Ministry, the new company was incorporated on November 5 with a total paid up capital of Rs 500,000 and has been registered in New Delhi.
The airline would be accepting the bids till November 19.
The first set of routes that it will launch internationally will be the routes that can be flown by its existing aircraft, the A320s, which will be routes within three, three-and-a-half hours of India
We bring you a collection of some of the best photographs taken this week by Reuters photographers.
'IndiGo 2018 is a harsh, ultra-lean, mean, zero asset, fighting machine with aspirations of taking on the global long-haul low-cost market.'
Vistara'a launch, the steel plant at Kalinganagar and e-commerce venture are the ones most awaited for
More than the revenue component, the movies gain hugely in terms of visibility and reach, reports T E Narasimhan.
As millions of passengers stream through Malaysia's Kuala Lumpur International Airport, heading off on holidays or returning home to loving families, all Hassan Al Kontar can do is watch. And wait. Stuck at the airport since March 7, 2018 that's all Kontar has been able to do. The airport has become his home. And for all those who wonder what it must be like to live at an airport, the stranded 36-year-old tells us via Twitter exactly what his story is and what's happening to him.
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