The airline has also inked a deal to take 12 A320s from Singapore's Tiger Airways on lease.
"The return fare on economy class to most European capitals from Mumbai are close to 50,000 plus. If an LCC can offer direct connectivity for a basic fare of 25,000 with additional top ups for meals, baggage and blankets, which further takes the fare to, say, 35,000, it is still a value deal."
The government has made clear that the Airports Authority of India will closely monitor the cost of airports built through the PPP route.
Airline says can't discuss dues publicly, denies grounding of planes
The carriers are scoffing at making the life of their competitors 'easier.
Provisioning for bad investments, finance costs shoot up in FY14.
Five decades ago, 87 plane crashes took away the lives of 1,597 people.
Mridula Dwivedi visited Krabi in Thailand and came back feeling blessed! :-) Here's why!
Looking to put money in aviation, infrastructure and also to reduce debt of group companies.
The airline dropped fares to gain customer load, but failed to cover the cost of its flights
Things don't seem to be good at low fare carrier SpiceJet's office. In past few months, its top rung officers have resigned over differences in opinion with the management.
Civil Aviation Secretary R N Choubey said on Friday there would be no compulsion on airlines.
In January this year, Tata Sons invested an additional Rs 2,500 crore (Rs 25 billion) in Tata Teleservices which was used to repay loans of the wireless telephony company.
India perhaps is the only market in the world where full-service and low-cost fares have become one.
Growing trade and commerce in the region could support passenger demand
IndiGo's passenger load factor, at 67% in July, fell six percentage points from the same month last year.
Konnect to be phased out as airline struggles to contain losses.
With over 200 brands and websites as participants this year, the Google Online Shopping Festival is turning bigger.
The inaugural flight took off in the presence of Minister of State for Civil Aviation, Mahesh Sharma, along with a number of other people.
An airline's birth is a result of passion and enterprise, often not without its challenges and ordeals. And, Tata-run airlines are no exception
The organisers of the much-anticipated Indian Premier League-style football league decided to defer the proposed tournament to September-November next year instead of early 2014.
The first to take off will be Air Pegasus, promoted by Bengaluru-based ground-handling firm Deccor Aviation.
A French doctor treating former Formula One champion Michael Schumacher said on Thursday that the German driver was making progress, but will need years to recover.
Airlines say ATF fuel prices in India are 40 per cent higher than in countries such as Singapore. Jharkhand, Chhattisgarh and Maharashtra
'The Tata group will need for its new leader to show the same foresight and willingness to go against conventional wisdom at times to keep the group's aspirations high and uphold the values of innovation, ethics, corporate responsibility, trust and leadership that are frequently associated with the Tata name.'
Air Carnival can make quick progress by stepping into the space that SpiceJet has left empty.
UK's largest retailer Tesco, Singapore Airlines and Etihad queued up to invest in India as a persistent UPA threw open more sectors to foreign investments with indications of more big ticket deals to be announced in the new year.
Lessors of SpiceJet have in panic taken back some aircraft but if they see fresh investors coming in and taking charge, they are likely to relent and return the planes.
About time the Tata companies that are owned by the public are freed from the clutches of Tata Sons, says Sudhir Bisht.
The sector requires proper implementation of policies, coupled with reasonable taxes and improved basic infrastructure.
Prabhat Kumar, who has been appointed as the DGCA chief three months ago, is taking steps to ensure safety of passengers.
Year 2013 saw business leaders facing the ire of hostile investigative agencies.
Chidambaram promises to maintain fiscal discipline; admits inflation is an issue.
The only two truly successful private airlines in India - Jet Airways and IndiGo - have been set up and run by people who knew the ins and outs of the trade well before they took to the skies.
These trips can be as short as a month to 45 days.
Life of air passengers was different in the 1970s.
A financial turnaround with the Etihad partnership and debt restructuring has not fully materialised.
The national carrier's market share has declined from a near-monopoly to 16.6 per cent as of September 2014.
Despite having started at least a decade later than Jet Airways, IndiGo accounts for the lion's share in the domestic market
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