The pilot-turned-airline owner and his partner Biraja Jena plan to launch FlyBig, which has secured 16 routes under the fourth phase of UDAN, the government's regional connectivity programme.
These purchases represent the third phase of Air India's 68-aircraft fleet renewal plan. EXIM Bank had earlier approved $1.2 billion in 2007 and $548.8 million in 2008 to support the financing of NACIL's purchases of Boeing aircraft.
Air India's entire European operations are carried out with Boeing Dreamliner planes.
The aircraft are scheduled to be delivered between October 2012 and December 2014 subject to regulatory approvals, the company said in a filing to Bombay Stock Exchange.
JetLite, which was acquired by Jet Airways for Rs 1,450 crore, is operating three of its seven Canadian-built Bombardier airplanes. JetLite has a total 24 aircraft, including Boeing B737s.
There are no Jet flights to and from Kolkata, Patna, Guwahati and other airports in the region. It also cancelled flights to London, Amsterdam and Paris from Mumbai, New Delhi and Bengaluru scheduled for April 12.
An official of the aviation regulator DGCA had said that the pilots aborted the take off after they were informed about a 'barrier' on the runway
The pilots of India's budget carrier SpiceJet would now be trained by flight training establishment of the Dubai carrier, Emirates.
Expanding its network in northern India, budget airlines Spicejet on Thursday launched its six-day a week service to Jammu and Srinagar.
In one of the biggest orders in recent times, European consortium Airbus Industrie has signed a contract to supply 40 A-320 aircraft to leading Asian low-cost carrier AirAsia, which has also taken the option for another 30 of these planes.
Sources said SpiceJet's deal with Boeing is worth around $1.4 billion as per the list price. When contacted, company officials, however, declined to comment on the valuation of the deal.
Indian Airlines has proposed to acquire 43 aircraft comprising A319, A320 and A321 for replacement of the ageing fleet of A300 and B737-200, government informed the Rajya Sabha on Tuesday.
Jet Airways on Tuesday said it would commence its daily direct service on the Chennai-Singapore sector from December 7, using next generation Boeing B737-800 aircraft.
The airfares are already 15 per cent higher than last season and due to this shortage it will go higher, said Sharat Dhall, COO of Yatra.com.
Expanding its international network, private carrier Air Sahara on Friday announced it would launch its Delhi-Singapore service on May 11 and the Chennai-Kuala Lumpur flight on June 15, with an introductory return fare of only Rs 10,000 on both secto
After Singapore Airlines and Emirates, German carrier Lufthansa on Saturday launched daily services of its super jumbo Airbus A-380s between Delhi and Frankfurt.
National carrier Air India has tied up with Deutsche Bank and the British lender Investec Bank to raise up to $500 million to take the delivery of five Boeing Dreamliners, according to airline sources.
Despite the gains from Jet's closure, in 2018 and 2019, the airline continued to make losses in many quarters for a variety of reasons, including some mistakes like taking on Jet's aircraft, which were not in great shape and had business class configuration, a gamble that did not work for SpiceJet.
A part of the proceeds will also be used for operational requirements, sources said in Mumbai. The carrier has already taken the delivery of 11 Dreamliners and three more are expected to join the fleet by March of next year.
Beleaguered no-frills carrier SpiceJet on Monday approached the government for financial aid.
Airbus is now confident of crossing 1,000 net orders (excluding cancellations or conversions from previous orders) in 2014.
SpiceJet has reported profit in Q1, it is trying its best to improve efficiencies in FY16.
The accident occurred at 7:45 pm while the pilot was attempting to land the B737 Air India Express from Dubai at the tabletop runway of the Karipur International Airport.
The secret behind Singh's success was that he mostly set about undoing all the mistakes made by the Marans, points out Anjuli Bhargava.
SpiceJet has been most affected by the grounding of 737 Max 8 aircraft as it has 12 of them in its fleet.
SpiceJet strts trimming workforce.
Jet Airways -- which has been flying for 25 years - on Friday described reports that the airline cannot fly beyond 60 days as "incorrect and malicious" as well as denied any talks of stake sale.
Latter's market share rises to 36.1% in Dec; best on-time performance across metro airports
Last week, the carrier had asked about 60 pilots who had resigned to leave after serving only half the six-month notice period.
Old-timers say Jet boss Naresh Goyal, although still razor sharp, doesn't have the same energy he once did and this reflects in his 'baby'.
The airline management has now sought a meeting with civil aviation minister Ashok Gajapathi Raju to present the airline's plan.
The court order could put SpiceJet's revival plan under stress.
DGCA sources pegged SpiceJet's total dues at Rs 1,600 crore (Rs 16 billion), which the airline owes lessors, vendors, income-tax department and airport operators.
Some lessors have even taken the airline to court.
Concerned about the deteriorating financial and operational performance of the Kalanithi Maran-promoted airline, the DGCA had on Friday withdrawn 186 flight slots of SpiceJet and directed it not to take bookings for flights beyond a month.
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