'Industry observers are certain the next attempt will succeed even if they have to browbeat someone into buying as the government has put its might behind it,' predicts Anjuli Bhargava.
VRL investors have punished the stock for his move, but Sankeshwar is defiant.
Because of lack of pilots, airlines have been forced to cancel their flights and rework their schedules, constraining cash flows and delaying vendor payments.
Agra, Shimla, Nanded, Kanpur and Jamshedpur are among the many airports that would see connectivity under Udan.
Air Deccan, India's first low-cost airline that made flying affordable for the middle class, is relaunching its operations from December 23.
The Aam Aadmi Party's spectacular electoral debut in New Delhi is now creating ripples down south.
The civil aviation ministry appears supportive of SpiceJet because it does not want another airline to fail. The real test now will be the capacity of the airline's chairman, Kalanithi Maran, to raise funds. And he needs to do this quickly.
Pressure mounted for removal of Delhi Law Minister Somnath Bharti on Wednesday after one of the African women assaulted in a midnight raid in south Delhi accused him of having led the group that barged into her house and attacked them.
Vicky Nanjappa in a conversation with Air Deccan founder Captain Gopinath regarding the AAP
Life of air passengers was different in the 1970s.
The national carrier's market share has declined from a near-monopoly to 16.6 per cent as of September 2014.
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