Singapore Airlines' deal with Tata Sons (Tata) will inject a further SGD 360 million ($267 million) into Air India. It will give SIA a 25.1 per cent stake in the enlarged Air India group following its takeover by Tata and merger with Vistara Airlines. The November 2022 deal between Singapore Airlines and Tata Sons to further inject $267 million into Air India is one of the key strategic initiatives for future growth mentioned in the quarterly financial report. This agreement is still subject to regulatory approval. SIA in the statement said, "The merged entity will be four to five times larger in scale compared to Vistara, with a strong presence in all key airline segments in India.
Airlines flew 2.1 mn passengers in July, against 1.9 mn in June.
Byrnihat in Meghalaya topped the list of most polluted cities in India in 2023, closely followed by Begusarai in Bihar and Greater Noida in Uttar Pradesh, according to a report released on Wednesday.
Police have arrested three persons from Mumbai, including a woman, for allegedly trafficking a man from Chhattisgarh's Durg district for 'cyber slavery' in Laos in southeast Asia and cheating him of Rs 2 lakh, an official said on Wednesday.
Travels to Gulf accounted for 40% of India's international air traffic in 2016.
Several new airlines are likely to fly in the Indian sky in the coming months with the government giving flying licence to four of the six companies, which had sought permits for launching scheduled, private or charter air operations.
The travel and tourism sector's contribution to global gross domestic product will return to pre-pandemic levels by the end of 2024, according to a new report by the World Economic Forum (WEF) on Tuesday. This recovery is driven by a considerable increase in worldwide demand, coinciding with more available flights, better international openness, and increased interest and investment in natural and cultural attractions.
The civil aviation ministry received 20 applications and it granted NOCs to sixteen companies between 2009 till now
The Indian government allowed foreign airlines to buy up to 49 per cent stakes in Indian carriers in September 2012.
India on Sunday said it is seriously concerned over escalating hostilities between Israel and Iran, and called for immediate de-escalation of the situation.
An exclusive excerpt from The Tatas: How A Family Built A Business And A Nation.
GoFirst, AirAsia India, Star Air and TruJet will resume all their domestic operations from Terminal 1 from October 20 midnight, the private airport operator said in a release.
Severe skilled, unskilled shortage threatens to pull emergency brakes on India's industrial engine.
Jet Airways will operate flights with female cabin crew members in its start-up phase and hire male cabin crew members once it reaches a certain operational scale, the airline said on Sunday. It will be following the footsteps of Vistara, which had started hiring male cabin crew in March 2018, approximately three years after it was launched. Jet Airways, which has not flown since April 17, 2019, is currently in the process of re-launching operations under its new promoters Jalan-Kalrock Consortium. Aviation veteran Sanjiv Kapoor took charge as the chief executive officer of the airline on April 4.
Russia continued as India's main arms supplier, the Stockholm International Peace Research Institute said.
Rudrankksh Patil and Mehuli Ghosh gave India its fifth gold medal at the Asia Olympic Qualifiers.
The letter shared with the media on Saturday comes amid Maharashtra losing several big-ticket projects to neighbouring Gujarat.
'Within five years, we should be achieving more on the international front than what it took most airlines 15 to 20 years back.'
Zudio was the standout performer as it tapped into the pentup demand in small-town India, at a pace never seen before, notes Indrajit Gupta, co-founder and director, Founding Fuel.
Vistara and AirAsia India have been lobbying for the relaxation of this rule.
The heat index in major metro cities in the country has majorly risen since 2010 compared to a decade earlier.
Experts said the risks associated with the Indian Experts say that aviation sector would keep investors away from airline stocks.
Domestic air traffic rose 20.81 per cent in June on the back of low fares and peak season demand.
India also went on an overdrive in expanding its military engagement with like-minded countries in its neighbourhood and beyond in the face of China's relentless attempts to become a regional hegemon and establish its primacy in South Asia.
SpiceJet has decreased its domestic services by 31 per cent to 2,995 weekly flights in the upcoming winter schedule as compared to 4,316 weekly flights that it got approved for the winter schedule of 2019, the aviation regulator DGCA said on Thursday. Meanwhile, Vistara, another private carrier, has increased its domestic services by 22 per cent to 1,675 weekly flights as compared to 1,376 weekly flights for 2019 winter schedule, the regulator added. The winter schedule begins on October 31 of a year and ends on March 26 next year.
The fare war triggered by the entry of AirAsia into the domestic market continues as the budget carrier IndiGo has launched another round of promotional fares, starting at Rs 1,724 (all inclusive) for a limited period.
Former Cricket South Africa president Dr Ali Bacher is not pleased that India, Australia and England are "marginalising" other boards to enjoy complete hegemony.
According to sources in the aviation ministry, only State-owned Air India and private carrier AirAsia India have agreed to pay the surcharge.
Air Asia will hold 49 per cent and the remaining will be owned by Tata Sons and Telestra Tradeplace Pvt.
The senior Tata Group executive's appointment as NSDC chairman raises the vital question of conflict of interest
Most of India's oil supplies are expected to stay safe because of the country's good relations with both Russia and Iran. That would take care of over a third of India's supplies.
While IndiGo had 11.8 per cent of all the international seats to and fro India in the last week of August, Air India's seat share was 11.4 per cent. Emirates came third with 8.1 per cent, and rest of the airlines constituted 68 per cent of the seat share.
'We are going to need more technical people in government.' 'You can't expect a generalist to understand the complicated world of financial engineering.' 'I regret to say that most of our politicians have no competence to deal with these things. Nor is there a willingness to learn.'
The future certainly looks good for Bangalore.
In a move which could affect the Jet-Etihad deal or start-up carriers like Tata-SIA or AirAsia India, DGCA has made it clear that foreign airlines or investors would not have the right to control the management of an Indian carrier.
The move by four airlines -- IndiGo, Air India, SpiceJet and GoAir -- to suspend the stand-up comedian raises fears that the government can use the no-fly list to settle political scores, undermine the freedom of citizens.
The Cairo World Cup will be held in all three disciplines -- pistol, rifle and shotgun -- and will conclude on February 1.
Domestic carriers, including newly-launched AirAsia India and regional airline Costa too have lowered their fares through these offers
Nancy and Olympian Elavenil Valarivan came up with a grand performance in women's 10m air rifle
India, Pakistan, Sri Lanka, Afghanistan and Bangladesh can beat each other on their day
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