'Because it is the only public sector company in this sector, currently.'
Finance Minister P Chidambaram has supported Civil Aviation Minister Ajit Singh's suggestion on doing away with a rule that bars Indian carriers from flying abroad unless they complete five years of service and own a 20-aircraft fleet.
Air India would add about 400 daily flights and over 40 new destinations in India to the 27-member Alliance network of over 18,500 daily flights to 1,316 airports in 195 countries.
Emirates and Etihad Airways have over the past year continued to lobby India to allow them more flight slots, which won't be possible until the 2007 pact is revised.
'The West has always opposed a strong nationalist leader in India and Narendra Modi is no exception.' 'The West prefers weak leaders who are amenable to Western pressure and Mr Modi's independent stance is not to the liking of the West,' asserts Colonel Anil A Athale (retd).
Tata Group chairman Natarajan Chandrasekaran on Thursday said the group's recently launched super app Neu is on an open architecture and it will host non-group brands as well. The Tatas finally launched its super app Tata Neu on April 7, after piloting it for months, but the group chairman claimed there was no delay in the commercial launch. Stating that the app has received an overwhelming response in the past seven days of going live, Chandrasekaran said the app is on an open architecture and will host products and services from non-Tata group companies.
The latest updates from the Tamil film industry.
As China's Foreign Minister Sun Weidong visited Pakistan on a mediation mission, a statement from Foreign Ministry on Monday said it is maintaining close contacts with Pakistan and Iran to 'bridge their differences'.
Within the last year or so, Kuldeep Yadav has managed to change his status to become India's No 1 spinner for the World Cup.
Worldwide air transport volumes are set to double within 15 years, given the average annual growth of 4.5 percent, and by the year 2050 they will have increased six-fold, to around 3 billion tonne-kilometres transported.
Aircraft maker Airbus on Thursday announced awarding a contract to Indian company Dynamatic Technologies for manufacturing all the doors for its next-generation narrow body A220 planes, giving a boost to the 'Make in India' initiative. While financial details were not disclosed, Civil Aviation Minister Jyotiraditya Scindia said it is one of the single-largest export contracts for an Indian aerospace manufacturing company and emphasised that the country is becoming a destination for aircraft component manufacturing activities.
Airbus is now confident of crossing 1,000 net orders (excluding cancellations or conversions from previous orders) in 2014.
With a debt of several thousand crore rupees, there's no chance the government can attract any buyer unless it cleans up the balance sheet, says Anjuli Bhargava.
Air-India (A-I) chairman and managing director Vasudevan Thulasidas and Jet Airways chairman Naresh Goyal have a common agenda: to get their airlines among Asia's top five by 2010 in terms of size and service.
Malaysia's budget airline AirAsia, which is eyeing more routes to India, China and Singapore, has said the country's aviation sector must be open to competition to ensure passenger growth. \n
With Christmas and the New Year approaching, doctors at some hospitals in the city also referred to the detection of the first case of the new JN.1 variant of the coronavirus in the country and asked people to exercise extra caution.
Ghosh said the Tata Trusts Cancer Care Initiative is one of the largest health care programmes in the world
Wonderful images from our Wonderful Country!
Are faulty design, hurried construction and private ownership to be blamed for the incidents of airport roofs crashing?
Its association with India is over 70 years old and spans both civil and military aviation. The Douglas DC-3 transport aircraft used by the air force beginning the 1940s and the iconic Boeing 747 aircraft flown by Air India, both had Pratt & Whitney (P&W) engines. The Indian Air Force's present-day, heavy-lift C-17 Globemaster III and the yet-to-be-inducted C-295 planes, too, have P&W power plants.
Within two weeks of many airlines deciding to roll back salary cuts encouraged by a steady increase in traffic flow, a second wave of coronavirus along with rules of compulsory RT-PCR test has hit forward bookings. The fears of last summer, when the pandemic had overturned all the wisdom of airline boardrooms, have returned to haunt the aviation industry. According to an official in the Ministry of Civil Aviation, flight occupancy is down to 60 per cent from 70 per cent in the first week of March. Airline lobby group IATA estimates that low cost airlines need to fly at 80 per cent occupancy to be profitable.
With the strain and anxiety of the longest Lok Sabha polls now behind the leaders, governance, with consensus, is the next step.
A summary of sports events and sports persons, who made news on Saturday
In contrast to its global peers, a lion's share of Delhi airport's growth came from domestic flyers, which, at 46.6 million, makes up for 73 per cent of the total number of passengers.
As fliers find themselves spoilt for choice, airlines are looking at ways in which to position themselves distinctively.
The airline industry is projected to register a net profit of $25.7 billion in 2024 as more normal growth is expected in both passenger and cargo segments, global grouping IATA said on Wednesday. For 2023, the net profit is estimated at $23.3 billion, significantly higher than the $9.8 billion projected by the International Air Transport Association (IATA) in June this year. IATA has more than 300 airlines as members.
'We want to provide data, we want to provide consultation, but we don't want to lecture.' 'The consciousness about this issue in India is starting to get quite high and if we can help contribute to solving this air quality issue in a spirit of partnership with the Indians, it would be a big achievement.'
Severe heatwaves, responsible for thousands of deaths across India over the last few decades, are increasing with alarming frequency and soon the country could become one of the first places in the world to experience heatwaves that break the human survivability limit, according to a new report.
An angry India hockey captain and goalkeeper P R Sreejesh on Tuesday vented his ire on airline career Air Asia which penalised him for excess baggage which included his sports equipment after he was returning from the Asian Champions Trophy.
But new faces, such as world champion 10m air rifle shooter Rudrankksh Patil, Esha Singh (10m air pistol), Sift Kaur Samra and Ashi Chouksey (50m rifle 3-positions) are some of the brightest prospects in the team with a potential to aim for gold, notwithstanding the extremely tough challenge the Chinese will pose in the coming fortnight.
This year, she plans to visit him in New Delhi for Raksha Bandhan.
'Airlines will need a war chest to deal with post-COVID economics.'
DD Freedish is the 'largest TV platform in India', going to 58 million homes, featuring 70-odd private channels. DD Freedish reaches about 278 million people, and is easily among the top five TV platforms in the world.
Should taxpayer's money be used to save a profligate airline?
Domestic air traffic clocked slowest growth in 4 years on high fares and flight cancellations.
Virat Kohli not only hammered his 47th ODI ton, but also crossed 13,000 runs in ODI cricket.
Jet is the largest player in the Mumbai airport, with over 110 domestic slots and 30 international slots from the city.
The status of the current submarine force level is alarming and we need to address the threat perceptions expeditiously. Critical decisions pertaining to national security cannot be delayed any further due to the rapidly changing maritime threat perceptions and growing strategic importance of the Indian Ocean region, asserts Commodore Venugopal Menon (retd).
