The national carrier's market share has declined from a near-monopoly to 16.6 per cent as of September 2014.
Stocks of public sector undertakings (PSUs) have been on fire in the past year as investors cheered an improvement in key operating metrics and embraced counters of these state-owned enterprises, analysts suggest. The S&P BSE PSU Index has gained over 90 per cent in the past year, rising much higher than the S&P BSE Sensex, which has rose nearly 19 per cent during this period, according to ACE Equity data. The BSE PSU Index, reports show, has delivered a compound annual growth rate (CAGR) of 28 per cent (including dividends reinvestments) over five years and risen by almost 60 per cent in the past year.
15 images from events that shaped last week's headlines.
IndiGo revamps website, Jet ties up with Twitter
Indian airlines currently are required to have a minimum fleet of five aircraft and five years of operational experience for starting international services.
'We request everyone to stop the war. The Israel police force will not be short of uniforms because of our decision. But this a moral decision. Bombing of the hospitals cannot be accepted... We have decided not to take further orders temporarily'
Based on the Skytrax ranking for 2018, IndiGo is number two among the best low-cost carriers in Asia, behind rival AirAsia.
Officials hint the visit could finally see a formal defence industrial road map being adopted by both nations.
According to sources in the aviation ministry, only State-owned Air India and private carrier AirAsia India have agreed to pay the surcharge.
Air Carnival can make quick progress by stepping into the space that SpiceJet has left empty.
Employees of Go First, which has filed for bankruptcy, hope that the airline will fly out of the crisis with government support but some are already scouting for work. Some Go First pilots have joined airlines in West Asia in recent weeks and others have approached IndiGo, India's largest domestic airline. Calls to IndiGo's human resources and operations department increased after Go First said on Tuesday it will suspend flights for three days starting May 3, sources said.
The first set of routes that it will launch internationally will be the routes that can be flown by its existing aircraft, the A320s, which will be routes within three, three-and-a-half hours of India
Heatwaves with higher humidity levels can be more perilous because the air cannot efficiently absorb excess moisture. This limitation restricts the human body's ability to evaporate sweat and affects the moisture content of certain infrastructure like evaporative coolers.
Images from Day 3 of the second Test between India and England in Visakhapatnam on Sunday.
Existing optimism about the capital goods sector has been enhanced by the Assembly election results, which were favourable for the BJP. The prospects of political continuity led to renewed interest in the sector. There are demand-supply gaps, especially in power, and visibility of improved pricing and strong order flows, including from private enterprises.
Air India on Thursday increased the fuel surcharge component in fares on several routes.
Virat Kohli's supreme fitness was evident in his 47th ODI century while comeback man KL Rahul produced an equally engaging ton on comeback as India thrashed a listless Pakistan by record 228-run margin.
Because of lack of pilots, airlines have been forced to cancel their flights and rework their schedules, constraining cash flows and delaying vendor payments.
Singapore Airlines will face intense competition from AirAsia, which will launch its India operations later this year and Tiger Airlines, in which it holds a stake.
7,000 unemployed pilots in India but airlines continue to bet on expats
A few Indian stars will have to go through the disappointment of watching all the action from afar.
While media reports suggested that Tata-Singapore Airlines is looking at an all-stock merger of Jet, Tatas, in a statement said, discussions to take over Jet Airways have been preliminary and no proposal has been made
It also comes ahead of a possible visit by President Donald Trump to India later this month. Trump is set to visit India on a two-day trip between February 23 and 26 and both sides are in the process of fine-tuning his schedule, according to sources in New Delhi.
An unprecedented decision to form a ministerial-level committee was driven by fears of witch-hunt by investigating agencies.
The judiciary, the police, the lawyers and the public will have to know the new laws. It will also endanger settled jurisprudence on the old laws and open up all sorts of minor and major problems that currently do not exist. Whose then was asking for the change? Not the judges or police or lawyers or citizens, points out Aakar Patel.
India's voting pattern in the United Nations with regard to the Israel-Palestine conflict is lately marked by a calibrated distancing from Israel, observes Ambassador M K Bhadrakumar.
Airline told to transfer non-core assets, subsidiaries to special purpose vehicle
The report Air Quality and Health in Cities combined ground-based air quality data with satellites and models to produce air quality estimates for cities around the world.
We should reassess what India's role in the world is and whether we are doing the right thing for ourselves, notes Aakar Patel.
"Tata Sons board is meeting tomorrow (Friday) to consider the proposal to bid for Jet Airways," people in the know of the development told PTI.
Low-cost carriers (LCCs) like Air Asia and Ryan Air are among the best because they are frugal, have flexibility in operations and certain standardisation of aircraft and operations.
Narendra Modi on Tuesday said the city state is a major partner in almost every area of India's transformation.
Sanjive Narain, owner of Assam's oldest news channel, and Sanjay Aditya Singh, promoter of a cabin crew training academy, are coming together to launch a regional airline providing business and premium economy services in the Northeast. Jettwings Airways will be based in Guwahati and will connect places with twin-class Embraer E175 aircraft. The airline has secured an initial no-objection clearance from the civil aviation ministry and plans to launch services in October.
Overall, with an above world average traffic growth rate of 5.5 per cent, Asia-Pacific will account for 36 per cent of all new passenger aircraft demand
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