The market buzz is that the GoAir promoters are hoping for a valuation that is at least a little more than double its closest rival SpiceJet.
However, if a flyer has been allotted the middle seat due to a high passenger load, 'then additional protective equipment like wrap-around gown of the Ministry of Textile approved standards' must be provided to him or her in addition to a three-layered face mask and face shield, a DGCA order, accessed by PTI, said.
All Indian carriers flew 60.22 lakh (6.02 million) passengers in May compared to 57.10 lakh (5.71 million) in April, while the January-May figure stood at 267.22 lakh (Rs 2.67 million) as against 260 lakh (2.6 million) in the same period last year recording a 2.78 per cent growth, latest official air traffic data showed.
Air India's pilots have been hurting customers with their repeated strikes.
The high court's order came on a plea by erstwhile Indian Airlines pilots for a stay on management's decision to train only erstwhile Air India pilots.
Kuwait has expressed optimism that the row over a possible ban on landing of state-owned Indian airliners in its capital will be resolved amicably as the two countries prepare to hold talks on the issue.
Air travel became costlier on Tuesday with major Indian carriers hiking fuel surcharge on tickets, ranging from Rs 150 to Rs 250 for domestic travel and $15 (Rs 825) for a one-way international ticket, following an almost eight per cent increase in jet fuel prices.
No date has been announced for Air India's induction into the club of more than 28 leading carriers
In a major initiative to strengthen the cash-strapped aviation sector, a group of ministers on Tuesday decided to allow airlines to directly import jet fuel to enable them save on high incidence of tax and permit Air India to raise Rs 7,400 crore (Rs 74 billion) by issuing bonds or other means.
As a part of its route rationalization and cost-cutting measures, Air India plans to replace its twin-class aircraft with all-economy ones belonging to low-cost subsidiary Air India Express on few Gulf routes from this month end.
'Ajit Doval said, "They are threatening us now".'
Confronted with competition, state-run logistics companies are opting for joint ventures among themselves and with the private sector.
IndiGo, India's largest airline, is in talks to raise fresh funds as a second wave of pandemic has led to collapse in travel demand. The airline may look to raise Rs 3,500-4,000 crore. On Monday, only 97,761 passengers flew. With flyers cancelling bookings, airlines had to put aside flights and operated only 1,306 of them.
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IndiGo, which has about 550 flights a day, has increased the number of daily flights from Delhi to Hyderabad and Chennai to seven.
Two of the largest airlines, Jet Airways and Air India, have decided to stop absorbing the surcharge on payments by agents made through credit cards.
Amber Dubey explains why India needs to stop blocking competition if it ever wants to become the top aviation market.
Airlines have to deal with high operating costs - fuel, taxation, airport charges - in a very competitive environment.
Markets regulator Sebi has kept in abeyance the processing of Go Airlines' draft papers for an initial public offer worth Rs 3,600 crore. Go Airlines (India) Ltd, which has announced rebranding itself as 'Go First', filed preliminary papers for an initial share sale worth Rs 3,600 crore in May. The proceeds will be mainly used to repay dues. The "issuance of observations (has been) kept in abeyance", according to Sebi's latest update on processing status of Go Airlines' draft offer documents. The information was updated on June 25. In Sebi parlance, issuance of observations implies its go-ahead for the IPO.
German airliner Lufthansa has no plans to bid for equity in either Air-India or Indian Airlines as a counter to Air France-KLM mega merger, its executive vice-president Thierry Antinori said in New Delhi on Friday.
The safety and security of citizens is primary for the government, he said.
Indian Airlines had to pay the amount as compensation to a British firm for aborting a pilot training contract. UK-based Storm Aviation was to train 66 pilots over the first three months of the term that cost pound 11,380 per candidate. However, IA discontinued the training after the first batch of 10 pilots. Storm Aviation filed a lawsuit demanding about pound 500,000 in compensation; IA settled out of court by paying pound 350,000.
Amid the prevailing situation in Ukraine due to the rising tensions with Russia, India has advised its citizens to temporarily leave Ukraine.
Only a 5-year-old airline with 20 planes is allowed to fly abroad.
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.
In a dramatic turn of events in May 2019, an Emirates aircraft en-route to Dubai was asked to stop while it was taxiing for a take off in Mumbai. The pilot was given no reason and ordered to immediately return to the parking bay. As the aircraft returned to the terminal, two passengers from the first class - Naresh Goyal and his wife Anita - were offloaded by the immigration authorities, who said the duo cannot leave the country. Goyal, founder of Jet Airways, was stunned. The man, who ruled the aviation sector for two and a half decades with an iron hand, did not expect to be offloaded in this fashion.
With its nominees on the board, Tata Sons will have the controlling stake of 51%.
Airfares in Indian market are unsustainable, says a senior Boeing official.
Airline wants to fly to West Asia, Southeast Asia.
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
The Nepalese citizen was handed over to security agencies on arrival at the airport in New Delhi.
The total cost will include expenses related to crew, fuel, navigation, landing and parking charges.
India had threatened to stop Swiss, which, as the designated airline of that country, 'violated' a vital clause called the substantial ownership and effective control, mandated under the bilateral air services agreement between the two countries.
One lesson the government should learn from the Air India-Indian Airlines merger fiasco is that combining two sick people ends up making them sicker.
There is enough room for growth in smaller Indian towns as per US and European aircraft manufacturers
Citing various aspects, the forum has appealed to the DGCA to "withdraw the harsh punishment and suspension of the PIC". it said.
The move comes after the government rejected its plan to operate 20 flights a week.
Or else customers will face capacity shortages and high fares.
Seeking to further democratise air travel with dependable and affordable services, airline Akasa Air is aiming to start flights in late May or early June after getting its first Boeing 737 MAX aircraft in April. Bullish on the long term growth potential of the country's civil aviation sector, ace investor Rakesh Jhunjhunwala-backed carrier is looking to have 18 planes in its fleet by the end of March 2023. Despite COVID clouds continuing to cast a shadow on the airlines, Akasa Air CEO Vinay Dube is more than optimistic as he asserted that "if you look at the long term future of commercial aviation in India, it is as exciting as anywhere in the world".
