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News for 'Air India group of airlines'

Drunk passengers create ruckus onboard Indigo flight, arrested

Drunk passengers create ruckus onboard Indigo flight, arrested

Rediff.com9 Jan 2023

The passengers were stopped by the crew members for consuming alcohol and they apologised in writing for the incident.

AI crew was 'unprofessional': DGCA on 'urination' incident

AI crew was 'unprofessional': DGCA on 'urination' incident

Rediff.com6 Jan 2023

Holding that Air India's conduct appeared to be 'unprofessional', aviation regulator Directorate General of Civil Aviation (DGCA) on Thursday issued notices to the officials and crew of the New York-Delhi flight, asking why action should not be taken against them for 'dereliction' of duty while handling the November 26 'urination' incident.

US 'closely monitoring' AI flight that landed in Russia

US 'closely monitoring' AI flight that landed in Russia

Rediff.com7 Jun 2023

Flight AI173 from Delhi was diverted to Magadan in Russia on Tuesday owing to an engine glitch, the Tata Group-owned private carrier said in a statement last evening.

French aerospace major Thales has big India plans

French aerospace major Thales has big India plans

Rediff.com21 Mar 2022

French aerospace major Thales Group is eyeing major expansion in India. The group has started planning to set up a maintenance, repair, and overhaul (MRO) organisation in India to support Indian airlines - many of which are its customers for avionics support. "We are looking to set up an MRO, so that they don't have to travel to West Asia or Singapore. "Final decision is yet to be taken, but this is a clear intent showing the growth potential in India that we are looking to set up a sub-centre here," said Yannick Assouad, executive vice-president, avionics at Thales, who was on her maiden visit to the group's India office at Bengaluru since taking charge.

Top airlines: IndiGo retains No 1 position

Top airlines: IndiGo retains No 1 position

Rediff.com19 Dec 2014

Domestic air traffic logged 14.35 per cent growth in November as compared to the corresponding period last year propelled by the festive season rush.

With Jet off the radar, skies are wide open for Tata's airlines

With Jet off the radar, skies are wide open for Tata's airlines

Rediff.com12 Jun 2019

Both Vistara and AirAsia India, along with their partners, are quietly putting together an aggressive plan to become a formidable force in the skies. At the core of this new push is their plan to go international this financial year.

Ratan Tata splits airlines on overseas rule

Ratan Tata splits airlines on overseas rule

Rediff.com16 Mar 2016

The government is keeping its options open.

DGCA suspends 2 pilots of Tata Group's Taj Air

DGCA suspends 2 pilots of Tata Group's Taj Air

Rediff.com15 Sep 2015

Aviation regulator DGCA has suspended two pilots of Tata Group's Taj Air, a non-scheduled airline that flies Chairman Emeritus Ratan Tata and Chairman Cyrus Mistry among others, for allegedly falsifying medical records.

Domestic air passenger volume spiked 70.5% in Oct

Domestic air passenger volume spiked 70.5% in Oct

Rediff.com18 Nov 2021

Domestic air passenger volume spiked 70.46 per cent in October to 89.85 lakh over the same month of 2020, DGCA data showed on Thursday. The Indian carriers had flown 52.71 lakh passengers in October last year. It may be recalled that domestic traffic along with international flight services remained shut for two months until May 25, 2020, when scheduled air services were resumed in a graded manner.

Jet Air employees have a plan to revive the airline

Jet Air employees have a plan to revive the airline

Rediff.com28 Jun 2019

If all goes well, then every single employee of Jet Airways will become an owner of the airline.

First time in over 5 years, India's air traffic growth falls

First time in over 5 years, India's air traffic growth falls

Rediff.com29 May 2019

Flight cancellations and subsequent grounding of Jet Airways adversely impacted seat capacity in the domestic market which also resulted in fares going up.

Akasa, Jet 2.0: Tough Path Ahead

Akasa, Jet 2.0: Tough Path Ahead

Rediff.com26 Dec 2022

'I hope they all survive, but it is a tough world.' 'The carriers who are already established are already struggling.'

Tatas super app Neu to host non-group brands as well: Chandrasekaran

Tatas super app Neu to host non-group brands as well: Chandrasekaran

Rediff.com14 Apr 2022

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.

Rao govt wanted Tatas to start airline but backed out: Ratan Tata

Rao govt wanted Tatas to start airline but backed out: Ratan Tata

Rediff.com30 Jan 2015

In 2010, Ratan Tata had spoken of how he had to abandon plans to launch an airline because he refused to pay bribes to secure the necessary approvals.

Airline industry to post $9.8 bn net profit this year: IATA

Airline industry to post $9.8 bn net profit this year: IATA

Rediff.com5 Jun 2023

Fuelled by rising passenger traffic and reviving local economies, the global airline industry is projected to record a net profit of $9.8 billion this year, IATA Director General Willie Walsh said on Monday and also made a strong pitch for having global standards for a Sustainable Aviation Fuel (SAF) book and claim system to help reduce carbon emissions. While addressing the Annual General Meeting of the International Air Transport Association (IATA) here, Walsh also flagged concerns about supply chain issues that are raising costs as well as limiting the ability of airlines to deploy aircraft. He also pointed out that decarbonising aviation is a serious issue and governments must not be allowed to use it to shore up exchequer finances.

India's airlines: Biggest losers and gainers

India's airlines: Biggest losers and gainers

Rediff.com5 Aug 2011

National carrier Air India incurred a loss of over Rs 5,500 crore during the 2009-10 fiscal, the government said on Wednesday.

IndiGo flies high in India's cut-throat airline market

IndiGo flies high in India's cut-throat airline market

Rediff.com26 Oct 2015

IndiGo was set up in 2006 by businessman Rahul Bhatia and Rakesh Gangwal, a former CEO for US Airways Group.

Can Tata Sons steer AirAsia India out of turbulence?

Can Tata Sons steer AirAsia India out of turbulence?

Rediff.com30 Mar 2016

Most airlines have fattened their profits, turned the corner, or cut their losses, except AirAsia India.

Kingfisher to join oneworld airlines alliance from Feb 10

Kingfisher to join oneworld airlines alliance from Feb 10

Rediff.com19 Dec 2011

The Vijay Mallya-owned carrier would become the first airline from the subcontinent to join any of the global airline groups, the two others being 'Star Alliance' and 'SkyTeam', spokespersons of the airline and the alliance said.

Zudio Is Indian Retail's 2023 Blockbuster

Zudio Is Indian Retail's 2023 Blockbuster

Rediff.com8 Jan 2024

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.

Tata, SIA incorporate airline venture

Tata, SIA incorporate airline venture

Rediff.com10 Nov 2013

As per information available with the Corporate Affairs Ministry, the new company was incorporated on November 5 with a total paid up capital of Rs 500,000 and has been registered in New Delhi.

Tata Sons now has majority stake in AirAsia

Tata Sons now has majority stake in AirAsia

Rediff.com29 Dec 2020

Tata Sons will increase its stake in budget carrier AirAsia India (AAI) to 83.67 per cent by acquiring an additional 32.67 per cent for $37.66 million from AirAsia Investment Ltd (AAIL), according to a regulatory filing. Currently, AAIL, which is a wholly-owned subsidiary of Malaysia-based AirAsia, holds 49 per cent stake in the Bengaluru-based AirAsia India. In a regulatory filing to stock exchange Bursa Malaysia, AirAsia said, "The board of directors of AirAsia wishes to announce that its wholly-owned subsidiary AAIL and Tata Sons Pvt Ltd, India, on December 29, entered into a share purchase agreement."

Tatas in AirAsia India pilot seat

Tatas in AirAsia India pilot seat

Rediff.com29 Mar 2016

With its nominees on the board, Tata Sons will have the controlling stake of 51%.

IRCTC's Winter Wonderland Holiday

IRCTC's Winter Wonderland Holiday

Rediff.com20 Jan 2025

Travelling from South India to Kashmir in December was magical for Ganesh Nadar as he feasted his eyes on the beauty of the snow-capped Himalayas.

AAI asks GoAir to pay Rs 15 crore of dues

AAI asks GoAir to pay Rs 15 crore of dues

Rediff.com13 Apr 2016

The aircraft has accumulated these dues off route navigation, landing and parking at its airports.

India, China border spat: Bird group's EV hatchback plans in limbo

India, China border spat: Bird group's EV hatchback plans in limbo

Rediff.com15 Apr 2021

The car was expected to have a price tag of Rs 10 lakh and launch was slated for this June.

4 AISATS staffers among 5 held at Delhi airport over trafficking link

4 AISATS staffers among 5 held at Delhi airport over trafficking link

Rediff.com28 Dec 2023

The company said it has suspended the staffers and that it was part of the operation to unearth this crime.

Labour pain for pvt domestic airlines as staff threaten mass leave over pay

Labour pain for pvt domestic airlines as staff threaten mass leave over pay

Rediff.com21 Jul 2022

Failure to reinstate salary even two years after the drastic cuts has landed the airline industry in a massive industrial relation crisis. While employees of Air India had organised a strike back in 2011, it is for the first time that private airlines are facing serious stress related to workers. IndiGo witnessed two of them, back to back. In the first instance, around 50 per cent of the IndiGo flights were delayed as a large number of crew members went on mass sick leave, apparently to participate in a rival airline's walk-in job interview.

2 passengers offloaded from Go First flight for 'misbehaving' with crew

2 passengers offloaded from Go First flight for 'misbehaving' with crew

Rediff.com8 Jan 2023

The incident which took place on Friday came close on the heels of two mid-air urinating incidents on the international flights of Tata Group-run private carrier Air India late last year.

Why Indian airlines are reluctant to fly foreign routes

Why Indian airlines are reluctant to fly foreign routes

Rediff.com26 Jul 2016

According to sector estimates, it takes at least six months to develop a route.

Airlines get nod to directly import jet fuel

Airlines get nod to directly import jet fuel

Rediff.com7 Feb 2012

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.

'Can We In Our Businesses Set An Example?'

'Can We In Our Businesses Set An Example?'

Rediff.com10 Oct 2024

'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'

Chandilya's grand plans to make AirAsia top airline in India

Chandilya's grand plans to make AirAsia top airline in India

Rediff.com20 Oct 2014

This was good enough for Fernandes to hire Chandilya to lead his India business.

Go Airlines' IPO process grounded

Go Airlines' IPO process grounded

Rediff.com28 Jun 2021

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.

Go First bankruptcy: IndiGo, SpiceJet good momentum plays, say analysts

Go First bankruptcy: IndiGo, SpiceJet good momentum plays, say analysts

Rediff.com11 May 2023

Wadia Group-owned Go First Airways' (Go First) insolvency plea could trigger a 'momentum rally' in shares of rival airlines, Interglobe Aviation (parent company of IndiGo) and SpiceJet, as they look to gain bankrupt airline's market share, said analysts. On the bourses, shares of InterGlobe Aviation hit a 52-week high of Rs 2,235.95, surging 8 per cent on the BSE in Wednesday's intra-day trade, before settling 4.5 per cent higher at Rs 2,164 apiece. Those of SpiceJet and Jet Airways, meanwhile, rallied up to 6 per cent in the intra-day trade, and ended 1 per cent and 5 per cent higher, respectively, following the development, which was announced post market hours on Tuesday.

IndiGo places firm order for 500 planes with Airbus

IndiGo places firm order for 500 planes with Airbus

Rediff.com19 Jun 2023

No-frills airline IndiGo on Monday announced placing a firm order for 500 A320 family planes with European aviation major Airbus at the Paris Air Show. This is the largest ever aircraft order placed by any airline with Airbus, IndiGo said in a statement. Financial details of the order were not disclosed.

Jeh Wadia steps down as GoAir's managing director

Jeh Wadia steps down as GoAir's managing director

Rediff.com22 Mar 2021

Wadia group-owned no-frills airline GoAir on Monday announced that its managing director Jeh Wadia has stepped down from the position. The airline, however, said that Wadia will continue as a promoter. It also announced the appointment of aviation industry veteran Ben Baldanza as vice chairman at the carrier. Baldanza has been an advisor to the company since 2018 and director since 2019.

Airlines seek easier loan restructuring norms

Airlines seek easier loan restructuring norms

Rediff.com4 Jan 2021

For any airline to be eligible for restructuring, the current ratio has to be equal to or higher than 0.4, while 'debt to Ebitda' has to be equal to or less than 5.5.

With oil on the boil, Vistara's loss may not be IndiGo's gain

With oil on the boil, Vistara's loss may not be IndiGo's gain

Rediff.com18 Apr 2024

Shares of low-cost airline IndiGo hit record high on the bourses soon after reports of pilot crisis at Vistara emerged. The development also saw airfares surge by around 25 per cent on select routes. Shares of IndiGo hit a lifetime high of ~3,68.5 on April 2, 2024, and has gained 2.4 per cent on the bourses in April.

As aviation opens up, GE bets on India's wide-body aircraft market

As aviation opens up, GE bets on India's wide-body aircraft market

Rediff.com26 Mar 2022

The slot constraint in Indian airports is also going to play a role in pushing airlines to have wide bodies.

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