IndiGo has confirmed the delivery of the next set of 25 ATR-72 jets and will be inducting around 10 planes by the end of this calendar year, making it the largest regional fleet operator in the country.
Wadia group's no-frills carrier Go Airlines on Tuesday said it will acquire eight more aircrafts to increase its fleet to 21 by July 2014 from the existing 13.
Market estimates suggest the airline has already totted up Rs 1,800 crore of losses in FY20, and FY21 is expected to see losses in the region of Rs 2,500 crore to Rs 3,000 crore Many in the sector say that Vistara lacks the light-footedness of the airlines with which it competes, reports Anjuli Bhargava.
The parent entity, (Holdings) Ltd, have also expressed concern over the company's significant exposure to the airline.
Newly launched Vistara has a passenger load factor of 55% in the busy Delhi-Mumbai sector, compared with 80-85% in other airlines.
The other three airlines that have been probed in this matter are SpiceJet, GoAir and Air India
Vistara is keen to take to global skies.
Kamra was banned by India's largest airline for six months on Tuesday for allegedly harassing Goswami on the Mumbai-Lucknow flight. SpiceJet, GoAir and Air India also imposed a similar ban on Kamra without specifying any period.
Based on the Skytrax ranking for 2018, IndiGo is number two among the best low-cost carriers in Asia, behind rival AirAsia.
Indian aviation has deep-rooted problems that need comprehensive and coordinated solutions, and high aviation turbine fuel pricing is certainly the most urgent.
Options include fresh capital infusion by the management and/or some new investors.
Analysing his own performance, JRD Tata insisted that his only real contribution to the group's smorgasbord of companies was Air-India
A senior official in the central labour commissioner's office said the efforts of the government were to resolve the cases amicably and not to press for legal action against employers. "Everyone is going through tough times. We could initiate legal action if we want but that's not the idea. We want to address the issues amicably," the official said.
Government officials favoured compulsory biometric identification but said it did not happen because of the Supreme Court judgment on Aadhaar
Right from the early days of liberalisation, there have been political controversies surrounding several cases that landed on the FIPB table and which, in turn, have often led to court battles.
The catch is you will have to book your flight by August 27 and travel between September 25 and January 15, an airline spokesperson said, adding the offer is applicable on all direct, via and onward flights on SpiceJet's domestic network.
India to become 3rd largest aviation market by 2026.
Qatar Airways is keen to buy equity in IndiGo if the Indian carrier offers 49 per cent stake to it, a top official has said as he sought the opening up of the Indian aviation market for established airline companies.
The inaugural flight took off in the presence of Minister of State for Civil Aviation, Mahesh Sharma, along with a number of other people.
An AirAsia flight from Indonesia to Singapore with 162 people aboard reportedly went missing on Sunday morning after losing contact with air traffic controllers.
Airlines have to deal with high operating costs - fuel, taxation, airport charges - in a very competitive environment.
Long-haul low-cost carriers like Scoot and AirAsia X offer a similar configuration.
The airline has also inked a deal to take 12 A320s from Singapore's Tiger Airways on lease.
United States aerospace major Boeing on Thursday said it received approval from the country's government to offer its F-15EX multi-role combat jet to the Indian Air Force.
A Russian fund submitted its interest to the resolution professional on February 14 and also hired a consultancy firm to help them with the bidding process.
"I do not want India to be an economic superpower. I want India to be a happy country." - JRD Tata
British billionaire Richard Branson on Wednesday said he will meet Maharashtra Chief Minister Uddhav Thackeray to clear "misunderstandings" and gauge the new administrations interest in the $10 billion Mumbai-Pune Hyperloop project.
Wary of being identified, some said they had been reassured by their friends but were still apprehensive for themselves and their families. Adding to their anxiety was news of protests.
IndiGo Airlines signs $2.6-billion leasing and financing MoU with Industrial and Commercial Bank of China.
Mukesh Ambani-owned RIL's JioMart is set to launch a slew of new products including financial services, electronics to airline tickets to take on the competition from upcoming rivals like the Tata Super app and other established players including PayTM, Amazon and Flipkart. This comes at a time when RIL's e-commerce revenues are set to grow by 35 per cent to $15 billion within four years and its core retail revenue is expected to grow at the same pace to $44 billion, as per a forecast by Goldman Sachs. "The Tata vs JioMart war will be the next big corporate battle to watch. "While Tata has an upper hand like in-house products and brands, RIL has the backing of global biggies like Google, Facebook and Microsoft," said head of a rating firm asking not to be quoted.
'The ongoing presence of extremist/militant elements operating in Pakistan poses a continued risk to US civil aviation from small-arms fire, complex attacks against airports, indirect weapons fire, and anti-aircraft fire, any of which could occur with little or no warning'
Nepal's Prime Minister Sher Bahadur Deuba on Monday inaugurated the country's second international airport built by China that will help connect Lumbini, the birthplace of Lord Buddha and a major tourist and pilgrimage destination, to Buddhist circuits in South Asia as well as to the rest of the world.
UB Group's Kingfisher Airlines, which is scheduled to launch domestic operations from April next, would sign a deal with European aircraft manufacturer Airbus Industries for supply of 14 aircraft in Mumbai on December 18.
The groups plan to take on well-entrenched players like Amazon, Flipkart, and Paytm by merging their offline businesses with e-commerce initiatives.
This is part of the initiatives that the ministry is undertaking to use technology in order to make airport check-in seamless and formation of a no-fly list.
The working groups will comprise representatives of airlines, airport operators and the AAI.
India on Saturday 'strongly pressed' the Russian and Ukrainian governments through multiple channels for an immediate ceasefire in Sumy to ensure a safe passage for around 700 Indian students stuck there as it keeps focus on their evacuation from the war-hit city in eastern Ukraine.
