Despite its global market share of 60 per cent, Bombardier has made no break-even deals with Indian companies yet.
BCCI vice president Lalit Modi told reporters that the contract is for the period from January 1, 2006 to December 31, 2010.
British Airways became the first global carrier to provide a direct connectivity between London and Bangalore when is first flight touched down at the IT city this morning. \n
American Airlines has announced a special promotional return fare of Rs 38,000, for a 16-hour non-stop Delhi-Chicago flight.
The channel has applied to the Supreme Court to transfer the copyright case back to the Calcutta high court.
The Bombay High Court on Monday adjourned for next Thursday, hearing on an arbitration petition filed by private carrier Jet Airways in connection with the collapsed deal to takeover rival Air Sahara.
UB Group chairman and Rajya Sabha member Vijay Mallya and Air Sahara chief executive officer U K Bose were on Monday honoured with the Distinguished Fellow Award, 2003.
Air Sahara has introduced a daily direct flight between Delhi and Bhubaneshwar.
After allowing private Indian carriers to operate to the UK and Southeast Asia, government on Friday permitted Jet Airways to launch operations to New York from the ensuing summer season starting April.
The proposed $400 million rights issue of Naresh Goyal-promoted private airline Jet Airways will hit the capital market by mid-October.
Experts say Roy has got a great price for Air Sahara, which was steadily losing market share. The company was also burning a lot of cash to keep the airline afloat.
Indian Airlines on Friday announced a new APEX fare slab for purchase of tickets in eight sectors to match the heightened competition among domestic carriers to attract second AC train passengers.
Air Sahara is offering special economy class return tickets between Delhi-Singapore at Rs 8,500, plus taxes.
Jet Airways has reported plans to purchase 30 aircraft over the next few years and continue with its sale and lease back policy to strike a balance between owned and leased planes in its 53-strong fleet.
Kingfisher Airlines has reduced its fares on the Mumbai-Bangalore route to Rs 2,999.
Jet Airways on Thursday announced a new package, including a special Monsoon Super Apex fare, on some metro sectors with immediate effect whereby a passenger could fly to metros like Mumbai -- from Delhi -- for just Rs 2,500.
Air Sahara has introduced a daily service from Delhi to Trivandrum via Cochin and a direct flight from Trivandrum to Delhi.
Indian Airlines and Jet Airways on Friday revised the advance purchase fares in most of the sectors from next month.
Having identified India as one of its major markets globally, Standard Chartered Bank on Wednesday said it was open to acquisitions and plans to more than double its branch network in the country to 150 by 2006-07.
The former India all-rounder turned out for Air Sahara in the Lala Hari Ram Memorial tournament on Saturday.
The flight services would be operated by air services provider, Air One. "Flight operations would commence from tomorrow," Sahara India chairman Subrata Roy told reporters on Thursday.
Unless Naresh Goyal pulls the proverbial rabbit out of his hat or reveals an unexpected ace of spades, the airline he built from scratch - many refer to it as "his baby" - may slip out of his grasp, says Anjuli Bhargava.
GoAir reluctant to respond to overtures.
Jet Airways on Thursday said it would introduce more flights on both its domestic and international networks.
A resurgent SpiceJet is spreading its wings and Vistara is set to challenge Jet on long-haul routes in the coming years.
Some of its subsidiary airline JetLite's pilots have quit.
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