Eyeing potential business opportunity, Boeing Corporation is planning to approach the proposed Tata-Singapore Airlines.
According to sources, Vistara was looking at commencing operations on Oct 15 to commemorate J R D Tata's flight from Karachi to Mumbai on the same date in 1932.
"The return fare on economy class to most European capitals from Mumbai are close to 50,000 plus. If an LCC can offer direct connectivity for a basic fare of 25,000 with additional top ups for meals, baggage and blankets, which further takes the fare to, say, 35,000, it is still a value deal."
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.
It offers fares as low as Rs 1,499 for a one-way journey.
The airline has also inked a deal to take 12 A320s from Singapore's Tiger Airways on lease.
The government has made clear that the Airports Authority of India will closely monitor the cost of airports built through the PPP route.
'IndiGo 2018 is a harsh, ultra-lean, mean, zero asset, fighting machine with aspirations of taking on the global long-haul low-cost market.'
Mukund Rajan, who worked closely with Ratan Tata, recalls the unique experience of working with the corporate titan.
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
Airline says can't discuss dues publicly, denies grounding of planes
India perhaps is the only market in the world where full-service and low-cost fares have become one.
More than the revenue component, the movies gain hugely in terms of visibility and reach, reports T E Narasimhan.
The carriers are scoffing at making the life of their competitors 'easier.
An airline's birth is a result of passion and enterprise, often not without its challenges and ordeals. And, Tata-run airlines are no exception
The inaugural flight took off in the presence of Minister of State for Civil Aviation, Mahesh Sharma, along with a number of other people.
Air Carnival can make quick progress by stepping into the space that SpiceJet has left empty.
Civil Aviation Secretary R N Choubey said on Friday there would be no compulsion on airlines.
Things don't seem to be good at low fare carrier SpiceJet's office. In past few months, its top rung officers have resigned over differences in opinion with the management.
The first to take off will be Air Pegasus, promoted by Bengaluru-based ground-handling firm Deccor Aviation.
The only two truly successful private airlines in India - Jet Airways and IndiGo - have been set up and run by people who knew the ins and outs of the trade well before they took to the skies.
Year 2013 saw business leaders facing the ire of hostile investigative agencies.
Airlines say ATF fuel prices in India are 40 per cent higher than in countries such as Singapore. Jharkhand, Chhattisgarh and Maharashtra
The sooner the airlines get their act together, the better.
The sector requires proper implementation of policies, coupled with reasonable taxes and improved basic infrastructure.
Despite having started at least a decade later than Jet Airways, IndiGo accounts for the lion's share in the domestic market
Chidambaram promises to maintain fiscal discipline; admits inflation is an issue.
A financial turnaround with the Etihad partnership and debt restructuring has not fully materialised.
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