Air India must tighten costs to comes out of the red or it wil perish in no time, says experts.
Around 1.12 crore domestic passengers travelled by air in December, approximately 6.7 per cent higher than the 1.05 crore who travelled in November, the country's aviation regulator said on Wednesday. Overall, 8.38 crore people travelled on domestic flights in 2021 as compared to 6.3 crore in 2020, showing a jump of 33 per cent, the Directorate General of Civil Aviation (DGCA) stated in its monthly statement. IndiGo -- India's largest carrier -- carried 61.41 lakh passengers in December, a 54.8 per cent share of the domestic market, it mentioned.
Lufthansa is a founder member of Star Alliance and was the mentor airline for facilitating Air India's entry.
The airline had renewed its insurance on Oct 1 for nearly $29 million to cover its 132 aircraft.
I hope those who underestimate Rajeev Chandrasekhar will be proved wrong in this fight for Thiruvananthapuram's future, notes Rajeev Srinivasan.
The party fielded Maneka Gandhi from Sultanpur, while Uttar Pradesh minister Jitin Prasada has replaced Varun Gandhi in Pilibhit.
It will be in Modi's interest to reinvent his party, read the writing on the wall that voters wrote, and move ahead. He has little choice now. The country is watching, asserts Ramesh Menon.
IOC, BPCL and HPCL on Thursday afternoon stopped ATF supplies to Air India at six airports - Kochi, Pune, Patna, Ranchi, Vizag and Mohali - over payment defaults. AI flights from these places were tanking up from other airports.
Amidst suspense about his whereabouts, Jharkhand Chief Minister Hemant Soren has reached his official residence in Ranchi, a source in the Chief Minister's Office (CMO) said on Tuesday.
The work we have done in the south and the northeast over the last 10 years under Prime Minister Modi's leadership, we have started getting results of the same, he said.
Openers KL Rahul and Quinton de Kock hit fifties as LSG trounced CSK by eight wickets.
Chinese and Russian warplanes on Tuesday conducted joint air patrols over the Sea of Japan, the East China Sea and the West Pacific Ocean as the leaders of Quad held their in-person summit in Tokyo, in an apparent attempt to send a message of unity between Beijing and Moscow.
These vacancies are likely to emerge as Indian airlines plan to induct more than 900 aircraft into their fleets in the coming years.
"The voting percentage is likely to go upwards when reports from all polling stations are obtained as polling is scheduled till 6 pm in many constituencies. Final figures will be known on Saturday after the scrutiny of form 17A," the EC said.
The government will soon initiate talks with Lufthansa to mentor the national carrier to join the global airline group
Assuming we still have a Modi-led majority government after May 2024, there is no guarantee that reforms will move at anything more than a snail's pace, though we must be thankful even for that, notes R Jagannathan.
Jet Airways' prospects of entering the exclusive alliance brighten
President Murmu reached the new Parliament building in a six-horse buggy accompanied by the Presidential Bodyguards riding horses.
The new Duster will go head-to-head with popular models like Hyundai Creta, Kia Seltos, Volkswagen Taigun, Skoda Kushaq, Maruti Suzuki Grand Vitara, Toyota Urban Cruiser Hyryder, MG Astor, etc in the highly competitive mid-size SUV segment.
The meeting between the two leaders, which was also attended by Bihar's deputy chief minister Tejashwi Yadav, was described as 'positive'.
With Air India's July 31 deadline to join Star Alliance approaching, senior officials of the global umbrella body of airline and those from the national carrier would soon meet Indian government officials to discuss the progress made in this direction.
Delhi Capitals outclass champions Chennai Super Kings by 20 runs for their first victory in IPL 2024.
Jailed ex-Pakistan premier Imran Khan's party-backed independent candidates on Friday sprang a surprise by winning 86 seats out of the 201 results declared following unusual delays and allegations of rigging, as the country appeared heading towards a hung assembly.
Three passengers who travelled on Delhi-Jammu flight on Tuesday, six passengers who were on Bengaluru-Coimbatore flight on Wednesday, two passengers who were on Delhi-Coimbatore flight on Wednesday and one passenger who was on Bengaluru-Madurai flight on Wednesday tested positive for the novel coronavirus, the airline said.
'Congress leaders who are making strategy for the Congress to win elections have not even won a class monitor elections.' 'When you have not contested school monitor elections, what will you know about the ground reality?'
While there is no concrete proposal as of now, possible options include raising funds through securitisation of ticket levy and reduction in number of subsidised seats on routes with higher demand.
Regional connectivity will bring development to tier-2 and tier-3 cities which are becoming "growth engines", Prime Minister Narendra Modi said while inaugurating the first flight under UDAN.
The AFI official said that Air India refused to carry three poles measuring 5m each to be used by the two athletes, on the ground of some "technical issues" concerning prescribed length of the items.
As the curtain falls on the campaign for the Thiruvananthapuram Lok Sabha seat on Wednesday, April 24, a ringside view of the closing ceremonies.
The youth, Rahul Dev, has been recruited as a General Duty (GD) pilot officer in the Pakistan Air Force (PAF), Daily Pakistan reported. Dev hails from Tharparkar, the largest district in Sindh province, which is the home to a large population of Hindu community, local media reported on Monday.
'If you fight you win, if you don't fight, how will you win?'
Lufthansa has been Air India's mentor, helping and guiding it complete all formalities for joining the alliance.
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.
The resignation also signals a continuing saga of unaddressed concerns of young leaders, once considered close to former Congress president Rahul Gandhi.
Agra, Shimla, Nanded, Kanpur and Jamshedpur are among the many airports that would see connectivity under Udan.
The fleet landed at Al Dhafra airbase on Monday in the United Arab Emirates after flying for over seven hours from the Merignac airbase. It was the only stopover by the jets while flying from France to India.
Air Sahara on Monday said it is in talks with upcoming low-cost carrier Indus Air, promoted by Kapil Mohan of Mohan Meakins Group.
While there was a brief respite from the incessant downpour on Tuesday, collaborative efforts from the defence, national, and state disaster response forces took the lead in executing rescue and relief operations.
Stocks of public sector undertakings (PSUs) have been on fire in the past year as investors cheered an improvement in key operating metrics and embraced counters of these state-owned enterprises, analysts suggest. The S&P BSE PSU Index has gained over 90 per cent in the past year, rising much higher than the S&P BSE Sensex, which has rose nearly 19 per cent during this period, according to ACE Equity data. The BSE PSU Index, reports show, has delivered a compound annual growth rate (CAGR) of 28 per cent (including dividends reinvestments) over five years and risen by almost 60 per cent in the past year.
The Lok Sabha contest in Thiruvananthapuram is shaping up to be a significant battle involving key candidates like Shashi Tharoor, Rajeev Chandrasekhar, and Panniyan Ravindran. This three-cornered fight highlights the political dynamics in Kerala's capital city, with each candidate bringing their own vision and promises for the region's development, notes Rajeev Srinivasan.
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