With a debt of several thousand crore rupees, there's no chance the government can attract any buyer unless it cleans up the balance sheet, says Anjuli Bhargava.
The Jet Airways of old is no more and the industry mourns its demise. Anjuli Bhargava reports.
However, the market recovery is still slow and European market is still volatile showing its effect on emerging markets including India, said Jose Eduardo Coastas, senior vice president (market intelligence).
Etihad to have 2 directors even if it dilutes stake to 15%
The BJP still does not have a majority in Upper House of Parliament, the Rajya Sabha, and this will pose hurdles to the party's legislative reform agenda
The response to the sale has been overwhelming.
On the international air traffic front, Asia-Pacific airlines recorded an increase in demand of 5.5 per cent compared to November 2012.
Curtailment of flights between India and China will help Air India and other airlines to boost their seat occupancy and market share.
Stressful work schedules and limited growth opportunities are taking a toll on a large number of senior professionals in airlines.
By 2025, most of India's large cities would require a second airport, and Mumbai may need a third airport by 2030.
Because of lack of pilots, airlines have been forced to cancel their flights and rework their schedules, constraining cash flows and delaying vendor payments.
But its sales pitch will remain muted till India opens up more seats on the route
They will grow at 5.8 per cent a year.
The market breadth, indicating the overall health of the market, was positive
Till high school, his medium of learning was Marathi. Later, he completed his doctorate under Neil Armstrong's guidance. He has travelled to close to 50 countries, sold $350 billion worth of aircraft. Anjuli Bhargava meets Boeing SVP Dinesh Keskar.
Vistara was launched on January 9.
Vistara has poor load factors currently, it needs to bring down fares a bit to improve flight occupancy.
Whether it's about colonising Mars or donning Net-connected apparel, 2022 is a year everyone seems to be planning for, says Nivedita Mookerji.
Business executives are finally dusting off their long-unused suitcases to resume travel, thanks to a good vaccination rate, a drop in fresh cases, and an easing of travel restrictions. It comes as a huge relief for the ravaged aviation, travel and hospitality sectors. "We are witnessing a 40 per cent recovery on pre-covid volumes from our business travellers, signalling the return of corporate confidence in air travel," said Indiver Rastogi, president & group head, Global Business Travel, Thomas Cook (India) & SOTC.
Airline wants to fly to West Asia, Southeast Asia.
The national carrier's market share has declined from a near-monopoly to 16.6 per cent as of September 2014.
Having invested close to $15 billion in Indonesia, Indian firms have lined up further $15-16 billion investments.
The US FOMC concludes its two-day meeting today while the Bank of Japan will start its two-day meeting today.
The Indian Navy has a big role to play in support of our strategic objectives in the Indian Ocean. The increasing Chinese presence in the Indian Ocean is a matter of concern and need to be factored. Hence, the requirement of an Aircraft Carrier is a foregone conclusion, asserts Commodore Venugopal Menon (retd).
'People shouldn't be made to pay a bigger price for being eco-friendly.'
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
Ninety years later, BA counts the country as its second-biggest overseas market after the US.
Air India must tighten costs to comes out of the red or it wil perish in no time, says experts.
Vistara has fine-tuned strategies to tap the elite class and Jet Airways may lose out on market share in times to come.
Markets ended weak tracking the expiry of April derivative contracts.
For India to endorse Nepal's Buddhist conference will be like sipping from a poisoned chalice, warns former RA&W official Jayadeva Ranade.
Has also sought permission to share with Virgin Atlantic for new routes in Britain.
The airline will induct four more Dreamliners next year to complete order of 27 of these aircraft
Non-metro routes get 73 per cent of its flyers -- a factor that has earned it double-digit share with only 19 planes.
Air India would add about 400 daily flights and over 40 new destinations in India to the 27-member Alliance network of over 18,500 daily flights to 1,316 airports in 195 countries.
An airport in Noida could lead to higher user fees and diversion of traffic from Delhi, which has huge unused capacity.
IndiGo's situation points to a deeper malaise where skill shortage can challenge India's status as the fastest-growing aviation market, say experts.
Malaysia on Friday defended the flight path taken by the crashed Malaysia Airlines Flight MH17, confirming that the plane's systems were functioning normally before it was shot down by a missile over Ukraine killing all 298 people on board.
IIP for November 2015 and CPI for December 2015 will be announced today.
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