Hit by the third wave of the COVID-19 pandemic and soaring fuel prices, airlines are flying towards record losses with a likely loss of a whopping Rs 20,000 crore for the full fiscal year, warns a report. The airlines are flying towards their steepest-ever net loss of over Rs 20,000 crore this fiscal, which will be 44 per cent more than Rs 13,853 crore they bled last fiscal, Crisil said in a report. This will push back the industry's recovery beyond fiscal 2023, the report based on three large listed airlines--Indigo, Spicejet, and Air India--which together command 75 per cent of the domestic traffic, warned.
'We failed as a country because those who should have been there to say goodbye did not show up.'
'I have only one life and that is enough.'
AirAsia has rolled out fares as low as Rs 3,399 for a Visakhapatnam-Kuala Lumpur.
Briefing reporters on the ongoing evacuation mission 'Operation Kaveri', Kwatra said approximately 1,700 to 2,000 Indian nationals were moved out of the conflict zones and they included the citizens already evacuated out of Sudan as well as those who are on their way to Port Sudan from capital city Khartoum.
India's Ayonika Paul wobbled a bit towards the end but still managed to bag the bronze medal at the 8th Asian Air Gun Championship in New Delhi on Monday.
Scheduled international passenger flights have remained suspended since March 23, 2020 in the wake of the pandemic and they will now restart from Sunday.
They welcomed the guests before the start of the dinner from the reception dais, with its backdrop showcasing the ruins of the Nalanda University in Bihar besides India's G20 presidency theme -- 'Vasudhaiva Kutumbakam - One Earth, One Family, One Future'.
The plane, which took off from Jeddah around 11 am IST, landed in Mumbai at 3.15 pm, an official said.
China last year pegged its defence budget at 1.45 trillion yuan, a 7.1 per cent increase. This year the defence spending is increased to 1.55 trillion yuan.
Out of 36 Rafale jets, 30 will be fighter jets and six will be trainers.
The base will be used by carriers such as Alliance Air, a subsidiary of Air India, to operate 70-seater ATR aircraft to places such as Bengaluru.
The Punjab government has declared a holiday on Thursday as a mark of respect to the former chief minister.
Apple will soon bring its latest lineup of MacBook Pro models along with HomePod mini, AirPods and a new music experience under Apple Music Voice Plan for Indian consumers. Apple's new M1 Pro and M1 Max, available in 14 and 16-inch models, delivers groundbreaking processing, graphics and machine learning (ML) performance. The new MacBook Pro range with M1 Pro and M1 Max are available to order via Apple's online store and will begin arriving to customers and its authorised resellers from October 26.
The first generation IAF officer from Haryana will assist President Droupadi Murmu as the supreme commander of India's armed forces unfurls the Tiranga on Republic Day.
Local residents say until about two months ago, this board carried the name of Motorola, which once had a manufacturing unit in Sriperumbudur, 40-odd km from Chennai in Tamil Nadu. In May 2020, Luxshare Precision Industry Co, a China-headquartered AirPods and iPhone assembler, had entered into a deal with the Tamil Nadu government to take over the defunct Motorola unit.
The decision comes hours after an A320 neo aircraft of IndiGo suffered engine failure mid-air and made an emergency landing at Ahmedabad airport.
Military officials, on the condition of anonymity, said the arrival of the Rafale jets will significantly enhance the IAF's overall combat capability and will send a clear message to India's 'adversaries'.
People who were present at the convention centre told media that the first blast occurred in the middle of a prayer.
The launchpads across the Line of Control in Kashmir valley are abuzz with activity, with around 60 to 80 terrorists, believed to be Afghan returnee mercenaries, receiving training with a possible push expected during summer months, officials in Srinagar said.
A preview of many of the tableaux, some of which are still being constructed or given finishing touches, was held at the Rashtriya Rangshala Camp in the city.
India, which plans to start flights to Kabul whenever Pakistani airspace opens, on Wednesday agreed to take a slew of steps, including waiving off expenses, to assist Afghanistan in building up its aviation infrastructure.
He recalled that the state was home to Vaishali, said to be the oldest republic in the world.
Air India on Friday launched its first non-stop flight from New York to Delhi. Besides reducing the travel time to 14 hours, it also offers tickets at competitive rates.
The defence ministry took the decision to hold the biennial event as scheduled following inputs from major stakeholders including the domestic defence industry and global aerospace majors, official sources said.
Rhythm Sangwan and Anish Bhanwala won the gold medal in the 25m rapid fire pistol mixed team event
With a combination of both physical and virtual exhibition, the 13th edition of the biennial international event at Air Force Station Yelahanka will be the world's first hybrid aerospace show.
Focus on nutrition, tailor-made training for specific opponents key to Prannoy's success.
The PMO directed the ministry of civil aviation and the Air India to find early resolution to stalemate. Besides, the PMO told the civil aviation ministry that a lockout is not an option to resolve the issue.
'The government used to give subsidy to reduce loss of Air India'
Commissioned on December 14, 1974 in the fighter stream of the IAF, Raha has held various command, staff and instructional appointments in his 39-year-old career.
National carrier Air India became part of the 27-member global airlines grouping Star Alliance, as budget airline AirAsia India launched operations and Tata-SIA joint venture carrier Vistara received the flying permit and announced its intentions to start operations from January 9.
China hiked its annual defence budget by 7.1 per cent.
Aviation regulator DGCA has suspended two pilots of Tata Group's Taj Air, a non-scheduled airline that flies Chairman Emeritus Ratan Tata and Chairman Cyrus Mistry among others, for allegedly falsifying medical records.
'With just 2.4 per cent of global landmass, India houses six to eight per cent of planetary biodiversity and hence is a prime target of wildlife criminals.'
Defence Minister Rajnath Singh said on Tuesday that India cannot remain dependent on other countries for its defence and that the indigenously developed Tejas was better than its foreign equivalents on several parameters and also comparatively cheaper.
The list of 'dos and don'ts' comes after the India meteorological department issued its first heat warning for 2023.
The carrier has debt of Rs 43,000 crore.
Kadian, who competes in heavy-weight category, reiterated that their fight is against the WFI chief and not against the government.
The P-8I, which is widely acknowledged to be the world's most deadly LRMR-ASW aircraft, is a derivative of the Boeing 737-800 airliner, onto which a plethora of sensors and weaponry has been fitted.