The airline's board met in the national capital on Tuesday, and decided to go in for sale and leaseback of Boeing 787 Dreamliners, due for delivery next month.
'I don't think there will be a direct reaction to the fuel price hike on air ticket prices.'
Price appreciation since the aircraft order in 2005 could yield Rs 7,200-crore gain.
5 AI's Dreamliner pilots left the airline to join other carriers without serving the mandatory six-month notice period
This is the third instance in the last three days when the aviation regulator grounded a plane after an incident.
With the launch of these services, Air India would become the first airline to operate the new Boeing-787 Dreamliner to the Australian continent, a spokesperson said.
Etihad is the fourth airline to operate the super jumbo aircraft to India.
Here are eight images that prove we live in a mad, mad world.
The flight will operate every Tuesday, Thursday and Sunday. While the inaugural flight AI 139 left at 6 pm (Indian time) on Thursday, the scheduled departure will be 4.50 pm (Indian time) from March 25 when the summer schedule comes into operation.
Chartered flights may increase 34% from last year as more Russian tourists come calling.
The CCEA approved the TAP and the airline's financial restructuring plan, which includes additional equity infusion by the government.
Says pilots ready to resume work but civil aviation minister unwilling to reinstate sacked employees
Four Air India international flights were cancelled from Delhi and Mumbai today after about 100 pilots refused to join work.
The development comes four days ahead of the launch of a training programme for pilots to fly the Boeing 787 Dreamliners.
Currently, Vistara has more than 22 planes and operates around 850 flights every week.
No move yet on delivery of 787s slated for mid-January.
The Tata group may have to deploy upwards of $1 billion to improve the airline's passenger reservation system, upgrade and refurbish Air India's fleet, primarily the wide-body aircraft which are the mainstay for the airline's international operations, people in the know said. While the group has not yet decided on how it intends to integrate Air India with its existing airlines AirAsia India and Vistara, sources said the first task will be to refinance Air India's existing loans, upgrade its aircraft gradually, and rewrite multiple business contracts with vendors and suppliers. "They will have to do 100 things to stabilise the airline and will have to put in a lot of money," DIPAM secretary Tuhin Kanta Pandey said, confirming that many aircraft are grounded.
EasyJet agreed to buy 35 current-generation A320 aircraft and 100 new-generation A320neo jets, with options for a further 100, the airline announced on the second day of the Paris Airshow.
The runways are expected to be made operational for the larger aircraft before the Commonwealth Games in October.
The first government sukuk was listed on the London Stock Exchange as Britain reaffirmed its reputation as the main western centre for Islamic finance. Bahrain chose London to list its second Islamic bond as it sought to encourage more European and conventional investors to buy the paper. The Gulf kingdom listed its first sukuk in Luxembourg in 2004. Significantly, more than 50 per cent of the paper was bought by European investors.
India will be one of the key centres for design and development of the A350 aircraft, European aircraft manufacturer Airbus' answer to the Boeing 787 Dreamliner.
Airbus recaptured the aircraft industry's top spot in the first quarter of 2013 as US rival Boeing fell behind on orders and grappled with the grounding of its newest jet, the 787 Dreamliner.
"Co-developed and verified" by Indian IT major, HCL Technologies, this chip would be integrated into the system data acquisition computer of the aircraft, a top company official has said.
This is the largest single dose of equity infusion into the joint venture since its launch in January 2015.
The CMD's focus on raising employee morale and cutting costs is paying off. The airline's operating losses have shrunk and earnings are looking up
Thirty years ago, he'd introduced himself as Capt Rohan Bhasin to his playschool teacher.
Etihad said it declined to lodge an EoI to reinvest in Jet Airways because of unresolved issues concerning the airline's liabilities.
Market estimates suggest the airline has already totted up Rs 1,800 crore of losses in FY20, and FY21 is expected to see losses in the region of Rs 2,500 crore to Rs 3,000 crore Many in the sector say that Vistara lacks the light-footedness of the airlines with which it competes, reports Anjuli Bhargava.
An additional lease rental of Rs 200 crore on nine Boeing 787 Dreamliners was the reason for ending in the red this quarter, Arindam Majumder reports from New Delhi.
The 2019 Paris Air Show will run until Sunday at Le Bourget Airport.
The national carrier is surviving on a Rs 30,000-crore (Rs 300-billion) bailout package.
Reduction in fuel price was supposed to bring back good luck for Indian airlines. But with the global spread of coronavirus, airlines are being forced to rejig their network, cut flights, and delay launches.
The airline is trying to save on wage costs by cutting the normal notice period of six months by about half for pilots who have already resigned.
The last date to submit bids is March 17 but the deadline could be extended if there are requests from potential bidders.
Air India's home market share has fallen from 19.8% in January to 18% in July.
Former India footballer Gouramangi Singh's wife, Pushpanjali has been airlifting Indians stranded in different parts of the world and bringing them back home amid the COVID-19 pandemic.
The issue had come up during a presentation by the Civil Aviation Ministry.
All passengers were evacuated safely via slides.
The Indira Gandhi International airport and Birmingham Airport signed an MoU to develop further links and formalise a working relationship.