PM Modi met in person and interacted with the badminton squad
On Monday, the fifth Air India flight landed in Delhi from Bucharest with 249 Indian nationals while the sixth flight arrived from Budapest here with 240 Indian nationals, the officials said.
National carrier Air India will have two maintenance, repair and overhaul facilities for its aircraft, one in Nagpur and the other in Delhi.
The sharp correction in equity markets has taken a toll on mid-and-small cap stocks that have underperformed their large-cap peers. Thus far in calendar year 2022 (CY22), the mid-and-small cap indexes on the BSE have slipped over 8 per cent and 7 per cent respectively, as compared to a fall of around 6 per cent in the S&P BSE Sensex. While investors dumped mid-and small-cap stocks as the markets remained choppy over the past few weeks, analysts still expect these two segments to see good investor interest from a medium-to-long term perspective.
The market, however, reacted negatively to SpiceJet's announcement and the company's stock dropped by 0.87 per cent as analysts became wary of diversion into a new business during a high fuel price environment.
As of now, there have been no problems with the aircraft.
One of the arrangements the Indian government is considering is a tie-up with a sovereign fund to finance the Embraer deal.
Airfares in Indian market are unsustainable, says a senior Boeing official.
Opening up India's market to neighbouring countries can be as strategic as access denial to others. The game should be played both ways, even if it upsets domestic business lobbies, observes T N Ninan.
SpiceJet, India's second-largest private airline, kicked off the process of hiving off its logistics business to its subsidiary SpiceXpress as it looks to raise much-needed capital. On Tuesday, the company sought its shareholders' approval to complete the process and to raise up to Rs 2,500 crore via a qualified institutions placement (QIP). It is in talks with multiple private equity investors as it tries to sell shares in the logistics arm to raise money.
The Bengaluru skies dazzled with somersaults and stunts by metal birds.
Check out India's schedule on Day 3 of Commonwealth Games.
Air India's 125-aircraft fleet includes brand new Boeing and Airbus planes including B777, A321, A320 and A319.
The Indian government allowed foreign airlines to buy up to 49 per cent stakes in Indian carriers in September 2012.
The last date to submit bids is March 17 but the deadline could be extended if there are requests from potential bidders.
The total cost will include expenses related to crew, fuel, navigation, landing and parking charges.
There is enough room for growth in smaller Indian towns as per US and European aircraft manufacturers
The national carrier, which is operating flights to evacuate Indians stranded in foreign countries, have asked its pilots to undertake coronavirus test before they operate such flights.
Vistara has filed for slots at the Delhi airport and is also training pilots as it prepares for operations. The Delhi-London flight is being planned from mid-August, while services to Paris and Franfkurt would be launched later.
The aircrafts were flown to Mumbai for maintainance reasons
US Exim Bank has agreed to extend guarantee for up to 85 per cent of the $7.2 billion (Rs 33,500 crore) loan that Air India requires for replenishing its fleet with 68 new aircraft from Boeing Co.
Air-India has issued tenders to dry-lease two to four Boeing 747-400 combi aircraft for its own long-haul operations and another eleven Boeing 737-800s for its new subsidiary, Air-India Charters Limited.
As more than 40 per cent of the world's airline traffic will begin, end, or take place within the region, 8,960 new commercial jets valued at approximately $1.1 trillion would be required over the next 20 years, Boeing Commercial Airplanes vice president, marketing, Randy Tinseth, said.
Infighting among pilots might impact Air India's 787 flights
Air India's NY flight has been fitted with modern facilities to ease the long air travel for the passengers.
Apart from the Adani group, the Tata group, the Hinduja group, Indigo and a New York-based fund, Interups, are expected to submit EoIs.
Scott Bayman cited Indian Airlines' and Air India's purchase of Airbus and Boeing aircraft, respectively, as prime examples of this growing transparency.
India on Monday signed a nearly USD 3 billion (around Rs 198 crore) deal for purchase of 22 Apache attack helicopters and 15 Chinook heavy-lift choppers with American aviation giant Boeing and the US government.
The Trump regime has informed the Congress that it 'strongly supports' transfers of F-18 and F-16 fighter proposals put forth by Boeing and Lockheed Martin respectively.
Pompeo will travel to India, Sri Lanka, Japan and South Korea from June 24 to 30. His four-nation is aimed at deepening US partnerships in the strategic Indo-Pacific region.
Commercial operations of the largest aircraft, Airbus A-380, will begin in India from May 30, with Singapore Airlines on Monday announcing it would start daily flights of the superjumbo to Mumbai and Delhi from then.
According to civil aviation ministry records, there were 340 foreign pilots employed by airlines and charter companies in India as of December 2012. It said the number of foreign pilots in India had reduced from 526 in 2011 to 340.
'For Indian firms supplying global majors, coronavirus is both a threat and an opportunity.'
Air-India is to launch a new subsidiary airline with 25 per cent lower fares with leased Boeing 737-800 aircraft from April next year.
$3.6 billion worth of aircraft - by today's prices - are lying idle or are in hangers due to poor maintenance and management
A Mumbai-Delhi air ticket is now available upwards of Rs 3,700 for next day travel on all airlines.
Here's a glimpse of all that happened around the world last week in images.
Air India has put all its newly-acquired Boeing 787-8 Dreamliner planes for sale and leaseback and invited bids from prospective lessors by February first week, even as all of these aircraft remained grounded across the world.
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