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.
Airfares in Indian market are unsustainable, says a senior Boeing official.
As of now, there have been no problems with the aircraft.
The Bengaluru skies dazzled with somersaults and stunts by metal birds.
The last date to submit bids is March 17 but the deadline could be extended if there are requests from potential bidders.
Check out India's schedule on Day 3 of Commonwealth Games.
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.
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.
There is enough room for growth in smaller Indian towns as per US and European aircraft manufacturers
Apart from the Adani group, the Tata group, the Hinduja group, Indigo and a New York-based fund, Interups, are expected to submit EoIs.
The aircrafts were flown to Mumbai for maintainance reasons
Indian badminton team created history on Sunday as they lifted the Thomas Cup trophy for the very first time.
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.
Infighting among pilots might impact Air India's 787 flights
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.
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.
Air India's NY flight has been fitted with modern facilities to ease the long air travel for the passengers.
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.
Scott Bayman cited Indian Airlines' and Air India's purchase of Airbus and Boeing aircraft, respectively, as prime examples of this growing transparency.
In the season of aviation action, Rakesh Jhunjhunwala-backed Akasa Air has secured the crucial no-objection certificate (NoC) from the civil aviation ministry. It expects to start operations next summer. The airline will now have to apply for the Directorate General of Civil Aviation for operations permit. Aviation sector has been in the limelight with the Tata Group winning the Air India bid last week.
'For Indian firms supplying global majors, coronavirus is both a threat and an opportunity.'
$3.6 billion worth of aircraft - by today's prices - are lying idle or are in hangers due to poor maintenance and management
Here's a glimpse of all that happened around the world last week in images.
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.
The Indian duo ran-up a 7-2 lead early on, before entering the break at 11-7. Satwik and Chirag continued to move ahead and eventually grabbed the opening game.
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.
A Mumbai-Delhi air ticket is now available upwards of Rs 3,700 for next day travel on all airlines.
Along with IAF officials, the AAIB will also reach out to experienced private sector executives, meteorologists, and aviation psychologists to be part of the probe.
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.
Captain Sathe was a former Indian Air Force Test pilot. He was commissioned into service in 1981 and served in the force for 22 years.
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.
'Since the government will not hold any significant stake in the airline this time, such restrictions are not required anymore.'
Though NCLT has extended window to find a buyer, bankers don't see much hope of a deal.
Indian carrier Air India has been vindicated by Justice John Major's report on the bombing of Air India flight-182, in which all 329 people aboard were killed after Boeing 747 Kanishka disintegrated off the coast of Ireland.
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