The airline dropped fares to gain customer load, but failed to cover the cost of its flights
The decision comes hours after an A320 neo aircraft of IndiGo suffered engine failure mid-air and made an emergency landing at Ahmedabad airport.
The black boxes from the downed Malaysia Airlines in eastern Ukraine arrived in the UK on Wednesday for expert analysis by air accident investigators.
'I will be happy when Indians will get to see a plane made by an Indian taking to the skies.'
Amber Dubey explains why India needs to stop blocking competition if it ever wants to become the top aviation market.
The first to take off will be Air Pegasus, promoted by Bengaluru-based ground-handling firm Deccor Aviation.
'India placed the order, primarily due to the IAF's 'critical operational necessity'.' 'The complexity of the IAF's requirements delayed the process for months.' 'It is these requirements which cannot be made public.' 'Can you image Indian politicians publicly discussing the pros and the cons of such military equipment?' 'It would provide India's enemies with indications about the IAF's tactical plans in case of a conflict.' 'It is crucial that they should remain secret to protect India's defence preparedness,' explains Claude Arpi.
Lessors of SpiceJet have in panic taken back some aircraft but if they see fresh investors coming in and taking charge, they are likely to relent and return the planes.
Suspected floating debris of the Malaysian jet may have sunk in a remote part of southern Indian Ocean as a multination team failed to spot them, dashing hopes of a breakthrough in locating the aircraft which mysteriously disappeared two weeks ago.
SAAB's Sea Gripen constitutes a new option as the INS Vikrant's light fighter
Given the cost structure in the country, it won't be easy for AirAsia to offer 'Nano' fares and still make money.
Altigreen's hybrid engine will help make cars more fuel efficient and the air we breathe cleaner.
The IAF has just 33 squadrons, 9 short of the 42 squadrons needed to tackle China and Pakistan together, says Ajai Shukla.
'It appears that Prime Minister Modi has to undo 50 years of State monopoly in the defence sector during which public undertakings like HAL or DRDO monopolised defence production and development with disastrous consequences.'
'IAF is expanding at a rapid pace'
But the Abu Dhabi-based airline would first bolster its own network with traffic from India before Jet's turnaround.
Many app makers have stopped work on their projects or abandoned them, mostly because of the lack of customers or limitations of the device.
Companies world over have to confront unprecedented factors that can cause losses.
'Under the present Defence Procurement Procedure, it would have been a nightmare, and a long, long one at that, to build 108 Rafales in India. Modi realised this and took the wise decision, though it is a definitive setback for his Make in India scheme.'
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