Jet Airways is undergoing insolvency proceedings and at least three entities have put in initial bids for the carrier.
It is also felt that under the current market conditions, the building is unlikely to garner the kind of funds expected from a prime real estate at Nariman Point
The DGCA pointed to cracks on the runway, water stagnation and excessive rubber deposits among other lapses in its show-cause notice. The DGCA conducted the inspection after an Air India Express flight coming from Dammam in Saudi Arabia had a 'tail strike' while landing at the Calicut (Kozhikode) airport on July 2 last year, an official said.
SpiceJet strts trimming workforce.
In an internal communication to airlines' employees, he reflected on the urinating incident to say that "the repulsion felt by the affected passenger is totally understandable and we share her distress.
The Rashtrapati Bhavan has come out with a communiqu announcing distribution of portfolios of the ministers sworn-in on Monday in Prime Minister Narendra Modi's council of ministers:
A Qatar Airways Delhi-Doha passenger plane was diverted to Karachi on Monday after it declared an emergency due to indication of smoke in the cargo hold, the airline said.
The new owners of Air India will have to retain all the employees of the national carrier for at least one year post which they can offer a VRS. The gratuity, pension fund and post retirement medical benefits of existing and past employees too would be honoured by the new owner, civil aviation secretary Rajiv Bansal said. Tata Sons has emerged as the winning bidder for Air India with the government accepting its Rs 18,000 crore offer to acquire 100 per cent of the debt-laden state-run carrier.
It couldn't be immediately ascertained whether he has partnered with any entity or airline for the bid.
Against the backdrop of objections by some MPs, Civil Aviation Minister Ajit Singh on Tuesday strongly defended the Rs 2,058 crore (Rs 20.58 billion) Jet-Etihad deal, saying those opposing it were "long on politics and short on facts".
Eight new cases of the Omicron variant of coronavirus were reported in Maharashtra -- seven of them in Mumbai -- and none of the patients had a history of international travel, the state health department said on Tuesday.
The US has ordered Tata-group owned Air India to pay a whopping $121.5 million as refunds and $1.4 million as penalties for extreme delays in providing refunds to passengers due to the cancellation or change in flights, mostly during the pandemic, officials said. Air India is among the six airlines that have agreed to cough up a total of over $600 million as refunds, the US Department of Transportation said on Monday. Air India's policy of "refund on request" is contrary to the Department of Transportation policy, which mandates air carriers to legally refund tickets in the case of cancellation or change in flight, officials said.
Amid growing concerns over the spurt in COVID-19 cases in China and some other countries, Health Minister Mansukh Mandaviya said the focus is to ensure that no unknown variant of the virus enters India and at the same time there is no impediment to travelling.
There is no official announcement yet on the fate of the 123 passengers and nine crew members as hopes receded about finding any survivors, considering that the plane crashed and exploded in a mountainous area.
Indian customers will have wider travel options as airlines introduce new flights from the end of March. While Malaysian Airlines and Turkish Airlines are resuming passenger flights to India after a gap of two years, Air France-KLM and Lufthansa Group will scale up their existing service in a graded manner in the summer schedule. Emirates, the largest foreign airline operating in India, too, is looking to restore its pre-Covid-19 schedule of 172 flights per week.
According to officials, more clarity might be required with regard to foreign fund managers in the context of Air India divestment.
The amount of money lying unclaimed with the Life Insurance Corporation of India dwarfs the budgets of many ministries. There was Rs 21,539.5 crore which lay unclaimed with India's largest insurance company, according to details in the initial public offer (IPO) document it filed over the weekend. The regulatory documentation is ahead of LIC selling shares to the public through the stock exchange for the first time this financial year. This will be India's largest ever public listing.
Ashwani Lohani is presently working as Managing Director of Madhya Pradesh Tourism Development Corporation in Bhopal.
Tata Sons has emerged as the top bidder for the takeover of debt-laden State-run airline Air India but the bid is yet to be approved by a group of ministers headed by Home Minister Amit Shah, sources said.
Strengthening the portfolios of the home minister and the finance minister is a message that should not be missed, points out A K Bhattacharya.
After more than two decades and three attempts, the government has finally sold its flagship national carrier Air India, and it is deja vu for Maharaja as it returned home to its founding father the Tata group. Jehangir Ratanji Dadabhoy (JRD) Tata founded the airline in 1932 and named it Tata Airlines. In 1946, the aviation division of Tata Sons was listed as Air India, and in 1948, the Air India International was launched with flights to Europe. The international service was among the first public-private partnerships in India, with the government holding 49 per cent, the Tatas keeping 25 per cent and the public owning the rest. In 1953, Air India was nationalised and for the next over four decades it remained the prized possession for India controlling the majority of the domestic airspace.
Hundreds of BJP workers who had gathered outside the complex cheered when Parrikar arrived.
The airline is strengthening its flight operations department to make this happen.
The Election Commission will hold the 2019 general election under Arora .
The central government said the railways and civil aviation ministry must suspend all concessional travel on trains and flights, except for students, patients and disabled people.
Stalin still enjoys a lot of sympathy and empathy as someone wishing well for the state, but not full-throated support as in 2019 and 2021, notes N Sathiya Moorthy.
Civil Aviation Minister Ashok Gajapathi Raju has sought an independent probe by the Directorate General of Civil Aviation after a video surfaced on Tuesday showing an IndiGo ground staff brawling with passenger Rajeev Katiyal at the Delhi airport last month.
Jet's staff strength stands whittled down to around 4,000, with many former employees having joined airlines in India and abroad.
Security of tenure is important for a bureaucrat to work efficiently. There has to be some rationale behind posting a bureaucrat to a particular department, says former cabinet secretary T S R Subramanian
Passengers holding confirmed RT tickets on Jet Airways will be allowed to avail special stranded passenger fares from the destinations common with Air India.
The Centre said that there was no legal provision to declare a disaster as a national calamity, amid demands for declaring the floods as a national disaster.
The DGCA is conducting special audit of all airlines and airports which are in monsoon-affected areas in the wake of multiple landing incidents across the country.
His tenure will end in December this year.
These could include strengthening the public-private partnership (PPP) dispute resolution mechanism, uniform PPP institutional framework, easier terms for infrastructure companies accessing bond markets, and tax sops, Business Standard has learnt. Investment in infrastructure projects with high multiplier effect has been the Centre's main plank to revive the economy, create employment and boost consumption.
Briefing reporters on her visit, state Finance Minister Amit Mitra said the Singapore Foreign Minister K Shanmugam has invited Banerjee to improve relations and she has accepted it.
A day after the first Ebola case was reported in India, Health Minister J P Nadda on Wednesday said arrangements similar to the one at Delhi airport, which helped detect the virus in a man returning from Liberia, have been put in place at 24 airports and stressed the situation was under "complete control".
A meeting chaired by Cabinet Secretary Rajiv Gauba reviewed India's preparedness to deal with the virus amid mounting global concern over increasing number of cases in China and several other countries.
Initial reports say the pilots had asked for a change in route (it was flying to Singapore) because of adverse weather.
Fifteen Cabinet ministers and 28 Ministers of State were sworn-in by President Ram Nath Kovind at a ceremony at Rashtrapati Bhavan on Wednesday evening.
Even a rump Air India could not hope to get away with the shoddy service and scrappy fare for which I paid nearly two lakh, complains Sunanda K Datta-Ray.
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