SBI, the country's largest lender, had recently issued public auction notices to sell Gopinath's pledged properties
In the previous decade, the government, with Praful Patel as the civil aviation minister, saw the introduction of an irrational 5/20 policy.
In the 42 months since Air Deccan became a credible and stable challenger to the erstwhile ruling triumvirate of Jet Airways, Indian Airlines and Sahara, the new entrants have garnered about 44 per cent of share of the market.
According to the figures for January, budget carriers alone -- such as SpiceJet, GoAir, IndiGo, apart from Deccan -- have 34 per cent share of the market. A year ago, the figure was only 20.8 per cent.
New Delhi District Consumer Disputes Redressal Forum, presided by C K Chaturvedi, asked the company to pay Rs 45,792 to Delhi-based family comprising Sandeep Sharma, Navdeep Sharma, Monika Sharma and Poonam Sharma.
19 per cent of all travel in India (by bus, train or air) was pilgrimage or religious travel (possibly the single largest after business and family-related travel), discovers Ambi Parameswaran.
Kingfisher Airlines Ltd has been directed by the Delhi High Court to pay Rs 52.61 lakh to a pilot.
The recent spate of technical glitches in aircraft has prompted the Directorate General of Civil Aviation (DGCA) to issue an order on July 18, making aircraft maintenance engineers (AMEs) with category B1/B2 licences the final authorities in certifying planes. This has put the spotlight on the availability of such personnel. According to the order, airlines were resorting to frequent one-off authorisation by the Category A certifying staff at transit stations, which is not in line with existing regulatory provisions.
Ten years after Kingfisher Airlines was grounded, its former employees continue to wait for their dues. On Monday, the Supreme Court awarded a four-month sentence to the grounded airline's flamboyant owner Vijay Mallya in a contempt case. The apex court also ordered him to deposit $40 million plus interest in four weeks to avoid attachment of his properties.
Pricey jet fuel, an over-ambitious expansion plan and a flawed partnership strategy have grounded the Captain's latest venture.
Analysts say mergers by India's airlines have not been successful so far because of their objectives: it's to either kill competition or acquire flying rights to fly international.
Jayanth Pooviah, director and chief executive officer of Deccan Charters, confirmed the development.
We live in hope that India and its airlines might finally grow up, notes Anuli Bhargava.
SpiceJet, IndiGo, Jet Airways, Alliance Air, and Turbo Aviation are among the operators that have bagged the routes in the third round.
Charters, Udan flights choking Mumbai airport; MIAL may shift general aviation to Navi Mumbai once the airport is ready
Agra, Shimla, Nanded, Kanpur and Jamshedpur are among the many airports that would see connectivity under Udan.
The Rs 2,058 crore (Rs 20.58 billion) deal between Jet Airways and Etihad Airways will benefit passengers, as increased competition will bring down air fares, aviation sector experts said.
Even low cost carriers IndiGo, Paramount Airways are now in talks to join the Jet Airways-Kingfisher Airlines alliance to cut costs. After Kingfisher took over Air Deccan, fares have gone up steadily. Other low cost carriers have also hiked fares.
Second deal in 4 months after tie-up with RIL for cargo airlines.
During the checks on the Cessna aircraft registered with Business Jets India, the DGCA found that the pilots in command did not have necessary training certificates.
Air Deccan, India's first low-cost airline that made flying affordable for the middle class, is relaunching its operations from December 23.
For Jet's revival, Mr Jalan should be on the scene long enough for everyone to get to know him, appreciate his skills, and not vanish into thin air within a matter of months or even weeks, observes Anjuli Bhargava.
The Directorate General of Civil Aviation will examine issues relating to domestic airlines tying up with foreign carriers and setting up companies abroad to start international operations.
The Mumbai airport has decided not to allow additional flights this summer, thanks to infrastructure bottlenecks. This is likely to spoil the expansion plans of all carriers, including private players like Kingfisher, Simplifly Deccan and Jet Airways. However, airlines have been allowed to re-apply for additional flights as & when they get delivery of new aircraft during the summer. Kingfisher had to shelve 11 additional flights out of Mumbai while Deccan has rescheduled too.
The decision was taken after Prime Minister Narendra Modi announced that the lockdown across the country will be extended till May 3 to fight the coronavirus pandemic.
Getting more people to fly with you seems to extract a high cost, as pioneer Gopinath learnt and full service carriers rediscover.
'Our focus is not going to be metro to metro routes.' 'We will begin by focusing on metro to non-metro (routes).' 'Metro to tier-2 cities or tier-3 cities is where there is a lot of space for affordable, efficient carriers.'
Launching a new concept in the Indian aviation scene, Air Deccan on Monday announced a strategic tie-up with Hindustan Petroleum to sell tickets of the 'no frills' airline at HP retail outlets across the country.
Only 9% of passengers on such airlines are first-timers: CAPA survey.
Vistara has entered a country that has been sobered down to reality.
Sri Lanka will permit three domestic airlines to launch flights to India before they are allowed to operate on other international routes, the Civil Aviation Authority said on Tuesday.
India remained the world's fastest growing domestic aviation market with 51 straight months of doubled-digit traffic growth but the woes of passengers as well as carriers manifested in myriad forms.
Civil Aviation Minister Praful Patel said on Wednesday that the impasse between the Congress and the Nationalist Congres Party over formation of government in Maharashtra will end on a positive note by Thursday.
VRL investors have punished the stock for his move, but Sankeshwar is defiant.
After rationalising flights and routes, major domestic airlines like Kingfisher, Jet Airways and SpiceJet are introducing sharp cutbacks in staff and salaries to cope with slower passenger growth and rising aviation turbine fuel costs. Manpower typically accounts for 10-15 per cent of an airline's total costs.
The firm has bought three choppers from Airbus.
Boeing 737 MAX planes were globally grounded in March 2019, after two of these crashed within five months, raising safety concerns.