Kingfisher Airlines, owned by liquor baron Vijay Mallya, has run up a debt of Rs 4,000 crore. The airline, which is merging with Deccan Aviation, is understood to have a top line of around Rs 3,000 crore and is expected to make losses of Rs 900 crore on a yearly basis. This is in addition to the losses of around Rs 650 crore suffered by Deccan Aviation.
According to the Directorate General of Civil Aviation's recent announcements, most airlines except Deccan, SpiceJet and Jetlite had claimed that they had adequate CAT III-compliant pilots. While Jet claimed it had more than 50 CAT III-compliant pilots, the airline could make no landing under CAT III conditions today.
Southern India's Deccan region has been surveyed as having one of the richest deposits of the yellow metal.
The US Federal Aviation Administration has yet to certify Epic's planes. The company manufactures private business jets with single and twin engines, capable of carrying six to seven people.
He came to do one job but finds himself doing another. He came to work with a certain set of people and finds himself working with quite another. That's the piquant situation in which Ramki Sundaram, the 38-year-old officiating chief executive officer of SimpliFly Deccan finds himself today.
The incident took place as the pilot of the Delhi-bound Spicejet flight noticed the parked Bangalore-bound Air Deccan aircraft on the same runway, while moving to take-off. Sensing trouble she applied brakes well before the wings of her plane came in contact with that of the other flight, airport sources said.
RCB's Director of Cricket Operations Mike Hesson said the plan of the franchise in the auction was to look at players that will combine well with the retained squad.
'We are dealing with a size of the world that equaled England and France combined. We are talking about 250 years of history.' Sultans of Deccan India, 1500-1700: Opulence and Fantasy -- a first of its kind exhibition anywhere in the world -- opened at the Met, April 20. Aseem Chhabra spoke to Navina Haykel, the curator of the show.
Earlier this year, Kingfisher Airlines had acquired 26 per cent stake in low-cost carrier Deccan Aviation for Rs 550 crore (Rs 5.5 billion). The company also made an open offer for another 20 per cent stake in Deccan Aviation. The open offer was oversubscribed. It received bids for 35 million equity shares against the issue size of 27 million shares.
Captain Gopinath's dream of making every Indian fly will now remain just that. But this will rise to another: Mallya's dream of making Kingfisher one of the world's top airlines.
Budget carriers like Air Deccan, SpiceJet, IndiGo and GoAir are making key appointments, especially in the positions of chief finance officer, chief executive officer, while some airline executives are on their way out.
The emperor's appetite for enlarging his realm translated into a fetish for raising taxes, despite the simplicity of his personal lifestyle, points out Devangshu Datta.
The last edition of the 14-year-old morninger, which had already stopped from Delhi and other centres earlier, will come out on Thursday from Mumbai and Ahmedabad, the broadsheet owned by Zee group's Subhash Chandra's Essel group said.
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.
Count among The Light of Asia's many, many admirers over 132 years: Gandhi, Tagore, Vivekananda, Nehru and Ambedkar, Tolstoy and Kipling, Yeats and Eliot, Alfred Nobel, Dmitri Mendeleev and C V Raman. Jairam Ramesh reveals why he decided to write a book on Edwin Arnold, who wrote The Light of Asia.
The Bad Boy Billionaires series has a lot in common: The three billionaires' hefty ambition, dangerous arrogance and untrammeled power, observes Dhruv Munjal.
Air Deccan is offering 2,00,000 tickets priced at Rs 2 each.
Power outage at Eden, Rana blames his dismissal on it
Air Deccan is offering for 300,000 tickets priced at Rs 9 each.
Air Deccan has opened bookings across select sectors on over 150 flights for 50,000 tickets priced at Rs 999, including taxes.
Aviation stocks - Jet Airways, Deccan Aviation, SpiceJet and Jagson Airlines - closed at their 52-week highs on the Bombay Stock Exchange on Tuesday in falling market. All the four stocks gained between 5 per cent and 20 per cent on Tuesday.
Air Deccan is offering for 300,000 tickets priced at Rs 6 each.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Former India seamer Manoj Prabhakar has applied for the women's national team coach's job
Air Deccan has opened bookings across all its ATR sectors for travel between September 1 and October 29, 2006.
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.
Air Deccan is looking for qualified professionals to fill various positions across the country.
Gautamiputra Satakarni is expected to release in January.
Air Deccan will introduce a new service from between Pune-Ahmedabad from November 2.
Air Deccan will introduce a new service from between Mumbai-Bhubaneswar from February 1.
Air Deccan is offering for 300,000 tickets priced at Rs 3 each as part of its third anniversary celebrations
India's aviation industry is not moving towards profitability any time soon
Air Deccan has opened bookings on all Airbus sectors for travel between July 1 to August 31.
Air Deccan is offering special monsoon fares for travel in the month of July.
Air Deccan is recruiting Air Hostesses, Managers -Customer Relations, Executives - Customer Relations, Aircraft Appearance Managers and Aircraft Appearance Executives.
The BCAS had last month issued an order asking airlines to allow passengers to carry up to 100 ml of liquids and gels in a separate bag, while retaining the prohibition of carrying such items in hand baggage.
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