Etihad Airways, the national airline of the United Arab Emirates, has launched its daily services to Mumbai and plans to start thrice-a-week flights from Abu Dhabi to Delhi from December.
The Indian government had given permission for the airlines to operate flights from these destinations, its CEO James Hogan told a press conference in Chennai on Thursday. Once connected to Kolkata and Jaipur, Etihad would have doubled its Indian destinations to eight, ever since it commenced services to Thiruvananthapuram and Kochi last year, before adding New Delhi and the commercial capital of Mumbai.
While the FIPB has sought more transparency on whether the rules concerning effective control would be followed once the deal fructifies, the Finance Ministry has also written to Sebi for a report on the Jet-Etihad deal, official sources said Wednesday.
BJP MP and Janta Part Chief threaten to take the matter to the court.
In the absence of the aviation policy, all decisions in aviation sector are left to the whims and fantasy of the ministry.
Ministry caps number of flights out of Delhi, Mumbai.
Liverpool, beaten by Arsenal on Sunday, lead the table on 51 points from 23 games but City are up to 49 from 22 and Arsenal on 49 from 23.
SpiceJet's resurgence, once the new funding is in place, has the potential to disrupt the Indian aviation market in 2024 as the airline will bring its grounded aircraft back to service and lease as many planes as possible to be competitively relevant, aviation consultancy firm Capa India said on Thursday. "Although the market for procuring aircraft in 2024 is exceptionally tight, we expect that SpiceJet will bring stored aircraft back into operations, and will wet or dry lease as much capacity as possible, in order to be competitively relevant. "This will have a material impact on the industry structure, and possibly on domestic profitability," Capa India said in its report.
Shares of Jet Airways surged 16 per cent to close at Rs 505.7 on Friday on speculation that Etihad Airways might buy 24 per cent in the company.
Arsenal returned to the top of the Premier League with a comfortable 2-0 victory over relegation-threatened Luton Town
Manchester City won an unprecedented fourth straight English top flight title with a 3-1 win over West Ham United.
Anand Sharma said the Rs 2,060-crore Jet-Etihad deal falls in line with new 'control' definition.
Jet settled higher by 2.35 per cent at Rs 623.40 on the Bombay Stock Exchange.
IMAGES from the Premier League match played between Manchester City and Brentford on Tuesday
'We love him, not just for the goals he scores, but for many many other things.'
The apex court issued notices to the Centre, ministries and departments concerned, Jet Airways and United Arab Emirate's Etihad Airways on the petition challenging the deal and sought their responses within four weeks.
Naresh Goyal becomes the country's first airline promoter to receive foreign investment.
Manchester City marched into the Champions League final for the second time in three seasons after outclassing holders Real Madrid 4-0 for a 5-1 aggregate victory.
Abu Dhabi national carrier had bought 24 per cent stake in Jet Airways for $379 million in April.
Rubbishing the allegation that his ministry went out of its way to facilitate the Jet-Etihad deal, Civil Aviation Minister Ajit Singh said he was open to "any inquiry" into the decision to increase air traffic rights to Abu Dhabi.
The move is likely to impact Jet's operations out of Belgium and India.
Will build on its existing strengths. Plans to include more fuel-efficient A-320 N and offer better connectivity.
In the India-US sector, for instance, Air India operates 15 stopover flights between Mumbai and Chicago, and Mumbai and New York
The Jet deal would be the first foreign investment into India's aviation market.
The West Asian carrier could pay up to $330 mn for a 24% stake in Jet, say sources.
Members of Parliament (MPs) across the political spectrum have written to the Prime Minister's Office (PMO) and the Central Vigilance Commission (CVC), seeking a probe into a stake sale deal between Jet Airways (India) Ltd and Gulf-based carrier Etihad Airways.
Manchester City survived a scare to beat FC Copenhagen 3-1 in the first leg of their Champions League last-16 tie at the Parken Stadium on Tuesday, with Phil Foden scoring late to ensure a two-goal cushion ahead of the second leg.
Images from the English Premier League matches played on Saturday, April 13.
Twenty-year-old Conor Bradley scored his first goal for Liverpool and claimed two assists as Juergen Klopp's team moved five points clear at the top
IMAGES from Premier League matches played on Saturday.
Michael Olise scored a stoppage-time penalty as Crystal Palace clawed back from two goals down to draw 2-2 with Manchester City in the Premier League at the Etihad Stadium on Saturday.
Holders Manchester City cruised into the Champions League quarter-finals for the seventh consecutive season with a 3-1 victory over FC Copenhagen.
Swamy also seeks CBI probe against the government officials who had cleared the deal.
Etihad will be able to carve out a strong niche in the Indian market.
In a dramatic turn of events in May 2019, an Emirates aircraft en-route to Dubai was asked to stop while it was taxiing for a take off in Mumbai. The pilot was given no reason and ordered to immediately return to the parking bay. As the aircraft returned to the terminal, two passengers from the first class - Naresh Goyal and his wife Anita - were offloaded by the immigration authorities, who said the duo cannot leave the country. Goyal, founder of Jet Airways, was stunned. The man, who ruled the aviation sector for two and a half decades with an iron hand, did not expect to be offloaded in this fashion.
IMAGES from the Premier League matches played on Saturday.
A summary of Saturday's action in the English Premier League.
Manchester City roared back to the top of the Premier League with a 6-1 thrashing of Bournemouth after Manchester United steadied the ship
IMAGES from the Champions League matches played on Tuesday.
Images from the English Premier League matches played on Sunday night.