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".
Who is to take their place? Will a new generation of entrepreneurs start up with better business sense, or at least better luck? But the so-called unicorns are mostly copy-cat entrepreneurs whose cash flow is funded by overseas (including Chinese) money, notes T N Ninan.
Amid continuing uncertainty over the fate of the national carrier, an official said there is also need for funds to restart operations of 12 grounded narrow-body planes.
The agreement received post-facto approval of the Union Cabinet at a meeting chaired by Prime Minister Manmohan Singh in New Delhi on Tuesday evening. The accord would allow the designated carriers of India and Abu Dhabi to have 50,000 seat-capacity each week.
In India, many players are in the throes of chaos and pain but at least one partnership -- Air Asia India -- that was fraying even before the pandemic now finds itself at breaking point, says Anjuli Bhargava.
Indigo, Air India, Spicejet, GoAir, Jet Airways and Vistara put Diwakar Reddy under no fly list.
The government is keeping its options open.
The national carrier's market share has declined from a near-monopoly to 16.6 per cent as of September 2014.
About 350 Boeing 737 Max 8 are currently in service with airlines around the world, with thousands more on order. Boeing insists it has no reason to pull the popular aircraft from the skies.
The controversial 5/20 rule required an airline to have five years of domestic operations and 20 aircraft in its fleet to be able to fly abroad.
Indian airlines on Wednesday began evacuating stranded people from flood-ravaged Jammu and Kashmir with Air India flying back 270 passengers free, as DGCA asked them to cap total fares including taxes on Srinagar-Delhi and Leh-Delhi sectors at Rs 2,800 and Rs 3,000 respectively.
Investment bankers handling the IPO had said marquee global investors made big-ticket applications.
Captain Indu Nair, joined a private airline after her tenure as a pilot in the Indian Air Force ended five years ago. Among the first batches of women pilots in the IAF, she flew during the Kargil conflict. As a commercial airline pilot, one of her best experiences, she says, is when she takes off with an all woman crew - in the cockpit and the cabin.
The airline company blames change in regulations after 100 of its cockpit crew found flying without valid simulator check.
Vistara has fine-tuned strategies to tap the elite class and Jet Airways may lose out on market share in times to come.
Fliers may have to shell out more with the government mulling to impose a two per cent cess on air tickets
Sources in the know confirmed Vistara, the joint venture between Tata Sons and Singapore Airlines, had booked six slots at the airport in New Delhi, adding it was ready to fly once it secured the government's nod.
Jet airways crew member Chaphekar recalled her experience of how she survived the horrible attack and her determination and courage not to give up when things were falling apart.
About 350 Boeing 737 Max 8 are currently in service with airlines around the world, with thousands more on order. Boeing insists it has no reason to pull the popular aircraft from the skies.
The Delhi high court on Friday directed the civil aviation regulator to deregister planes leased to Go First within five working days, giving respite to the lessors. This means that the airline will have to give back all 54 aircraft to the lessors if its resolution professional (RP) does not challenge the order or ask for a stay. Justice Tara Vitasta Ganju also refused the request of the RP, represented by advocate Diwakar Maheshwari, to keep the operation of the order in abeyance for a week to enable them to file an appeal before the division Bench of the court.
Air India on Thursday increased the fuel surcharge component in fares on several routes.
Waiting time for customs, immigration clearance cut drastically; Jet-Etihad alliance to get competitive advantage
The 16-hour flight will be the first direct one from India to the US west coast.
Sanjive Narain, owner of Assam's oldest news channel, and Sanjay Aditya Singh, promoter of a cabin crew training academy, are coming together to launch a regional airline providing business and premium economy services in the Northeast. Jettwings Airways will be based in Guwahati and will connect places with twin-class Embraer E175 aircraft. The airline has secured an initial no-objection clearance from the civil aviation ministry and plans to launch services in October.
The objects were promotional balloons filled with gas, launched by the event management company to advertise its client.
India may make peak-time allocation of airport slots for its airlines an essential part of any bilateral signed in future. Arindam Majumder reports.
No-frills carrier SpiceJet is in active discussions with Singapore-based budget carrier Tigerair for a possible stake sale even as they are set to sign a code share agreement soon.
A UN team had visited the Patna airport and expressed concerns.
We hope this information can help you save and trigger more money saving ideas in your mind.
The ministry has also asked that the cap of such borrowings is to be set at $500 million (Rs 3,450 crore) for a single company and $1 billion (Rs 6,900 crore) for the entire sector.
The company expects four to five per cent revenue growth from Star Alliance membership.
Royal Airways Limited is recruiting air hostesses, flight stewards and senior flight attendants for its soon-to-be-launched airlines SpiceJet.
Scores of new airports have been built around the country but many are yet to open because airlines do not see sufficient demand as ticket prices are too high for the majority Indians
Asserting that it was a small conflict, Gaikwad said the staff member of the airline is mad and around eight such cases of indulging in a brawl have been registered against him.
Commercial aviation is safe because the crew is paid well and trained extensively for contingencies
Besides malls and high-street stores, there's a rush of discounts while you are flying or holidaying in fancy hotels.
Though India's airlines are certainly bleeding, they haven't yet faced the ignominy of shutting down.
Majority of India's international routes have been captured by foreign airlines.
The ministry is considering as many as 15 options to replace the controversial rule.
The biggest challenge is not the airline's debt, but downsizing its 16,800 employees, says Surajeet Dasgupta.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances