The civil aviation ministry received 20 applications and it granted NOCs to sixteen companies between 2009 till now
This was good enough for Fernandes to hire Chandilya to lead his India business.
Phee Teik Yeoh, who has returned to the SIA HQ in Singapore worked hard to make Vistara the airline of choice. New CEO Leslie Thng would have the job of cutting losses while going international.
The slot constraint in Indian airports is also going to play a role in pushing airlines to have wide bodies.
Scholarships, sports and spirit define Phee Teik Yeoh, the new CEO of Vistara in India
Justice Naveen Chawla disapproved of Kamra's behaviour on the flight and said it 'cannot be permitted on an airline'.
Dispute arose as Indian carriers objected to Emirates flying passengers beyond Dubai, and Dubai authorities complained that Indian airlines have been flying more flights than allocated to its carriers.
This is the third instance in the last three days when the aviation regulator grounded a plane after an incident.
Foreign carriers to pick up staff from cash-strapped SpiceJet.
Air India and IndiGo have already suspended Kamra from flying until further notice and six months, respectively.
This is the third incident of technical malfunction on a Go First aircraft in two days.
According to aviation industry sources, around 630 domestic flights of Monday were cancelled due to the Centre's Sunday night announcement that there would be no flights in West Bengal and Andhra Pradesh, and limited operations at major airports such as Mumbai, Chennai and Hyderabad.
If that happens, Jet Airways will be the first bankrupt airline which will be revived under the Insolvency process.
A signature cocktail of on-time performance, clean aircraft and good on-board service has helped India's youngest airline become the largest.
Domestic air passenger volume spiked 70.46 per cent in October to 89.85 lakh over the same month of 2020, DGCA data showed on Thursday. The Indian carriers had flown 52.71 lakh passengers in October last year. It may be recalled that domestic traffic along with international flight services remained shut for two months until May 25, 2020, when scheduled air services were resumed in a graded manner.
'These are people whom very few give importance and they were doing a mammoth job for the nation.'
Kingfisher and IndiGo started roughly around the same time, yet the former has total losses of Rs 6,000, while the latter is India's most profitable airline. How did this happen?
In March 2020, soon after the cessation of airline operations globally and domestic flights within India, many in the aviation sector had written Delhi-headquartered low-fare airline SpiceJet's obituary well before that of most of its rivals. Unlike IndiGo, GoAir (now rechristened Go First), Vistara and even AirAsia India, SpiceJet did not have founders or backers with deep pockets. Although it is the only other listed carrier in India besides IndiGo, it was considered the weakest and the least likely to survive the pandemic. But chairman and managing director Ajay Singh surprised everyone by not only surviving but taking the lead on many fronts. Within a few weeks of the scheduled flight stoppage, SpiceJet was doing as many charter flights as it could get hold of.
Planemakers have started pitching their latest aircraft to a privatised Air India which has been acquired by salt-to-steel conglomerate Tata Sons. European aerospace major Airbus on Monday said that it is in talks with the airline to sell its long haul aircraft Airbus A350-900. The wide-body aircraft is capable of flying non-stop between India and United States- one of the most popular and revenue generating routes.
A video clip of the scuffle inside the aircraft was shared widely on social media on Wednesday. In the clip, a man could be seen being slapped multiple times by a few co-passengers.
Reduction in fuel price was supposed to bring back good luck for Indian airlines. But with the global spread of coronavirus, airlines are being forced to rejig their network, cut flights, and delay launches.
Market estimates suggest the airline has already totted up Rs 1,800 crore of losses in FY20, and FY21 is expected to see losses in the region of Rs 2,500 crore to Rs 3,000 crore Many in the sector say that Vistara lacks the light-footedness of the airlines with which it competes, reports Anjuli Bhargava.
A passenger called Himadri Barman tested positive on Tuesday, and Nagendra Singh tested positive on Wednesday, said the director of Netaji Subhash Chandra Bose International Airport.
Jet is the largest player in the Mumbai airport, with over 110 domestic slots and 30 international slots from the city.
The market buzz is that the GoAir promoters are hoping for a valuation that is at least a little more than double its closest rival SpiceJet.
Ace stock market investor Rakesh Jhunjhunwala, often referred to as India's own Warren Buffet, passed away at the age of 62.
India has evacuated at least 670 Indian nationals from Sudan and is looking to rescue more of its citizens from the strife-torn African nation before the end of a tenuous ceasefire between the regular army and a paramilitary force.
When the staff member politely asked him to be civil and not use such language, he started shouting even louder and used abusive words.
Ace investor Rakesh Jhunjhunwala on Thursday said real estate developers are afflicted with very low return on capital as compared to bluechip stocks. Jhunjhunwala, who runs RARE Enterprises and is set to be a major shareholder in an upcoming airliner, said only the affordable housing developers can look at listing because of the volumes which they can deliver. It can be noted that very few developers like Macrotech Developers formerly Lodha, and DLF are listed on the bourses. Jhunjhunwala cited the case of DLF, saying the stock price plummeted to Rs 80 from Rs 1,300 per piece to illustrate the risks associated.
The operations at the country's second busiest airport had witnessed heavy disruptions on Wednesday as rains crippled the city.
Low-cost carriers SpiceJet and IndiGo were two of the main traders of aviation turbine fuel (ATF) at the Multi Commodity Exchange of India (MCX), which started trading of ATF futures on Monday, market sources said. Around Rs 34.8 crore worth of ATF was traded till five on Monday evening.
DGCA said there are 13 aircraft in the airline's fleet in which both the PW engines have been used for more than 3,000 hours.
One reason is that airlines have ramped up capacity and expanded their presence in tier-II markets. The first of a three-part series analyses how the aviation industry is an outlier in the midst of an overall economic slowdown.
Airlines say that they are keeping their fingers crossed for December - another peak period - when, based on current bookings, the air fares for those who buy early are more or less in line with last year.
A major mishap was averted on Wednesday when the wingtips of two aircraft -- one of them taxiing and the other on the verge of takeoff -- touched each other at the Mumbai's Chhatrapati Shivaji International Airport in Mumbai.
The selection gives a boost to the US engine firm, which lost out to rival manufacturer CFM International for IndiGo's 280 aircraft engine order in June.
Uttam Ghosh offers his take on the decisions of airlines banning stand-up comedian Kunal Kamra for his alleged heckling television journalist Arnab Goswami aboard a flight on Tuesday.
Domestic air traffic clocked slowest growth in 4 years on high fares and flight cancellations.
A free and open aviation market, where the government keeps the interest of consumers higher than saving any airline.
'The pay cuts have been very tough on those with entire families to support.'
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