Management and leadership changes, in addition to synchronising operations between all its airlines, are showing visible results for Air India. Data from the Directorate General of Civil Aviation (DGCA) show that there has been a marked improvement in key operational parameters of Air India after the Tata group took complete control of the national airline in January. One of the most dramatic improvements has been noticed in Air India's passenger load factor (PLF) - a crucial metric of capacity utilisation of an airline's fleet that shows how many seats it has been able to fill on every flight.
The acquisition will give the Tatas a firm footing on international routes and generate economies of scale.
Jet Airways remains the number one airline serving foreign routes.
The decision has been taken after Kamra was found 'guilty' for alleged misbehaviour by an internal committee of IndiGo, an airline official said. The ban on Kamra comes into effect immediately.
Capa lauded govt's efforts in rescuing SpiceJet.
Vistara, an airline in which Tata Sons owns 51 per cent stake, is one of those which wants a relaxation in rules, saying these are important for the country's economic growth.
The sooner the airlines get their act together, the better.
The coronavirus outbreak began in Wuhan, capital of China's Hubei province, in December and has now spread across the globe. The Chinese authorities are trying to contain the epidemic while other countries, including India, are working on plans to evacuate their citizens from Wuhan and other cities in Hubei province, the epicentre of the outbreak.
Domestic air traffic grew by over 14 per cent in September, with 11 Indian carriers together flying a total of 66.66 lakh passengers during the month.
Stressful work schedules and limited growth opportunities are taking a toll on a large number of senior professionals in airlines.
Else customers will face capacity shortages and high fares.
Full service carrier Vistara expects to add a total of 10 planes as well as hire more than 1,000 people in the current financial year and has shelved plans to fly to the US, according to a top executive. Currently, Vistara, which is set to be merged with Air India, has a fleet of 61 aircraft and a staff strength of over 5,200. During an interaction in Istanbul this week, Vistara CEO Vinod Kannan said there has been a ready pool of talent, especially pilots and cabin crew members, with the collapse of Go First.
In the season of aviation action, Rakesh Jhunjhunwala-backed Akasa Air has secured the crucial no-objection certificate (NoC) from the civil aviation ministry. It expects to start operations next summer. The airline will now have to apply for the Directorate General of Civil Aviation for operations permit. Aviation sector has been in the limelight with the Tata Group winning the Air India bid last week.
The largest domestic carrier IndiGo is set to renew the insurance cover for its fleet this month, Air India and budget airline GoAir's insurance renewal is due for October, while that of Jet Airways is due in next January.
Air travel penetration in India remains small in global terms, with 0.04 annual trips per capita against 0.3 in China and more than two in the United States.
'We should have calmed down the child. We will do an internal analysis on that.'
The feud between Gangwal and Bhatia came into the public after the former, in July, wrote to markets regulator Sebi seeking its intervention to address alleged corporate governance lapses at the company.
The new low-cost carrier, IndiGo, which placed India's biggest orders for 100 Airbus aircraft at the Paris Air Show last year, will start operations in July-August with its own aeroplanes.
The diplomatic rift between India and Maldives, coupled with the suspension of flight bookings on one of India's major travel portals, has sent jitters down the spine of tour operators in the island nation. The Maldivian Association of Travel Agents and Tour Operators (MATATO), a forum for travel agents, has stressed that the Indian market is important to the success of tourism in Maldives.
Here's why you should care.
The practice of charging for such facilities was launched in 2008.
Agra, Shimla, Nanded, Kanpur and Jamshedpur are among the many airports that would see connectivity under Udan.
Taking a cue from price war in the domestic sector, two foreign carriers - Emirates and Air Asia - have cut fares for Indian travellers so as to beat the March quarter blues.
British Airways, Lufthansa, Etihad and Singapore Airlines are scouting for an Indian partner that meets the net worth criterion
Consumption-related stocks, such as hotels, and quick service restaurants (QSRs), have been hitting the ball out of the park ahead. On the other hand, the Miss World Pageant scheduled for later this year in New Delhi, too, could provide some tailwind to these stocks, especially hotels and aviation. However, analysts suggest investors put their best foot forward and buy these counters only on a decline given the recent rally and economic headwinds.
Let Air India - that anyway flies very limited international routes, often bleeding profusely and makes huge losses on trunk routes - do this national service, says Anjuli Bhargava.
The 30-day visa-free entry is also currently enjoyed by eight ASEAN countries for the purpose of social visits, tourism and business.
External Affairs Minister S Jaishankar took to Twitter to share images of the evacuees after their arrival at the Indira Gandhi International Airport in New Delhi.
Users jocularly wondered if the name of institutions such as the Indian Space Research Organisation, the Reserve Bank of India and the Board of Control for Cricket in India will be changed.
Air India has finalised an order for around 250 aircraft with Airbus and the deal is expected to be announced next week, a source said on Thursday. The source in the know also said the airline has signed a deal with Boeing for about 200 planes. Specific details could not be immediately ascertained and there was no immediate comments from Air India about the deals.
Rakesh Gangwal's holding is considered FDI even though the majority stake in Caelum is held by NRIs
Scheduled international passenger flights have remained suspended since March 23, 2020 in the wake of the pandemic and they will now restart from Sunday.
Move comes in view of big debt overhang in two sectors; companies unwilling.
Move comes in view of big debt overhang in two sectors; companies unwilling.
'The funds were arranged from multiple banks at a very competitive rate and converted into dollars at the best rates.'
Aiming at attracting Indian travellers to major global and domestic destinations, foreign and Indian carriers are vying with each other by offering discounted tickets.
Tata Group-owned AirAsia India, which is in the process of being merged with Air India Express, has taken short-term loans worth Rs 630 crore during the last six months to deal with cash crunch. AirAsia India has been making losses since its first commercial flight on June 12, 2014. Its net loss increased by 42 per cent to Rs 2,178 crore in FY22.
rediffGURU Dr Vivek Mahajan, interventional cardiologist at Fortis Hospital, Kalyan, explains how young Indians can correct their lifestyle in order to protect themselves from sudden and unexpected cardiac arrests.
This was good enough for Fernandes to hire Chandilya to lead his India business.
The civil aviation ministry received 20 applications and it granted NOCs to sixteen companies between 2009 till now
