The losses are primarily because the venture operated only for 18 days in June, with only two flights.
Part of funding for 9/11 attacks in the United States had originated from India, according to a former top police officer Neeraj Kumar, who has based his claim on the "revelation" made by a terrorist.
The National Investigation Agency on Monday filed a chargesheet in the Pathankot airbase terror attack, naming Pakistan-based Jaish-e-Mohammed chief Masood Azhar and three others of his organisation as accused.
The first Airbus A-320 aircraft of Tata-SIA joint venture Vistara airline, painted with its logo and livery, landed at the IGI Airport in New Delhi on Wednesday, taking the carrier a step closer to its launch.
'People have been flying for years on the basis of a police clearance and an airport entry pass.' 'Then they came out with a convoluted thing -- that your police clearance must be from your place of residence.' 'Now if a pilot is sitting in Delhi but is from Timbuktoo, the papers will have to come from there.' 'So at any point, you have a certain number of pilots sitting on the ground because his AEP has expired and the papers haven't come.' Revealed: India's bizarre processes to get pilots to fly planes.
Media reports said that Air India's Flight AI-312 landed at Sydney Airport at 8.29 am (local time) few minutes behind its schedule and then to Melbourne early afternoon at 11.59 am.
Rediff.com takes a look at the major aviation disasters of recent times.
The Australia-led search operation for the crashed Malaysian airliner has now shifted 1,100 km further north-east in the southern Indian Ocean following a "new credible lead", officials said on Friday.
A criminal probe into four specific areas including hijacking and sabotage has cleared all 227 passengers aboard the ill-fated Flight MH370, Malaysian police chief said on Wednesday.
'It was incredibly heart-wrenching to see people waiting to be evacuated -- children, parents and grandparents. Many families did not get to leave together. An order of priority was drawn up, and the first ones to be evacuated were pregnant women, single and/or older women and dialysis patients. Most were happy to be on the plane but also very distressed to have left behind family and friends.'
Given the cost structure in the country, it won't be easy for AirAsia to offer 'Nano' fares and still make money.
The DGCA official who wrongly assigned the code of Antonov AN-32 -- an aircraft used by the IAF -- to the SpiceJet aircraft has been suspended, report Arindam Majumder and Aneesh Phadnis.
"The return fare on economy class to most European capitals from Mumbai are close to 50,000 plus. If an LCC can offer direct connectivity for a basic fare of 25,000 with additional top ups for meals, baggage and blankets, which further takes the fare to, say, 35,000, it is still a value deal."
We will destroy radical Islamic terrorism, Donald Trump declares after meeting Narendra Modi.
Fliers may have to shell out more with the government mulling to impose a two per cent cess on air tickets
'Narendra Modi is a beginner on the national scene. Intelligence and security will be new for him on a national scale. He will succeed if he crosses the bureaucratic barriers. If he entangles himself in these barriers, then I highly doubt he will succeed,' former R&AW agent R K Yadav tells Rediff.com's Vicky Nanjappa.
Bihar! The state goes to the polls next year. Narendra Modi has chosen a Bhumihar, Rajput and Yadav as his ministers from the state.
Bangladesh might overtake India this year by per capita income in nominal dollars, but it is not yet close to becoming South Asia's economic powerhouse anytime soon, T N Ninan points out.
Air search operations to hunt for the crashed MH370 were suspended on Tuesday due to a tropical cyclone heading south over the Indian Ocean, as a robotic mini-submarine neared completion of its underwater search with no sign of wreckage.
The search for the crashed Malaysian jet on Friday dramatically shifted to a new area 1,100 km further northeast in the Indian Ocean after authorities received "the most credible lead" of radar data suggesting the plane flew faster and ran out of fuel more quickly than estimated.
DGCA panel has proposed tests be conducted even before a candidate is inducted into a flying training institute
'Kulbhushan Jadhav is a very sad case.' 'I think Pakistan handled this issue very clumsily.' 'They gave too much of publicity and also said that they will hang him.' 'Now obviously, they are not going to hang him.'
Airbus Industrie is setting its eye on India for selling its brand new, most modern and spacious A-380 aircraft.
'India is the only large nation along with Argentina whose numbers have continuously and without a break risen from March,' observes Aakar Patel.
Two Air India pilots have been suspended after they allowed a south Indian actress to sit inside the cockpit mid-air on a Bangalore-Hyderabad flight in flagrant violation of safety norms.
'Everyone has failed us. The United States ditched us.... We will be forever indebted if the Indian government help us evacuate our family'
The remarks by the DGCA head is of great significance.
The hunt for the crashed Malaysian jet on Saturday entered its 50th day with a robotic mini-submarine having scoured about 95 per cent of the search area so far with still no sign of any wreckage.
The Indian government's decision in 2012 to allow foreign direct investment in civil-aviation sector up to 49 per cent has enthused new airlines to launch their operations and capitalise on country's 1.2 billion population, a pre-statement to the Global Aerospace Summit said.
The lenders, led by State Bank of India (SBI), are due to inform the Supreme Court of their decision on the offer at a hearing on Thursday.
With its nominees on the board, Tata Sons will have the controlling stake of 51%.
"It was a very proud moment for me as well as the entire Air India crew when we heard from Pakistan ATC praising our special flight operations to Europe," one of the senior captains of the special flight said.
Though the Mumbai and Delhi airports still rule the domestic aviation market, the share of the two in overall traffic is falling. In 2006-07, the two airports collectively handled 40.6 per cent of all domestic passengers; in 2012-13, their share fell to 37 per cent.
The chief operating officer said that the carrier will surmount the present crisis very soon.
The search for the missing Malaysia Airlines flight MH370 has revealed a previously uncharted shipwreck.
Multi-nation search teams hunting for the missing Malaysian plane said they will stop listening for pings coming from the floor of the Indian Ocean and now deploy an unmanned submarine to track down the jet's black box.
Earlier, PE firms such as Goldman Sachs and Indigo Partners had evinced interest in the Indian aviation market.
Company chief Tony Fernandes said the name of Chairman for AirAsia India board would also be disclosed soon
'You are to train three Bangladeshi pilots to fly this Chetak helicopter. Your task begins now.'
Define your North Star. Experiment in your 20s be adventurous and experiment and use these experiences to build your flywheel and compliment your IQ with EQ.