Uber recorded approximately 200 per cent year-on-year growth in its pre-scheduled ride option, Uber Reserve.
Another reason working in Air India's favour now is the government's plan to clean up part of the airline's burgeoning debt from its books - a major deterrent for investors when it attempted divestment the previous time.
The airline had earlier issued a 'non-acceptance order' to all its station managers and booking offices.
Air India buyer has to take over interest-bearing debt of Rs 16,500 crore a large portion of which is aircraft related, meaning they are backed by aircraft value
We celebrate the pioneering achievements of Captain Durba Banerjee and Avani Chaturvedi, leaders in Indian aviation.
The Tata group may have to deploy upwards of $1 billion to improve the airline's passenger reservation system, upgrade and refurbish Air India's fleet, primarily the wide-body aircraft which are the mainstay for the airline's international operations, people in the know said. While the group has not yet decided on how it intends to integrate Air India with its existing airlines AirAsia India and Vistara, sources said the first task will be to refinance Air India's existing loans, upgrade its aircraft gradually, and rewrite multiple business contracts with vendors and suppliers. "They will have to do 100 things to stabilise the airline and will have to put in a lot of money," DIPAM secretary Tuhin Kanta Pandey said, confirming that many aircraft are grounded.
India on Sunday said it inflicted tremendous losses to the Pakistan military, including downing its fighter jets featuring latest technologies and damaging key military installations close to even capital Islamabad, during the three-day confrontation between the two sides.
However, the government did not expect the low fares to breach the lowest fare bucket given by the airlines to aviation regulator Directorate General of Civil Aviation.
Airbus will increase sourcing of components from India, which offers plenty of opportunities, according to the aircraft maker's CEO Guillaume Faury. The European major, which has bagged huge aircraft orders from IndiGo and Air India, doubled its sourcing of components and services from India to 1 billion euros during the period from 2019-2023, he said.
'When one air force (India's) hits the other's airbases with impunity and that air force (Pakistan's) is not able to respond, then the air force, which has put the other's airbases out of commission, has won.'
'Today's situation is unacceptable. It has the potential to affect the IAF's operational capability.'
The Indian Air Force on Monday said all its military bases and systems continue to remain fully operational, and ready to undertake any further missions if the need arises.
'India has gone some way to meeting its objectives because it has established a deterrent value that Pakistan will have to take into account when it plans future terrorist attacks.'
The Chinese military on Monday denied reports that its largest military cargo plane has carried arms supplies to Pakistan and warned legal action against those spreading such rumours.
Air India top brass on Thursday met leaders of two pilots' unions and assured them that their problems would be looked into, especially those relating to the wage structure.
The western media is going all out to prove that India suffered a major setback in Operation Sindoor and how China helped shoot down Indian fighter jets. One of the articles published in British newspaper Telegraph stated Operation Sindoor shattered the myth of India's air dominance over Pakistan. "The Pakistani Air Force, aided by Chinese targeting satellites and AWACS executed a sensor-fusion kill. The Rafales never got a lock, never even saw their adversary. When the missiles hit, it was already over," wrote the British Newspaper, The Telegraph.
India needs another shot of difficult reform, of the kind only possible at gunpoint. Mr Trump holds that gun to our heads now. A drastic reduction in tariff protection, other elements of sarkari wet-nursing will force entrepreneurial India to become competitive again, argues Shekhar Gupta.
Bowing to the pressure from travel agents, Air India has deferred by one month its decision to withdraw the five per cent agency commission from October 1.On June 20, the airline had informed various travel agent bodies that it was withdrawing the five per cent commission to agents from October 1.
Wing Commander Raveendran and flight steward Sargeant Iyer, though shaken and injured, managed to open the rear door of the aircraft and shouted for Prime Minister Morarji Desai and the passengers in the forward cabin to exit in haste since they suspected that fire would engulf the aircraft.
'An HAL-private sector tieup is a possibility.'
'Had Haji Pir and/or Skardu been taken, the message would have gone out not just to General Asim Munir and his cohort in the Pakistan army but to the Pakistani people that every terrorist incident in India would lead to substantial loss of territory in PoK.'
Taking aggressive steps to turn around cash-strapped Air India in two years, government on Tuesday said a major revamp of its top management would be carried out in 30 days and there would be a partial divestment of the national carrier in the near future.
Hockey India has derecognised Air India as its associate member with immediate effect due to non-payment of membership fee.
From highways connecting once-remote regions to aviation networks carrying millions, India's infrastructure story is one of transformation.
Earlier, its attempts to monetise properties, including the 22-storeyed Air India building in Nariman Point, saw lukewarm response.
The last date to submit bids is March 17 but the deadline could be extended if there are requests from potential bidders.
Air India is keen to raise working capital by selling aircraft.
The CVC had asked the CBI to probe the 'irregularities in the tendering process and award of contract and undue benefit caused to the SAP/IBM'.
Consumer durable companies in India have begun early-stage talks with US importers at a time when the tariffs levied on Indian products are lower than those on competitors such as China. While the discussions started some time ago, many believe that the Donald Trump administration's tariff measures will help Indian companies expand their presence in the US market.
Success has put India in the exclusive and limited club of nations that possess the high-power Laser-DEW.
One Iranian woman, who is the wife of an Indian national has also been evacuated, he added.
Punjab powerlifter Jaspreet Kaur set a new national record in the 45kg category at the Khelo India Para Games (KIPG) 2025, lifting 101kg to win the gold medal.
The inquiry was to resume on Monday after about 10 weeks of break as the governmemnt talked about some technical difficulties in transferring documents from the Justice Ministry to the Air India Inquiry Commission.
Colonel Sofiya Qureshi revealed that 300 to 400 drones were deployed across 36 locations, with several being shot down by Indian forces using both kinetic and non-kinetic methods.
How to conduct the mock exercise with active public participation of people was discussed threadbare at a high-level meeting chaired by Union Home Secretary Govind Mohan. Top civil and police officers of the country participated in the meeting, official sources said.
'The Railways is today running train services with 30% less number of loco pilots.'
GPS spoofing is considered to be a form of cyber attack that includes generating false GPS signals. The false signals result in misleading the navigation equipment which creates a significant risk to aircraft.
In a December 2012 interview, Ratan Tata, then preparing to step down as chairman of Tata Sons, expressed doubts about the Tata group re-entering the aviation sector, calling it a space plagued by "destructive competition". But beneath that frustration lay nearly two decades of failed attempts to conquer the Indian skies. In 1994, Tata, along with Singapore Airlines, had plans to launch a joint venture (JV) airline in India.
'We completely destroyed at least three posts, an ammunition depot, fuel storage facility, and gunnery, among other targets. Our retaliation was so devastating that it will take Pakistan at least 8-12 months to rebuild, possibly longer'
In a major boost to private airlines, especially IndiGo and SpiceJet, the civil aviation ministry has lifted the freeze on them to expand abroad.
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