Tata's Vistara has a very strong core team to look into daily operations.
Other members of the board would comprise Vishwapati Trivedi as the joint managing director, V K Verma, director (commercial) and Anup Srivastava, director (personnel), an official spokesperson said in New Delhi on Tuesday.
Andhra Pradesh Chief Minister N Chandrababu Naidu and his Telangana counterpart Revanth Reddy visited some inundated areas in their respective territories.
Boeing, as part of the $7.2- billion deal for 68 planes with Air-India, will induct three simulators for pilot training at Air-India premises near Santacruz airport in Mumbai.
The hangar will be capable of accommodating two A320 family aircraft simultaneously or one B777/B747 aircraft. The facility will cost Air India Rs 80 crore (Rs 800 million). Air India already has major engineering units in Mumbai and Delhi for maintenance of aircraft and engines.
Rohit Nandan, an Indian Administrative Service officer, and currently a joint secretary in the Ministry of Civil Aviation is set to become the new chairman and managing director of Air India. He will be replacing Arvind Jadhav, who is being shown the door for poor management and the galloping losses the national carrier has suffered.
During the checks on the Cessna aircraft registered with Business Jets India, the DGCA found that the pilots in command did not have necessary training certificates.
Air Deccan announced on Tuesday its tie-up with State Bank of India for on-line ticket booking.
Jet's flights to Abu Dhabi could be used to carry passengers from India headed for the US and Europe.
With the agitation by Air India pilots entering the fifth day on Saturday, the national carrier cancelled 16 flights from here and Mumbai even as senior pilots sought Prime Minister Manmohan Singh's intervention to end the impasse.
The IPO market will be bustling next week, with four companies, including Bajaj Housing Finance, set to launch their initial share-sale to raise a total of Rs 8,390 crore. Besides these four main-board IPOs, nine SMEs are preparing to debut with their maiden public issues next week, targeting to collect Rs 254 crore. Together, these 13 firms are looking to raise Rs 8,644 crore through IPO.
Air India Chairman and Managing Director Arvind Jadhav, has finally looked towards his employees for suggestions after trying many consultants in the past for reviving the debt-ridden state-run carrier.
Air Deccan, India's first no-frills airlines, expects $120mn revenues in current fiscal.
V Thulasidas, Air India Chairman and Managing Director, has announced a bonanza package of 2,000 additional seats comprising seven additional flights from Kerala to destinations in the Gulf and Middle East.
I learnt that Yogi was deeply unhappy with the BJP's choice of Lok Sabha candidates. He had proposed a list of names, but hardly any of his suggestions were accepted.
"We are meeting the chairman on Thursday to express our view point on his recent directive, barring Air India staff from travelling in business-class/first-class," an Indian Pilots Guild member said. The IGP is opposed to the move on the ground that it would not fetch any financial benefits to the national carrier, the pilot said, adding, "During the meet, IPG would offer alternative strategies which will result in effective means of controlling costs and boosting revenue."
The government has extended the tenure of Vasudevan Thulasidas as chairman and managing director of Air-India. The tenure of Thulasidas, a 1972 batch IAS officer from Manipur-Tripura cadre, was coming to an end on Thursday.
Local officials said no casualties have been reported due to Wednesday's quake that hit the Madoi County in Golog Tibetan Autonomous Prefecture of Qinghai province of northwest China at 3:44 pm (Beijing time), tremors for which were also felt in north-eastern Nepal.
Sales of apparel were a mixed bag this festive season while those of consumer durables saw an uptick with mobiles, laptops, and air conditioners being in demand. In apparel, Tier-2 and -3 markets did better for some brands, because these have been witnessing an uptick for the past 18-20 months compared to metros. "The past two weeks have been good, and we saw a 13 per cent increase in value sales, and volume sales have also been similar," Manish Kapoor, managing director (MD) and chief executive officer (CEO), Pepe Jeans
Ranneeti: Balakot And Beyond veers between intriguing and boring, observes Deepa Gahlot.
Its association with India is over 70 years old and spans both civil and military aviation. The Douglas DC-3 transport aircraft used by the air force beginning the 1940s and the iconic Boeing 747 aircraft flown by Air India, both had Pratt & Whitney (P&W) engines. The Indian Air Force's present-day, heavy-lift C-17 Globemaster III and the yet-to-be-inducted C-295 planes, too, have P&W power plants.
Low cost airline Air Deccan aims to raise up to 30 per cent of its total revenues from ancillary streams in three years, a three-fold jump from the current levels, its managing director, G R Gopinath said.
The real value of the Tejas Mark 1 is the role it will now play in the development of India's next generation of fighter aircraft that will be more technologically advanced and lethal.
Even though air passenger traffic picked up last month, the overall long-term sentiment for airlines is poor, Air India chief Arvind Jadhav said on Friday.
Singham Again is action heavy, so its appeal is limited to fans of the genre, observes Deepa Gahlot.
Air Deccan, India's first low-cost carrier, on Friday announced the release of 3,300 tickets priced at Re 1 and 6,500 tickets (excluding taxes) priced at Rs 500 for reservations in September and October.
Former Chairman and Managing Director of Tata Steel, Russi Mody, 96, passed away in Kolkata on Friday.
Crisis-hit SpiceJet plans to hand out pink slips to at least 1,000 employees in the coming days as the airline works to significantly reduce costs and streamline operations of its depleted aircraft fleet, officials said on Monday. Faced with financial woes, legal battles and other headwinds, the no-frills carrier might ask more staff to leave as there is excess manpower now compared to the number of planes in service. A final decision on the quantum of layoffs is expected this week, one of the officials in the know said.
In the event of a war with China, AMCA deep strikes would target China's rail and road links with Tibet, isolating PLA divisions there.
'In terms of incentives, if you think about it, hybrids are a 20-year-old technology.'
As the majority of Pakistani airspace has remained closed for Indian airlines since the Balakot strike on February 26, the decision to avoid affected Iranian airspace on Saturday is going to further disturb the routes of their international flights towards middle-eastern and European countries, and the US.
Delhi faces a severe financial crunch and the deficit is largely due to numerous welfare schemes without adequate revenue flowing in. The success of welfare schemes and electoral promises will need careful financial planning and out of the box thinking to whip up additional revenue, notes Ramesh Menon.
