The SIA A-380s can fly 471 passengers in a three-class configuration of first class suites, business class and economy.
When the Tatas re-boarded Air India on January 27 last year, the price of aviation turbine fuel was at over Rs 80,000 per kilolitre. Rupee was trading at around Rs 74 to a US dollar. The Omicron variant of Covid-19 was in prevalence - barely a week earlier, India had reported over 340,000 cases on a single day. Seven-day home quarantine of international travellers was the norm.
The government has notified the agreement between Air India and special purpose vehicle AIAHL for the transfer of non-core assets, ahead of the national airline's takeover by the Tata Group. The government had in October last year, inked the share purchase agreement with the Tata Group for the sale of national carrier Air India for Rs 18,000 crore. The Tata Group is expected to take full control of the airline, it founded in 1932, on Thursday. The cash component of the deal would come once the handover process is completed. The Tata Group would pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt.
Air India, SpiceJet, IndiGo and AirAsia India ready to fill in the gap.
Jet Airways will launch a direct daily service between Delhi-Singapore from September 6.
The Tatas operated the country's first airline. It was later acquired by the government.
The airline will be running the fight on a daily basis from the Rajasansi International Airport. The flight currently runs thrice a week. The proposed move is expected to provide a relief to perishable exporters and farmers of Punjab who were affected after Jet Airways and Singapore Airlines withdrew their services last year stating it was not feasible for them to continue anymore.
Even as the government is aiming at creating an airline behemoth to take on Asian tigers such as Singapore Airlines and Thai Airways, the merged Air-India and Indian Airlines entity will not dominate even the Indian skies.
The plane can fly non-stop to Singapore, Doha (Qatar), Kuwait, Abu Dhabi (UAE), Riyadh (Saudi Arabia), Kuala Lumpur (Malaysia), Tehran (Iran), Salalah (Oman) and Kunming (China), among other destinations, from various Indian airports.
The India-Bangkok sector is operated by carriers like Air India, Jet Airways, Thai Air, Cathay Pacific, Singapore Airlines and Malaysian Airlines amongst others and travel companies say it constitutes more than 40 per cent of their business in the south east Asian market. Thousands of protestors have laid siege to Bangkok's Suvarnabhumi airport, the world's 18th largest in terms of passenger traffic, as their latest mark of protest against the elected government.
The last date to submit bids is March 17 but the deadline could be extended if there are requests from potential bidders.
TCS has acquired Singapore Airlines' 51 per cent stake in Aviation Software Development Consultancy India Ltd for Rs 14.02 crore.
Curtailment of flights between India and China will help Air India and other airlines to boost their seat occupancy and market share.
India's newest airline-Vistara is bullish on growth prospects.
Currently airline flies thrice daily flight between Delhi-Mumbai
Wadia group-owned Go First will temporarily suspend flights on May 3 and 4 amid severe fund crunch, the airline's chief Kaushik Khona said on Tuesday.
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The Dreamliner's introduction on the daily Singapore route is on popular demand, said Nirbhik Narang, Air India's country manager in Singapore.
Singapore Airlines announces special Internet fares.
In a move that could heighten competition among airlines on the India-Singapore route, Singapore-based budget carrier Tiger Airways
The Delhi-based airline currently has 13 Airbus A320 aircraft in the fleet and it plans to take another seven (A320 Neo) planes by June 2018.
Refuting all the allegations, IOC has clarified that no monopolistic situation exists in supply and pricing of aviation turbine fuel (ATF) to airlines.
Earlier, budget carrier SpiceJet said it would hire 500 from Jet, including 100 pilots. Air India Express has also inducted around 25 commanders from the grounded airline.
Singh was allegedly one of the masterminds of a kidnapping syndicate that operated and victimised Indian nationals living in eastern Metropolitan Manila and Rizal province.
The government on Monday issued a letter of intent (LoI) confirming the sale of its 100 per cent stake in loss-making Air India to Tata Group for Rs 18,000 crore, a senior official said. Last week, the government had accepted an offer by Talace Pvt Ltd, a unit of the holding company of salt-to-software conglomerate, to pay Rs 2,700 crore in cash and takeover Rs 15,300 crore of the airline's debt. Subsequent to that, an LoI has now been issued to Tata confirming the government's willingness to sell its 100 per cent stake in the airline.
According to the bid document, as part of the strategic disinvestment Air India would also sell 100 per cent stake in low cost airline Air India Express and 50 per cent shareholding in joint venture AISATS. The management control of the airline would also be transferred to the successful bidder.
The city will be the 10th destination for Vistara.
The change in schedule will come into effect from May 16
The Maharajah and his men are going places, and you can also hitch a ride
Wadia group, the promoter of budget airline GoAir will invest $30 million with SIA Engineering, a subsidiary of Singapore Airlines, for maintenance, repair and overhaul services in the country.
After having launched a thrice-weekly service to Bangalore in August, premier international carrier Singapore Airlines said on Wednesday that it would enhance its frequencies to Mumbai
The carriers are scoffing at making the life of their competitors 'easier.
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