IndiGo's size should be compared with global carriers, and not other domestic airlines, chief executive officer Pieter Elbers said on Tuesday, adding that such benchmarking will help India transform its airports into aviation hubs. Elbers flagged the tendency to scrutinise domestic competition, assess fares on domestic routes, and determine if they are high. "But if we want to build some hubs, we should have a broader look," he said during a panel discussion at a convention organised by All India Management Association (AIMA).
According to FlightAware, a flight tracking company, more than 9,500 flights within, into or out of the United States were delayed and more than 1,300 were cancelled due to the system failure.
According to French authorities, the plane had 276 passengers on board when it took off for Mumbai, as 25 persons, including two minors, had expressed the wish to apply for asylum and were still on French soil. Two others were held, produced before a judge and placed on assisted witness status, a French news channel said.
Weeks after a Nicaragua-bound plane carrying Indians was grounded in France and later sent back to India, the Gujarat police have booked 14 agents on the charge of human trafficking for trying to send more than 60 persons from Gujarat to the US illegally via Mexico border, a senior official said.
Asian and Middle Eastern airlines -- but no Indian names -- dominated the Top 10 slots at the World Airline Awards.
The United Kingdom government on Tuesday said that though the air traffic control 'technical issue' that led to the severe disruption of hundreds of flights and left thousands of passengers stranded has been resolved, routes will continue to be affected for some days as airlines scramble to recover from the domino effect on their schedules.
More than 60 people from Gujarat on board the Nicaragua-bound plane, which was sent back from France over suspected human trafficking, had agreed to pay Rs 60 lakh to Rs 80 lakh to immigration agents, who promised to cross into the US illegally after reaching the Latin American country, officials said.
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.
Air India is leaving behind some 50 bags at the Delhi airport as it flies to the US, reducing what it carries after the closure of Afghanistan's airspace increased flight time by at least 30 minutes. Air India flies the Boeing 777 and 787 aircraft to New York, Newark, Chicago, Washington and San Francisco.
French authorities launched a judicial investigation into the conditions and purpose of the trip, with a unit specialising in organised crime investigating suspected human trafficking.
Several US businesses were hit by technological issues on July 8.
According to a senior state Crime Investigation Department official, those passengers included at least 60 from Gujarat, who have already reached their respective native places in the state.
While global majors like JetBlue, RyanAir, Southwest sell almost 90 per cent of their tickets through their own websites or apps, airlines in India have a minuscule share of around 25 per cent through direct channel booking.
There are some airlines that are winning praise from customers.
The Competition Commission of India (CCI) on Tuesday said that the proposed additional stake buy in United Breweries (UB) by Dutch major Heineken does not raise any competition concerns, effectively clearing the deal. In its order, the CCI said, "It is submitted that the proposed transaction does not give rise to competition concerns regardless of delineation of the relevant market for the purpose of this filing." UB is the country's largest beer company, while Heineken is the world's second-largest brewer after Anheuser-Busch (AB) InBev.
He said most of the passengers on the chartered plane that returned from France were from districts of Banaskantha, Patan, Mehsana and Anand.
Only a 5-year-old airline with 20 planes is allowed to fly abroad.
JetBlue Airways is ranked as the world's best budget airline.
GoAir has temporarily suspended all its international operations -- Dammam, Kuwait, Muscat, Abu Dhabi, Dubai, Bangkok, Phuket and Male -- starting March 17 until April 15.
Qatar has released eight jailed former Indian Navy personnel and seven of them returned home early Monday, 46 days after their death sentences handed last October were commuted to jail terms of varying duration.
Veterans in the travel industry, a well-known corporate lawyer, and a marquee US-based hedge fund have backed the upcoming low-cost airline Akasa Air. Founded by former Jet Airways chief executive officer (CEO) Vinay Dube, the venture counts ace stock trader and investor Rakesh Jhunjhunwala as its biggest financial backer with an investment of around Rs 300 crore. A person with knowledge of the development said most of the people were well known to Jhunjhunwala and Dube, who approached them during the conception stage.
About a week ago, DGCA officials conducted surprise checks and grounded a Reliance Industries-owned 14-seater Falcon 900EX.
Kingfisher Airlines said it has entered into a code sharing and frequent flyer agreement with American Airlines, which will be effective from 2011. "The code share on Americans flight to Chicago will mark the first time ever that Kingfisher Airlines will place its code on any flight operating into the United States," executive vice president-commercial, Kingfisher Airlines Manoj Chacko said.
Dutta was president of United Airlines, where he worked for nearly twenty years. He also served as the president of Air Sahara for two years. Moreover, he was an advisor to the restructuring of both Air Canada and US Airways.
Some airlines, says Anjuli Bhargava, are convinced there's a conspiracy to malign them.
United States President Joe Biden and Prime Minister Narendra Modi are expected to make meaningful advancements on the GE jet engine deal and civil nuclear technology during their bilateral talks, National Security Advisor Jake Sullivan was cited in a Reuters report.
Domestic jet fuel prices are up 7%, but are still 14% lower on a y-o-y basis. While lower fuel prices have brought respite to airlines, their non-fuel costs are rising because of rupee depreciation
The agreement would allow the travellers to fly United Airlines' trans-Atlantic flights from London to Chicago, Los Angeles, San Francisco, Denver and Washington and trans-Pacific flights from Hong Kong to Chicago and San Francisco.
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.
US attorney's office in a statement said that the incident took place on a flight from Honolulu to Boston in May last year.
Returning home after a five-day high-profile state visit to China, Maldives President Mohamed Muizzu on Saturday struck a defiant note saying that his country may be small but 'doesn't give them the license to bully us'.
All airlines have jacked up the fares for first class and business class travellers by 30 per cent to the United States, the United Kingdom and Europe, with effect from on Friday.
Tiger operates Airbus A320s and was set up by SIA and Singapore's national investment firm, Temasek Holdings, in 2004.
Flight AI173 from Delhi was diverted to Magadan in Russia on Tuesday owing to an engine glitch, the Tata Group-owned private carrier said in a statement last evening.
Flight operations at Mumbai airport were put on hold after heavy rain brought down visibility below the required limit.
Bank claims it wasn't quizzed by CBI, only financial information was sought.
Apparently, the losses to the airline due to this scam are now running into crores of rupees.
Star Ghana World Cupper and most capped player Asamoah Gyan has joined Indian Super League side NorthEast FC for the upcoming season.
Heineken could call a shareholder meeting to vote on his ouster from a company his father built into a family empire
Kingfisher Airlines has objected to being identified as a 'wilful defaulter' by state-run UCO Bank.