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.
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.
Tiger operates Airbus A320s and was set up by SIA and Singapore's national investment firm, Temasek Holdings, in 2004.
Bank claims it wasn't quizzed by CBI, only financial information was sought.
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.
Kingfisher Airlines has objected to being identified as a 'wilful defaulter' by state-run UCO Bank.
Heineken could call a shareholder meeting to vote on his ouster from a company his father built into a family empire
Apparently, the losses to the airline due to this scam are now running into crores of rupees.
The only two truly successful private airlines in India - Jet Airways and IndiGo - have been set up and run by people who knew the ins and outs of the trade well before they took to the skies.
Flight operations at Mumbai airport were put on hold after heavy rain brought down visibility below the required limit.
IndiGo will seek board approval for Dutta's appointment soon. Till then, promoter Rahul Bhatia will continue to act as interim CEO.
After recast, Kingfisher Airlines total debt reportedly came down to Rs 7,057 crore (Rs 7,057 billion) which is still considered very high for a private domestic carrier.
Star Ghana World Cupper and most capped player Asamoah Gyan has joined Indian Super League side NorthEast FC for the upcoming season.
The acoustic pingers on the missing Malaysia Airlines plane's two black boxes were due for overhauls and battery replacements in 2012 but were never returned to their manufacturer, according to a media report.
The boards of AMR Corp and US Airways Group Inc each met on Wednesday to approve a merger that would create the world's largest airline with an expected market value of around $11 billion, people familiar with the matter said.
He said most of the passengers on the chartered plane that returned from France were from districts of Banaskantha, Patan, Mehsana and Anand.
The judge said the assets of the respondent company cannot be left under the control of UBHL and could be handed over to official liquidator to achieve the winding up process s per the law.
At the beginning of this year, his stake in the airline stood at 30.14%.
Airport officials said United Flight 1545, arriving from Las Vegas, slipped off a runway at around 5:30 am (local time) when it was taxiing towards the terminal. The plane made a wide turn on the taxiway and went into a muddy grass area.
Fourteen years in the making and a incessant reminder of the horrors of the past, Flight 93 National Memorial, which opened on Thursday, is an interactive centre that employs photographs, video recordings, artefacts and graphic displays to tell the story of the doomed United Airlines Flight 93, the only jetliner among the four commandeered by terrorists that failed to reach its intended target on September 11, 2001.
Let Air India - that anyway flies very limited international routes, often bleeding profusely and makes huge losses on trunk routes - do this national service, says Anjuli Bhargava.
India has established individual bilateral bubbles with France and the US that will allow airlines of each country in the pact to operate international flights, Civil Aviation Minister Hardeep Singh Puri said on Thursday, adding that similar arrangement with Germany and the UK will soon be permitted.
Mallya, once known as the "King of Good Times" for his flamboyant lifestyle, has until Friday to appear before an IDBI committee to explain why he should not be declared a "wilful defaulter".
At the heart of the national carrier's troubles are the archaic labour laws that allow pilots the same rights as industrial workers
The other two companies were Spanco Limited (Rs 37 crore or Rs 370 million) and Arch Pharma (Rs 56 crore or Rs 560 million).
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.
IndiGo was set up in 2006 by businessman Rahul Bhatia and Rakesh Gangwal, a former CEO for US Airways Group.
An Ethiopian airliner carrying 82 passengers and eight crewmembers crashed into the Mediterranean Sea shortly after taking off from the Beirut International Airport on Monday morning, officials said.
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.
US attorney's office in a statement said that the incident took place on a flight from Honolulu to Boston in May last year.
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.
Rono J Dutta, former chief of the world's biggest carrier United Airlines, has taken over as president of Air Sahara in place of Uttam Kumar Bose.
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.
The CBI today registered three FIRs and a preliminary enquiry to probe alleged irregularities in Indian Airlines-Air India merger and purchase of 111 aircraft, leasing of planes and giving up of profit-making routes by Air India, causing a loss of thousands of crore of rupees.
Tata Sons has started the process of due diligence of state-owned Air India and its subsidiary Air India Express. Sources said the group has appointed Bain and Company and Seabury Group for this purpose. Once complete, a financial bid will be submitted and a deal to take over the airline is likely to fructify by end of this year or even earlier, people involved in the process said. Simultaneously, the group has brought in veterans in the aviation business from Delta and United Airlines to prepare a plan for post-merger integration of Air India with its existing airline ventures. Tata Sons operates Vistara - a 51:49 percent joint venture with Singapore Airlines and Air Asia India, in which Tatas hold 83.67 per cent stakes.
Based on the Skytrax ranking for 2018, IndiGo is number two among the best low-cost carriers in Asia, behind rival AirAsia.
In a shocker, the US Food and Drug Administration has discovered the presence of mice, ants and cockroaches in food served on airlines in the country.
Though there have been no cancellations of contracts by invoking the force majeure clause, a number of clients - especially in the worst-affected sectors like travel and hospitality, oil and gas, as well as manufacturing - have started asking for reducing level of IT support.
Airberlin passengers will be able to book flights to New Delhi, Mumbai, Cochin, Chennai, Hyderabad and Bengaluru with Etihad Airways, UAE's national carrier, the companies said in a joint statement.
IndiGo which has close to 40 per cent market share, at present has 129 aircraft and operates 883 daily flights to 44 destinations. It also has around 400 aircraft on order.
