Banks who had lend to Kingfisher Air are finding it difficult to recover dues.
Manchester United's plane had to abort its landing seconds from touchdown as the squad flew to Germany for Wednesday's Champions League match with Bayer Leverkusen, British media reported.
Air India will no longer enjoy a priority in allocation of international traffic rights. This follows its takeover by Tata Sons in January. The Directorate General of Civil Aviation has dropped a clause which gave Air India an advantage over other private airlines in the amended rules issued on April 19.
Let it gradually pull itself out of international routes and focus on linking remote towns and cities.
These companies have survived bankruptcies.
Travel companies are expecting a heavy rush to the US following the withdrawal of curbs on fully vaccinated travellers from select countries, including India, on November 8. The move will benefit those holding long-term tourist, business, and work visas. Also, new and extra flights by Air India and American Airlines are expected to provide better travel options.
'As part of our D33 strategy, the plan is to establish 30 unicorns in Dubai within the next 10 years.'
United Bank's exposure to Kingfisher Airlines was around Rs 350 crore (Rs 3.50 billion)
They have a minimum travel time of 14 hours and 55 minutes and cover at least 12,189 kms.
United Spirits wants to align its resources to meet its goals of becoming a trusted and respected consumer goods company.
Kingfisher Airlines is exploring hiving off its engineering department into a separate maintenance, repair and overhaul (MRO) unit. This is one of several measures being considered by the airline management to tide over its current financial crisis.
The Champions League final was set to be staged at Zenit St Petersburg's stadium on May 28.
Rahul Bhatia, a promoter of the company, has been appointed as the interim CEO.
The board of directors will review the position of Vijay Mallya, under self-exile in Britain, at its next meeting on August 12.
Nepalese rescuers resumed their search on Monday for four persons still missing after a passenger plane with 72 people, including five Indians, crashed into a river gorge while landing at the newly-opened airport in the resort city of Pokhara, killing at least 68 people onboard.
At the heart of the strategy is the basic fundamental of keeping costs for long-haul flights low.
Customer service operations of British Midland (bmi), a British airline company, will be outsourced to India under a five-year outsourcing agreement it has signed with the United Kingdom's contact centre management company Ventura.
Several companies and technology heavyweights including Microsoft, Oracle and Salesforce are working to create a digital vaccination passport or health passport app in the hope that governments and airlines will require travellers to upload details of their Covid-19 tests and immunisation. The vaccine passport will effectively create digital credentials that could be the key to attending crowded events or even visiting countries.
Brewing billionaire Vijay Mallya's woes seem to be compounding. His flagship spirits arm, United Spirits Ltd (USL), is starting to mirror Kingfisher Airlines.
A right-wing group on Thursday vandalised the office of Pakistan International Airlines in New Delhi prompting Islamabad to take up the issue with the ministry of external affairs.
Three Indian carriers -- SpiceJet, Vistara and Air India Express -- have Boeing 737 aircraft in their fleets.
SBI-led consortium of 17 banks had a total exposure of about Rs 6,500 cr to Kingfisher Airlines.
A United Airlines pilot flushed bullets down a toilet on board a flight to Germany after realising he had brought live ammunition onto the plane, prompting the airline to launch a probe.
The maintenance, repairs and overhault firm, which has six investors, received its first external funding from GTI Group and Punj Lloyd in 2007. All existing investors will exit the company following the transaction.
Champions Manchester United topped the table for English Premier League television income in 2012-13, raking in almost 61 million in the final year of the current three-year contract, the League said on Tuesday.
'For the moment, we have barred these pilots from flying the Max and they have to retrain successfully for flying the aircraft,' DGCA chief Arun Kumar said in a statement.
Planemakers have started pitching their latest aircraft to a privatised Air India which has been acquired by salt-to-steel conglomerate Tata Sons. European aerospace major Airbus on Monday said that it is in talks with the airline to sell its long haul aircraft Airbus A350-900. The wide-body aircraft is capable of flying non-stop between India and United States- one of the most popular and revenue generating routes.
There is no official announcement yet on the fate of the 123 passengers and nine crew members as hopes receded about finding any survivors, considering that the plane crashed and exploded in a mountainous area.
would also take on board its strategic investment partner Etihad
According to top sources in the airline, about half the employees will shift to these JVs, which will be clearly focused on the areas of operation and will have to make money.
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.
USL claims it has given a report on how the liquor baron channelled money from the company to Kingfisher Airlines, Force India and Watson.
Heavy rains and thunderstorm on Monday brought Delhiites a much-needed respite from the lengthy spell of sweltering heat, but it also affected road and air traffic during the morning rush hours, and brought down houses and trees, leaving at least eight people injured.
