With passengers flying Indian skies getting more and more unruly, day by day, airlines are forced to stock rope and handcuffs on board and use them as they did the other day on a Dubai-Delhi flight.
'Everyone says never waste a crisis.' 'When we went into Covid and we were in total lockdown, we were at work.' 'The planes were not flying and we wondered what to do.' 'We looked at each of our performance metrics -- what are customers complaining about, how do employees feel, how do investors feel?'
In a circular issued on Tuesday, Saudi Arabia's General Authority of Civil Aviation said it was "suspending travel to and from the following countries: (India, Brazil and Argentina) including any person who has been in any of the mentioned countries above in the last 14 days prior to their arrival to the Kingdom".
When the 'god' is angry, look what happens. Sachin Tendulkar, 'God of Cricket' was annoyed and expressed his displeasure on Twitter. Since then, the social networking site is buzzing.
A total of Rs 30,000 crore was allocated for five years to Air India by the United Progressive Alliance government in its second term.
Tag for defaults on nearly Rs 7,000 cr loans to long-grounded Kingfisher Airlines
In March this year, the banks tried to sell the Kingfisher House in Mumbai to recover a part of their dues.
Officials of 17 banks which gave loan to Kingfisher Airlines and UB Group are also under the agency's scanner
As a multi-disciplinary organisation, SFIO probes cases of financial frauds that are referred to it by Corporate Affairs Ministry
'Mallya has offered to pay the original amount.' 'Let us say he means the principal amount and that stands at Rs 5,000 crores.' 'The Indian banks have to ask themselves if they would rather have this 5,000 crores or would have none of it at all,' asks Sudhir Bisht.
UBI's exposure to Kingfisher Airlines was around Rs 350 crore (Rs 3.50 billion) as part of consortium led by State Bank of India.
Unlikely to happen in less than a year,despite the advantage of the parent airline's base.
SBI has the highest exposure of Rs 1,600 crore to the beleaguered Kingfisher Airlines.
The DGCA will concentrate only on technical and safety aspects.
Abu Dhabi is no longer exclusive hub for Jet, Etihad won't recommend candidates for Jet management.
Lenders to Kingfisher Airlines, led by State Bank of India, had moved courts to get residual rights over these shares after Srei recovered the collateral from the defunct Kingfisher Airlines, making it difficult for Srei to sell the shares, said a legal source.
Mumbai airport is the largest gateway for movement of pharma and agro products in the country.
Mallya showed his net worth at Rs 615 crore, mainly in shares and bonds.
'The pandemic ends only when 70 per cent of the world is vaccinated with two doses.'
The 12,350 sq mt Villa was once used by Mallya to host lavish parties in his 'good times'.
India's newest airline-Vistara is bullish on growth prospects.
United Bank of India has already declared Kingfisher a wilful defaulter while State Bank of India, Punjab National Bank and IDBI have initiated such a move.
The condition of over two dozen people who were admitted to the hospital in Kathmandu is said to be serious.
Govt to play enabler not handler, India never had more decisive government: PM Modi Prime Minister Narendra Modi on Monday cited his dispensation's push for wide-ranging reforms, including the privatisation of Air India, to assert that the country never had a more "decisive government". Launching the Indian Space Association (ISpA), an industry body aspiring to be the voice of the country's space sector, Modi noted that fields like mining, coal, defence and space have been opened to private players, and said his government's clear policy about public sector enterprises is to open those to private industry where its presence is not required. While opening a host of sectors, the government has built a regulatory environment in which priority has been given to national interest as well as the interests of different stakeholders, he said.
One thing is certain: The part-Goan, part-Malayali group CEO of Air Asia is not your usual boardroom CEO, and he cultivates the maverick businessman image, buying race car teams and football clubs and taking off-beat bets with his mentor and now buddy Richard Branson of Virgin.
Oil is now in the $135 range. If this price holds for the next 12 months -- as the futures markets tell us -- the added burden will be a staggering $99 billion. Losses in 2008 could reach $6.1 billion. The situation is desperate and potentially more destructive for the industry than our recent crises -- SARS, terrorism and war -- combined.
Kingfisher Airlines said it would "vigorously challenge" the bank's decision.
A familiar face in the glamour circles, Sidhartha Mallya is being groomed to eventually step into his father's shoes.
Dutch investigator Wilbert Paulissen said the Joint Investigation Team had come to the conclusion that the BUK-TELAR that shot down MH17 came from 53rd Anti-aircraft Missile Brigade based in Kursk in Russia.
In an SEC filing dating back to 1997, he figures as "J Vallabh".
The company expects four to five per cent revenue growth from Star Alliance membership.
The resolution plan has to be put to work this month itself. Jet has a debt of over Rs 8,000 crore and needs to make repayments of up to Rs 1,700 crore by the end of March.
Vijay Mallya on Wednesday gave a proposal to the Supreme Court to repay around Rs 4,000 crore (Rs 40 billion) loan to banks by September this year.
Let's take a look at some of the best airports in the world.
Chaitanya was working in Cognizant Technologies on a Southeast Airlines project.
Indian students, who are living and studying away from home, tell us how they are dealing with the COVID-19 crisis and what they discovered on their journey back home.
'Airlines are free to fix the ticket rates after taking into consideration various factors.'
The petition has also made the Ministry of Finance and the bank as parties in the case.
The United States has restricted the entry of passengers from the three Ebola-stricken West African nations to five major airports conducting enhanced screening for the virus, safeguarding its citizens from the epidemic.
Minister of State for Civil Aviation Jayant Sinha emphasised that the brand name has both sentimental and economical value.
