'$125 million for the hull and the remaining of over $350 million for liability.'
When passengers book a flight, they could receive a secure 'journey pass' on their phone that stores all relevant travel information including passport data, seat assignment.
'...than by the calendar.' Indian travellers are no longer restricting their getaways to summer or winter holidays.
The airline industry, one of the major contributors of CO2 emissions, has been doing its bit for a better world environment by investing in research on alternative energy sources.
Uber recorded approximately 200 per cent year-on-year growth in its pre-scheduled ride option, Uber Reserve.
The commerce and industry ministry is not in favour of allowing foreign airlines to buy stake in Indian carriers on the ground that the sector is sensitive.
Consider this: despite a traffic of over 130 million passengers flying international-to-international (I2I) routes per annum over India, only one-sixth of the long-haul traffic (26 million) emanates from the country.
Saroj Datta, executive director, Jet Airways, said capacity reduction was a way to beat the slowdown as air fares were stagnant. Last year, Jet had reduced capacity by 12 per cent. The airline would not reduce the number of aircraft as they were on lease, he said; keeping them idle would add to the company's financial woes. He also hinted at a substantial reduction in employee costs.
'In those 10 seconds, they even made a MAYDAY call -- which is only issued in case of a serious, imminent emergency.'
According to the new takeover guidelines, if they buy 25 per cent or more, they will have to make an open offer for another 26 per cent.
'A few answers for the reason of the crash will be known -- whether it was a technical fault, design issue, human error etc.'
Oil marketing companies (OMCs), paint manufacturers, tyre producers, and aviation stocks witnessed significant gains as Brent crude oil prices slipped below $70 per barrel. The price drop came after a double blow: The US imposed tariffs on Canada and Mexico, including energy imports, and OPEC+ - the group of major oil-producing nations including Russia - announced an output increase of 138,000 barrels per day, the first such hike since 2022.
Aviation is a juicy target. It's a 24x7 industry, which cannot afford delays or loss of customer credibility.
Some major contracts coming up for renewal include TCS' deals with Star Alliance, a consortium of airlines based in Germany, and Nielsen; Infosys' deals with GE Appliances and Daimler; HCLTech's with UK-based life insurer Chesnara; Wipro's with German electric utility company E.ON and Petrobras of Brazil; and Tech Mahindra's with Circle Health.
Kapoor and Sanon feature in Rhea Kapoor's The Crew, a film on women in the airline business.
Sanjive Narain, owner of Assam's oldest news channel, and Sanjay Aditya Singh, promoter of a cabin crew training academy, are coming together to launch a regional airline providing business and premium economy services in the Northeast. Jettwings Airways will be based in Guwahati and will connect places with twin-class Embraer E175 aircraft. The airline has secured an initial no-objection clearance from the civil aviation ministry and plans to launch services in October.
IndiGo on Wednesday said it was exploring an earlier introduction of wide-body planes in its fleet to meet the growing demand for international travel. Industry sources said the airline was in talks with Norse Atlantic Airways to wet-lease six B787 planes in its fleet.
Poaching engineers in the domestic airline industry will no more be easy.
The 56-year-old judge, enrolled as an advocate in 1992, was appointed as an additional judge of the Allahabad high court on October 13, 2014 and took oath as a permanent judge of that court on February 1, 2016.
This innovation has made mainframes the fastest-growing segment within IBM's Infrastructure business, demonstrating that even legacy technologies can continue to deliver value.
The recent spate of technical glitches in aircraft has prompted the Directorate General of Civil Aviation (DGCA) to issue an order on July 18, making aircraft maintenance engineers (AMEs) with category B1/B2 licences the final authorities in certifying planes. This has put the spotlight on the availability of such personnel. According to the order, airlines were resorting to frequent one-off authorisation by the Category A certifying staff at transit stations, which is not in line with existing regulatory provisions.
Mahindra & Mahindra on Saturday said it has decided to rename its new electric vehicle brand as 'BE 6' but noted that it will continue to contest strongly in court with InterGlobe Aviation for the trademark 'BE 6e'. InterGlobe Aviation, which owns IndiGo airlines, has taken the automaker to court over the usage of 6E in its new EV brand.
If all 102 grounded planes could fly, there will theoretically be 400 more Delhi-Mumbai flights every day.
'I wanted my life back. I want to enjoy the things that I wanted to do.'
The chartered flight, operated by a private firm, carrying Rishiraj Sawant (32) and his two friends returned to Pune airport between 8 pm and 8.30 pm on Monday, abruptly cutting short a trip to the Thailand capital which was not disclosed to the former minister, who is leader of the ruling Shiv Sena, and his family.
Talk to any member of the cabin crew on any Indian airline and you will hear the worst horror stories. Almost always, the targets of abuse in the air are female staff members who are called 'servants' or worse, points out Vir Sanghvi.
Anjuli Bhargava finds out that an astonishing number of relatives of DGCA officials over the years are and have been employed in the airline industry.
The income earned from such activities is crucial for the domestic airline industry, which had accumulated losses of over Rs 2,200 crore in 2007. These losses are expected to rise to Rs 2,800 crore in 2008.
The inactivity of Go First may help other airlines in India's competitive market as it had a 7.8 per cent market share.
The domestic airlines industry is estimated to have posted losses to the tune of over Rs 10,000 crore (Rs 100 billion) in the previous fiscal, nearly 18 per cent down from a year ago.
The European Commission has approved a relief package that its member states can announce in support of the airline industry.
The Union Cabinet is likely to take up the airline industry's concerns over high taxes on jet fuel and airport charges at its next meeting and a Group of Ministers (GoM) may be set up to focus on ATF pricing.
The presence of an engine maintenance, repair, and overhaul (MRO) facility in India could have prevented Go First airline from going "belly up", as sending engines abroad for servicing is not an efficient way to operate a carrier, Piyush Srivastava, senior economic advisor, Ministry of Civil Aviation, said in a statement on Tuesday. On May 3, Go First suspended its flights and filed for insolvency, squarely blaming engine manufacturer Pratt & Whitney (PW) for its cash crunch. The airline claimed that about half of its 54 aircraft were grounded on May 3 due to a delay in the supply of engines by the US-based company. PW has denied the charges.
Demand for the Christmas period is expected to rise further in the coming days.
An airlines industry body has sought reduction in customs and excise duties on aviation turbine fuel and allowing private firms to supply it to bring down prices.
From highways connecting once-remote regions to aviation networks carrying millions, India's infrastructure story is one of transformation.
Civil Aviation Minister K Rammohan Naidu on Thursday said India will need at least 20,000 pilots in the coming years to meet the rising air-travel demand in the country -- one of the world's fastest growing aviation market. Addressing a gathering at the UDAAN Bhawan here following the launch of Electronic Personnel License (EPL) for pilots, the Minister said aviation has always been the backbone of connectivity, economic growth, and technological advancements.
