Air-India's budget service to destinations in the Gulf from Kerala is expected to start in April, Chief Minister Oommen Chandy told the state assembly on Tuesday.
Companies say that unlike in the US and other countries, in India the high cost of rentals and lower ticket price makes it unviable to run an operation without half the seats available for sale.
The selection gives a boost to the US engine firm, which lost out to rival manufacturer CFM International for IndiGo's 280 aircraft engine order in June.
However, the tender criteria demands that an entity must be eligible to conduct Beyond Visual Line of Sight operations in order to become eligible. Currently, no drone companies are eligible to do BVLOS operations, reports Arindam Majumder.
While IndiGo carried 16.82 lakh passengers, a 59.4 per cent share of the total domestic market, SpiceJet flew 3.91 lakh passengers, which is 13.8 per cent share of the total market, the DGCA data noted.
If the Murari Lal Jalan-Kalrock Capital combine can script a turnaround, it will have pulled off a bigger coup than Ajay Singh did with SpiceJet in 2014.
A career Citibanker, 'Selva' came into the spotlight as the person who rewired the financial behemoth's Indian retail operations.
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.
While IndiGo had 11.8 per cent of all the international seats to and fro India in the last week of August, Air India's seat share was 11.4 per cent. Emirates came third with 8.1 per cent, and rest of the airlines constituted 68 per cent of the seat share.
It's too big to digest as one whole airline.'
The airline has informed its flight attendants that they would be eligible for leave without pay between November 1 and December 20
Among the other conditions of the Hinduja group for picking up a stake in Jet is that bankers must take a haircut of 80 per cent and that they should help negotiate with operational creditors like aircraft lessors for moratorium on certain immediate payments.
Employees can be sent on LWP for six months or for a period of two years extendable up to five years, depending upon the following factors - suitability, efficiency, competence, quality of performance, health of the employee, instance of non-availability of the employee for duty in the past as a result of ill health or otherwise and redundancy.
Made from Jatropha crop, the fuel has been developed by the CSIR-Indian Institute of Petroleum, Dehradun.
Unplanned, last-minute pricing is hurting the aviation sector, as is evident from the balance sheets of Indian carriers
While the interest from Hinduja is a positive sign for the grounded airline, executives of banks cautioned that there is no certainty that the deal will fructify. The cost of recapitalising Jet Airways is increasing every day.
Given its network and fleet, it has garnered the highest share of passenger growth.
Airlines say that they are keeping their fingers crossed for December - another peak period - when, based on current bookings, the air fares for those who buy early are more or less in line with last year.
This is also the highest ever profit recorded by the carrier, which was facing turbulent times a year ago.
Airline to deploy around 50 planes in the next seven months
"The return fare on economy class to most European capitals from Mumbai are close to 50,000 plus. If an LCC can offer direct connectivity for a basic fare of 25,000 with additional top ups for meals, baggage and blankets, which further takes the fare to, say, 35,000, it is still a value deal."
'It will be like this: If you use the window seat in the first row, next will be the aisle in the second row, to maintain social distancing.' 'So, two-thirds of the aircraft is not going to be used.'
Rahul Bhatia, a promoter of the company, has been appointed as the interim CEO.
The SOP said priority will be given to compelling cases of in distress, including migrant workers and labourers who have been laid off, short term visa holders faced with expiry of visas, persons with medical emergency/ pregnant women and elderly persons or those required to return to India due to death of family member, and students.
The P-8I, which is widely acknowledged to be the world's most deadly LRMR-ASW aircraft, is a derivative of the Boeing 737-800 airliner, onto which a plethora of sensors and weaponry has been fitted.
Ninety years later, BA counts the country as its second-biggest overseas market after the US.
CEO Mittu Chandilya said AirAsia will retain the Rs 990 fare even when the company goes for expansion of new routes.
Passengers will have to shell out more money for air travel from now as the civil aviation ministry on Thursday increased the lower and upper limits on domestic airfares by 10 to 30 per cent.
Three senior executives - Pradeep Kumar (senior vice- president, cargo), Shrimanikandan Ananthvaidyanathan (chief information officer) and Praveen Iyer (vice-president, revenue management), have quit amid worsening financial situation
AirAsia will be the first airline to have Chennai as a hub and would focus on tier-II and III cities in South India.
Etihad is the fourth airline to operate the super jumbo aircraft to India.
Air India pilot unions IPG and ICPA on Monday sought Civil Aviation Minister Hardeep Singh Puri's intervention on the wage cut issue and also requested for an "urgent" meeting with him on several other issues. "In our meetings in September, you had given us an assurance to look into our grievances positively. "While other airlines are rolling back the austerity pay cuts for their pilots, the wage cut for Air India pilots further increased from October.
These airports are those at Amritsar, Varanasi, Bhubaneswar, Indore, Raipur and Trichy.
With over 700,000 annual passengers and 21 per cent market share Air India is the largest carrier on India-United Kingdom routes.
The civil aviation ministry appears supportive of SpiceJet because it does not want another airline to fail. The real test now will be the capacity of the airline's chairman, Kalanithi Maran, to raise funds. And he needs to do this quickly.
Ajit Singh says will seek cabinet nod to scrap 5-year, 20 aircraft rule.
The panel will be asked to give report by March-April next year.
'You want to be a team that wins the game irrespective of which stadium you are playing in and what the weather conditions may be on that day,' says the outgoing president of IndiGo as he looks back on his eventful tenure.
The eighth strike this year by the pilots over retirement benefits forced Germany's largest airline to cancel more than 1,500 flights on Monday.
