The flag carrier had operated two flights as a special measure to airlift Indian citizens who were caught in the violent unrest in Egypt but some stranded fliers alleged that they had to shell out almost more than double the cost of a single ticket from Cairo to Mumbai.
The airline is trying to save on wage costs by cutting the normal notice period of six months by about half for pilots who have already resigned.
Kingfisher will be permitted to fly abroad this year, following its acquisition of Air Deccan. Since Air Deccan will be eligible for the international arena this August, Kingfisher too will enjoy this right.
Earlier this year, Mallya's UB Group had acquired 26 per cent stake in low-cost carrier Deccan Aviation for Rs 550 crore (Rs 5.5 billion). The Group has now scaled up its stake in the budget airline to 46 per cent by buying shares in an open offer.
Its revenue during the period grew by 65 per cent to touch Rs 9,458 crore (Rs 94.58 billion), as against Rs 5,718 crore (Rs 57.18 billion) during FY12.
Rainbow-themed badge adorns US training facility
A look at the Kalanithi Maran-controlled airline's place in the domestic aviation sector
It and Vistara both book slots here; former also likely to launch Mumbai flights from early 2015.
Jet Airways expects to return to profit in the next 18 months, following implementation of a new route network and fleet strategy and cost optimisation measures.
Major domestic airlines on Wednesday said they were considering imposing a fuel surcharge and hiking air fares following the announcement of a Rs 1,600/kl rise in jet fuel prices from midnight on Wednesday.
JetLite was created in 2007, following the takeover of Air Sahara in April 2007.
IndiGo will add Nagpur to its flight map from October 20 with daily flight to Mumbai and Kolkata.
The airline has said it isn't worried about competition in the domestic market, thanks to its spread across three passenger segments
'At any given point in time, we expect only 25 per cent of our workforce will need to be in office.' 'And any given person will only be required to spend only 25 per cent of their time in office.'
Lower taxes on ATF on international routes certainly help in making operations more viable.
Amid reports of a possible stake sale, low-cost airline SpiceJet on Friday said it is exploring all options to mop up funds to overcome the cash crunch.
A large number of passengers, almost 2,000 of them, were stranded due to cancellation of flights owing to bad weather, on Thursday protested at the Leh airport.
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.
For debt-laden Jet Airways, bitter foe Tata may turn into timely saviour.
The company has charted out a three step process in achieving the target
A regulator has to ensure that fares have transparency.
Total revenue dropped to Rs 5,406 crore in the first quarter of the current financial year from Rs 5,508 crore in the same period a year ago
Here's the full text of Prime Minister Narendra Modi's address to a joint session of the United States Congress, delivered on Thursday.
Though a formal purchase agreement with Boeing is yet to be signed, SpiceJet's order size could be of 40-50 planes, a source familiar with the development said. At list price, a 737 Max aircraft is valued at about $100 million (Rs 620 crore).
Central Industrial Security Force chief OP Singh briefed Union Home Minister Rajnath Singh on the heightened arrangements at airports, ports and other vital installations guarded by the central force.
Low-cost carrier SpiceJet Ltd on Friday said it expects to resolve settlement disputes with its lessors shortly.
Airline now financially more stable but still in the doldrums as the operating environment remains tough.
The government is ready to support Air India, but wants the airline to improve its performance.
Pilots represented by union Vereinigung Cockpit were holding a strike at Munich airport, Lufthansa's second biggest airport after Frankfurt, from 0800-1600 GMT on Wednesday.
'It goes without saying that Air India has now no imaginable reason to exist.'
SpiceJet's original promoter is closer to taking the management reins.
These companies have survived bankruptcies.
Seaplanes are fixed-wing aircraft that can take off and land on both water and airfields.
In December 2010, the price of the fuel in Delhi was Rs 45,240 a kilolitre.
It will focus on the under-utilised airports instead of offering services in main hubs such as Mumbai and Delhi.
Old-timers say Jet boss Naresh Goyal, although still razor sharp, doesn't have the same energy he once did and this reflects in his 'baby'.
Mittu Chandilya has criticised the proposed credit-based policy for international flight.
Low cost airline Air Deccan has filed an application with SEBI for entering the capital market.
'Airlines are free to fix the ticket rates after taking into consideration various factors.'
