Two of the depositors had died of cardiac arrest, while another, a woman doctor, allegedly committed suicide.
Long-haul low-cost carriers like Scoot and AirAsia X offer a similar configuration.
Besides aircraft, passenger drones, helicopters, turboprops and seaplanes will help the government achieve its ambitious goal
Currently, there are related party transactions in four areas -- real estate leased to IGAL, simulator training facilities, General Sales Agreements (GSAs) for limited foreign markets and crew accommodation at Accor Hotels, the IGE statement said. Citing unaudited numbers for 2018-19, the statement said the related party transactions in the four areas accounted for Rs 150.12 crore or 0.53 per cent of IGAL's consolidated turnover.
In a fresh trouble for the budget carrier SpiceJet, aircraft lessors have approached the aviation regulator DGCA, seeking its permission to repossess 11 Boeing planes of the airline, even as its revival plan is under review of the Civil Aviation Ministry.
DGCA sources pegged SpiceJet's total dues at Rs 1,600 crore (Rs 16 billion), which the airline owes lessors, vendors, income-tax department and airport operators.
Low-cost carrier SpiceJet Ltd on Friday said it expects to resolve settlement disputes with its lessors shortly.
Banking stocks dipped with Nifty PSU Bank index falling 1.7% after the government notified the ordinance that seeks to tackle non-performing loans in the sector.
Under the new policy, external advice would be sought for related party transactions that are worth over Rs 2 crore and bidding process would be mandatory for any such contract.
SpiceJet urges HC to direct DGCA not to deregister its planes.
In its ongoing drive to cleanse the system of unqualified pilots, the Directorate General of Civil Aviation (DGCA) has asked all airlines to monitor the hiring and training of co-pilots in a more effective manner and to file a monthly report on this.
DGCA asks those likely to be affected by a scheduled air operator's permit to the airline to give suggestions, objections within 30 days.
The other three airlines that have been probed in this matter are SpiceJet, GoAir and Air India
Shikhar Dhawan with his wife Ayesha and children had to face an unexpected ordeal while on their way to South Africa which has led to the cricketer hitting out at the airlines
Indian bankers are fearful that going out of their way to save Jet could lead to subsequent harassment from investigative agencies.
Meanwhile, Minister of State for Civil Aviation Mahesh Sharma said that there was no question of any bail out to the beleaguered carrier
It offers fares as low as Rs 1,499 for a one-way journey.
Signalling an imminent change in SpiceJet's ownership, potential investors including co-founder Ajay Singh and US-based JPMorgan have begun discussions with markets regulator Sebi over their investment plan for the cash-strapped airline.
Airline mum on offer plans, sources say it will be looking to raise around Rs 1,000-1,200 crore
India's biggest airline IndiGo is set to file the prospectus next week for a domestic stock market listing.
7,000 unemployed pilots in India but airlines continue to bet on expats
Kingfisher Airlines had moved the Supreme Court against a probe into its two-year-old strategic alliance with Jet Airways.
If someone incompetent clears the system, it is probably intentional.
A bench of Chief Justice G Rohini and Justice Rajiv Sahai Endlaw posted the matter for hearing on Friday.
According to sources, Vistara was looking at commencing operations on Oct 15 to commemorate J R D Tata's flight from Karachi to Mumbai on the same date in 1932.
The proposal will now be considered by the Cabinet Committee on Economic Affairs.
Mallya and his group firms are already facing a probe by Enforcement Directorate for alleged diversion of loans taken by long-grounded Kingfisher Airlines
As many as seven passengers aboard the Boeing 777 Pakistan International Airlines flight PK-743 (Karachi-Madina) on January 20 were forced to stand throughout the over three-hour flight after the airline boarded excess passengers, Dawn newspaper reported.
The disappointment of the year is government's failure in finalising the re-drafted aviation policy.
Such seats would be available on a pre-payment of Rs 500 per passenger on domestic flights and Rs 800 for international travel
CCI's ruling came on a complaint filed by Express Industry Council of India.
'The DGCA, the ministry of civil aviation, Air India, the Airports Authority, all of them together form what I call an organised syndicate' 'In India, it is a fashion to blame the pilot because then nobody asks questions about the incompetence and grave negligence of this State-run syndicate.'
As India reached the halfway point in the 21-day coronavirus lockdown on Saturday, some states and rail and airline operators were considering measures to relax restrictions in phases from April 15. Simultaneously, the Centre has drawn up a cluster containment strategy to contain the coronavirus pandemic within a defined geographic area by early detection of cases, breaking the chain of transmission and thus preventing its spread to new areas.
'It is surprising and unfortunate that unfounded allegations are now being made without any reference to me whatsoever,' Vijay Mallya said.
Jet has about 1,200 pilots operating Airbus, Boeing and ATR aircraft.
The budget carrier was on the verge of collapsing in Dec.
IndiGo maintained its lead position with 49 per cent share of the domestic passenger market in May. SpiceJet's market share increased to 14.8 per cent in May, giving it the number two spot. The market share of Air India, GoAir, AirAsia and Vistara were 13.5 per cent, 11.1 per cent, 6.3 per cent and 4.7 per cent, respectively, in May this year.
The international operations of Air India seem to be the main attraction for IndiGo, which has also flagged concerns about some foreign overseas airlines being allowed "disproportionate access" to the Indian market.
To cement India's position as a preferred global outsourcing destination, the government on Wednesday liberalised guidelines for voice-based BPOs removing the distinction between domestic and international units as well as permitting interconnectivity between all types of OSP centres. Broadly, the rules would allow global companies, say an airline, with a voice-based centre in India to now serve global and domestic customers with common telecom resources, something that required dedicated, separate infrastructure previously. Moreover, the restrictions on data interconnectivity between any BPO (business process outsourcing) centre of the same company, a group company or any unrelated company has been done away with, allowing for massive flexibility in resource management for BPO operations.
Terming as "unfortunate" the loss of lives in the Malaysian Airlines tragedy, Civil Aviation Minister Ashok Gajapathi Raju on Friday said there was no Indian on board the aircraft.
