'I can confirm that it is fake news,' Ziegler tweeted.
How do you avoid being laid off? If you have been let go, what should you do next? Ask rediff Career Gurus to find out.
Akasa Air has reduced its service on 10 routes and stopped operating flights on eight others since the exodus of pilots began in early July. The airline's flights per week reduced from 945 in June to 754 in October, according to aviation analytics firm Cirium's data, which has been reviewed by Business Standard. The airline currently operates flights on 34 routes. Between June and October, Akasa Air ceased operations on the following: Ahmedabad-Kochi, Ahmedabad-Hyderabad, Ahmedabad-Pune, Bengaluru-Hyderabad, Bengaluru-Chennai, Kochi-Hyderabad, Goa-Lucknow, and Goa-Hyderabad.
Officials hint the visit could finally see a formal defence industrial road map being adopted by both nations.
Helicopters are anticipated to be more in demand compared to fixed-wing aircraft as choppers will help in providing accessibility to rural and remote areas in a shorter time.
At a time when exchange-traded funds (ETFs) were unloading Jio Financial Services from their portfolios, some active fund managers were placing large bets on the demerged financial services arm of Reliance Industries Ltd (RIL), a report by Nuvama Alternative & Quantitative Research shows. Motilal Oswal Mutual Fund and Quant Mutual Fund were the top MF buyers of the stock in August. They bought around 60 million shares each, together investing around Rs 2,800 crore.
Failure to reinstate salary even two years after the drastic cuts has landed the airline industry in a massive industrial relation crisis. While employees of Air India had organised a strike back in 2011, it is for the first time that private airlines are facing serious stress related to workers. IndiGo witnessed two of them, back to back. In the first instance, around 50 per cent of the IndiGo flights were delayed as a large number of crew members went on mass sick leave, apparently to participate in a rival airline's walk-in job interview.
Deploying additional Central Industrial Security Force (CISF) personnel, providing real-time updates through social media, adding more immigration counters and ensuring 100 per cent manning of immigration counters - these are some of the steps that the Ministry of Civil Aviation (MoCA) is now taking in coordination with other stakeholders to avoid congestion at major airports during the upcoming festival season. During the last year's festival and winter season, major airports in the country suffered from congestion due to lack of sufficient airport infrastructure, inadequate X-ray screening machines, bunching of flights at peak hours, as well as inadequate CISF and immigration personnel, the MoCA stated on Thursday. Civil Aviation Minister Jyotiraditya Scindia, after last year's congestion issue, had asked major airports - including Delhi, Mumbai, Bengaluru, Hyderabad, Kolkata and Chennai - to identify bottlenecks and augment capacity to meet the growing passenger demand.
Aviation security watchdog BCAS has recommended installation of scanners based on computer tomography technology at airports whereby passengers will not be required to take out electronic devices from their hand baggage before going through the scanner. Currently, the scanners used at airports provide a two-dimensional view of the objects inside a hand baggage. Jaideep Prasad, Joint Director General of the Bureau of Civil Aviation Security (BCAS), on Wednesday said the regulator has proposed installing scanners based on computer tomography technology at airports that will provide a three-dimensional view of the objects in hand baggage.
The top-notch faculty at Crotonville, including Noel Tichy, Ram Charan, Vijay Govindarajan, along with GE's top leaders Jack Welch, Gary Reiner, Bill Conaty, Jeffrey Immelt and Susan Peters, together delivered sought-after programmes on leadership to generations of early-stage leaders, mid-tier and senior managers from all over the world, recounts Indrajit Gupta.
The event is expected to bring in a number of visitors to the city from airlines, airports and tourism industries who will discuss and explore opportunities for airline route development, MIAL said in a statement.
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.
'I would like the fleet acquisition to materialise at the earliest. It is a high priority item.'
The average fares charged by Jet Airways and its low-cost carrier arm Jet Konnect were higher than the average industry fares on almost all routes, according to a monthly internal analysis for July by the Directorate General of Civil Aviation (DGCA).
Riding on e-commerce wave is the youngest state, which faces competition from neighbours.
The actor got engaged to Mumbai based girl Rukmini Sahay in a intimate ceremony!
More than 1,600 employees of Air India, the former state-run carrier now owned by the Tata group, have opted for voluntary retirement under a scheme announced on June 1. These employees comprise 22 per cent of permanent staff (around 7,000). The airline has a total employee strength of around 10,800, including those on contract.
India's ailing aviation sector can finally hope to get some relief. The Union Minister of Civil Aviation, Praful Patel has announced that a Group of Ministers (GoM) has been formed to look into the issues faced by the aviation sector.
The Aviation Industry Employees Guild will file a petition in the Bombay high court this week against a decision by the National Aviation Company to cut daily outstation and tour allowances within India by 50 per cent. Nacil was formed after merging Indian Airlines and Air India last year.
Hit by soaring fuel prices, the aviation industry is mulling introduction of a "differential fuel surcharge" based on VAT rates in each state to partially offset losses suffered by the air carriers. "Airlines would not be able to survive if the cost of aviation turbine fuel (ATF) is so high and competition brings down the fares," V Thulasidas, chairman and managing director, Air India said.
Images from Day 8 of Wimbledon 2024 at The All England Lawn Tennis and Croquet Club in London on Monday.
International oil and gas giant Royal Dutch Shell is all set to foray into distribution of Aviation Turbine Fuel, fuel for airplanes.
Air India owns 32 aircraft, and has 37 aircraft on finance lease; Air India Express owns 17 aircraft on finance lease. The aircraft-related debt of Air India is Rs 16,000 crore; it's Rs 1,100 crore for Air India Express.
Along with IAF officials, the AAIB will also reach out to experienced private sector executives, meteorologists, and aviation psychologists to be part of the probe.
In the termination letters, RIL mentioned that the business has been impacted by the slowdown and the company was not in a position to continue with their employment. Employees who would resign will get one month's salary as compensation. When contacted, an RIL spokesperson declined to comment on the development.
The National Aviation Company Ltd, which runs Air India, today named Gustav Baldauf as its chief operating officer.
The airline industry is one of the least able to financially absorb shocks.
Consumption-related stocks, such as hotels, and quick service restaurants (QSRs), have been hitting the ball out of the park ahead. On the other hand, the Miss World Pageant scheduled for later this year in New Delhi, too, could provide some tailwind to these stocks, especially hotels and aviation. However, analysts suggest investors put their best foot forward and buy these counters only on a decline given the recent rally and economic headwinds.
The rules affect UK residents and Irish nationals travelling from 33 countries on the so-called 'red list', which covers much of South America, southern Africa, the United Arab Emirates and Portugal as feared regions for new coronavirus mutations. Non-UK travellers from these locations are currently banned from entry anyway.
Airlines in Asia-Pacific expected to post losses worth $1.1 billion out of a total industry loss of $8.3 billion next year.
This is the first time that AirAsia chief has raised concerns about the dual airline strategy of the Tata group, his partner.
National carrier Air India became part of the 27-member global airlines grouping Star Alliance, as budget airline AirAsia India launched operations and Tata-SIA joint venture carrier Vistara received the flying permit and announced its intentions to start operations from January 9.
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.
The beneficiaries of the second set of announcements are expected to be micro, small, and medium enterprises, farmers, women, poor, migrant workers, and other marginalised sections of the society, reports Arup Roychoudhury.
The 50th International Paris Air Show, which began on Monday at the Le Bourget exhibition centre, will culminate on June 23 and will bring together all the aviation industry's players across the globe to showcase the latest technological innovations. More than 2100 exhibitors from 45 countries are showcasing their flying wonders in the 192,000 square metres of exhibition space.
The government on Tuesday increased the windfall profit tax on crude oil produced in the country and reduced the levy on exports of diesel. The tax, levied in the form of Special Additional Excise Duty or SAED, on domestically produced crude oil was increased to Rs 9,800 per tonne from Rs 9,050 a tonne, according to an official notification. SAED on the export of diesel was reduced to Rs 2 per litre from Rs 4 a litre and on jet fuel or ATF to nil from Rs 1, the notification said.
'From our survey we found that there was a problem in the agricultural sector and drones could solve the problem.'
If all 102 grounded planes could fly, there will theoretically be 400 more Delhi-Mumbai flights every day.
Growth rates in traditional markets are slowing and airlines need to reshape their networks.
The government is expected to take a decision tomorrow on the issue of allowing foreign airlines to buy up to 49 per cent stake in cash-starved Indian carriers.
