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The load factor of six major domestic airlines--IndiGo, SpiceJet, Air India, GoAir, Vistara and AirAsia India -- stood between 70 per cent and 64.9 per cent in January.
The acquisition will give the Tatas a firm footing on international routes and generate economies of scale.
'I am seven months into the job, but it feels like seven years.'
Analysts remain sceptical on the profitability from freighter business, saying that once normal air transport resumes and there's abundant belly capacity, the traditional economics of air cargo may not be that lucrative.
Most of those who tested positive either recently arrived from African countries or were in contact with such people.
SpiceJet, India's second-largest private airline, kicked off the process of hiving off its logistics business to its subsidiary SpiceXpress as it looks to raise much-needed capital. On Tuesday, the company sought its shareholders' approval to complete the process and to raise up to Rs 2,500 crore via a qualified institutions placement (QIP). It is in talks with multiple private equity investors as it tries to sell shares in the logistics arm to raise money.
'It was more than ego.' 'It carried with it a sincere belief that he was the quintessence of the country, that the country's destiny was irrevocably intertwined with his destiny.' An excerpt from T J S George's The Dismantling of India: In 35 Portraits.
Suresh and Sarith had moved a joint plea seeking protection from arrest in the case lodged by the police on the complaint of a ruling Left Democratic Front MLA's complaint alleging conspiracy behind her revelations against him, the chief minister and his family.
'This plan is basically to allow some of the government assets for rent, and surely not for sale.' 'There is a difference between selling a house and renting out a house.'
Three Congress MLAs -- Hardeep Singh Dang, Bisahulal Singh and Raghuraj Kansana -- are reportedly still untraceable.
Karnataka Chief Minister B S Yediyurappa on Saturday dismissed rumours about his resignation, asserting that these were not at all true, and said Bharatiya Janata Party chief J P Nadda had told him to strengthen the party and bringing it back to power in the state.
Banks want government to retain 40 per cent of Jet slots at all airports to ensure a new owner can kick-start operations soon after taking over.
We asked you, dear readers to share your best tips on saving money. Rajarshi Pathak, 34, from Bengaluru shared these tips.
Reader Sanjay Kumar Sinha sends us a photograph.
Employees asked to work from home... cancelled travel plans... curtailed meetings... Caution and precaution dominate Corporate India's response to Covid-19.
At least 20 to 30 departures are being cancelled daily from metros and key airports including Ahmedabad, Bengaluru and Hyderabad.
Many states like Maharashtra, West Bengal and Tamil Nadu were opposed to opening up of their airports in view of rising cases of the coronavirus infection.
These exist in a unique world of by-invitation-only properties -- those that are never advertised and which money alone cannot buy. One cannot simply walk in for a tour of these apartments. A buyer must first meet the developer's targeted social criteria to get invited for a walkthrough of the property.
The ruling party legislators have expressed serious reservations about MLCs not elected by the people being made ministers, lack of representation to certain regions, with most ministers still from Bengaluru and Belagavi districts and also on their 'seniority or sacrifice' not being considered.
The biometric entry will take place with the consent of the passenger and the present system of check-in will also co-exist.
"Today is the birthday of Capt Sathe'smother. He had last met his parents in March and was constantly in touch with them over phone since then. They had last spoken a day before yesterday," his nephew Dr Yashodhan Sathe told PTI.
The 10 rebel MLAs had moved apex court alleging that the Karnataka assembly speaker was not accepting their resignations.
Cases with the Omicron variant have already been detected in Karnataka and Gujarat.
She not only failed to inform authorities about her son's return from Germany but also endangered the lives of others by lodging him in a railway rest house near the main Bangalore railway station, railway spokesperson E Vijaya told PTI.
India's largest airline has also told its crew members -- who are working on flights connecting India with East Asian countries like Thailand and Singapore -- to wear N95 masks at all times when they are on ground.
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.
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M D Riti remembers Gauri Lankesh, the courageous journalist who was murdered in Bengaluru on Tuesday night.
This is the first time in the history of the airport operator that revenue crossed Rs 10,000 crore.
The base will be used by carriers such as Alliance Air, a subsidiary of Air India, to operate 70-seater ATR aircraft to places such as Bengaluru.
'We believe there will be a full shutdown for four weeks and a partial shutdown for eight weeks.' 'Hence, economic activity is unlikely to normalise before the end of May.'
The Omicron variant was first detected in India in Bengaluru with two people testing positive for it comprising a South African national of Indian origin and a doctor.
Sathe had suffered multiple injuries on his skull in that incident, but due to his strong will power and passion he cleared the test and started flying again, his cousin said.
They said stranded Indians in central Asia as well as in various European countries will be brought back home in the second phase of evacuation beginning May 15.
Minutes after she concluded her press conference, she told a TV channel that her colleague Sarith PS, who also worked with her at HRDS India, had been kidnapped in broad daylight from her home by 3 or 4 unknown people.
After a long hiatus of more than 20 months, the government had on November 26 announced the resumption of scheduled international commercial flights from December 15.
While Karnataka reported five new cases, Delhi and Telangana reported four each, and Gujarat reported one fresh case of the Omicron variant.
UDF convener Benni Behanan said the Front has also decided to move a resolution against Speaker P Sreeramakrishnan and seek his resignation.
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