Some scheduled flights as well as those for which ticket sales are open would be affected.
It's too big to digest as one whole airline.'
A consortium of 26 lenders led by the SBI, with 51 per cent stake in the debt-trapped airline, has invited bids from potential suitors.
Jet fuel prices on Wednesday were hiked by over 18 per cent -- the steepest ever increase -- to all-time high levels after international oil price surged to a multi-year high.
Jet said a resolution plan that contemplates various options, including proportion of equity infusion by various stakeholders and the consequent change in the company's board, is being worked out.
Despite Covid downturn, CEO salaries went up by an average of 19% in FY21.
'The business continuity clause will mean the Tatas will have to keep running the airline for three years, and cannot exit the flying business.'
Based on the Skytrax ranking for 2018, IndiGo is number two among the best low-cost carriers in Asia, behind rival AirAsia.
The duo won the Trap and Skeet events respectively in the 46th National shooting championships.\n\n\n\n\n\n
Monsoon delay? Claiming compensation from an airline isn't easy.
Be ready to be amazed as Rediff.com encapsulates all the sporting action from the past week in this super photo feature.
This doctor couple put their faith in India. And in return India has put faith in them.
Star Ghana World Cupper and most capped player Asamoah Gyan has joined Indian Super League side NorthEast FC for the upcoming season.
"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."
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.
Let's take a look at some airports that have best on-time record in Asia, including one from India.
To avoid season pricing, keep a close eye on the calendar and begin planning travel at least 60 to 90 days in advance keeping tentative dates in mind.
'Windows shook and rattled, and the thunderous growl of the engines doused even the sound of our noisy helicopter till such time the plane had lifted itself into the skies and disappeared from view.'
Even in ruin, Jet retained its one essential brand quality: Dignity, says brand guru Sandeep Goyal.
Amid continuing uncertainty over the fate of the national carrier, an official said there is also need for funds to restart operations of 12 grounded narrow-body planes.
Rahul Bhatia, a promoter of the company, has been appointed as the interim CEO.
The US on Monday announced a new international travel system under which fully vaccinated individuals would be allowed to enter the country beginning in November.
Several videos emerged on social media in which teary-eyed students urged the Indian authorities to make arrangements for their return.
Former Air India executive director Jitender Bhargava comes out with a book detailing what went wrong with the national carrier. According to him, India does not have a civil aviation policy, and that's just the beginning.
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'.
According to airline sources, the software, which is of Atlanta-based SITA company, was not functioning approximately from 3 am to 9 am on Saturday. Consequently, boarding passes could not be issued at major airports across the world and various flights were delayed.
The Union government on Tuesday said it has issued 202 notices to e-commerce players for incorrect declaration of 'country of origin' on products on their platforms in the last one year. The maximum number of such violations were found with respect to electronic appliances, followed by clothing and home products. Out of 217 notices, 202 notices were issued for violations relating to 'country of origin' norm.
Some banks might charge you a nominal amount of Rs 100-150 for issuing the card.
A senior first officer with Jet Airways shares her plight.
Serving pilots question the Kozhikode plane crash report findings.
'Whether it is the unions or the politicians, they don't have to do politics over Air India, but be guided by a solitary factor -- that we don't want Air India to fly into oblivion.'
Airports hold pride of place in the government's National Monetisation Pipeline (NMP) programme to monetise public assets. Private airport operators, including the Adani group, Fairfax, GMR and Zurich Airport, are expected to evince interest in the next round of public private partnership (PPP) development of state-owned Airport Authority of India (AAI) airports. Industry analysts, however, do not expect bids to be as high as the last round, which saw Adani group gain control of six airports.
Charters, Udan flights choking Mumbai airport; MIAL may shift general aviation to Navi Mumbai once the airport is ready
State owned banks SBI and PNB were the top Nifty gainers along with ICICI Bank and auto shares.
Unless Naresh Goyal pulls the proverbial rabbit out of his hat or reveals an unexpected ace of spades, the airline he built from scratch - many refer to it as "his baby" - may slip out of his grasp, says Anjuli Bhargava.
There was also the exciting Rugby Union match that added that much more excitement to the past week. Rediff.com has that and more snapped right here. We bring you a glance of all the action from the week gone by
An all-women pilot team of Air India will fly over North Pole on the world's longest air route and the flight from San Fransico (SFO) will reach Bengaluru on January 9 covering a distance of about 16,000 kilometres.
Last year, Jet Airways and Air France-KLM signed an enhanced cooperation agreement' for the development of their operations between Europe and India
Experts expect a net loss of Rs 26.7 billion for IndiGo and Rs 10.1 billion for SpiceJet in Q1FY21 driven by low traffic volume, low fleet utilisation and poor coverage of fixed costs.
A resurgent SpiceJet is spreading its wings and Vistara is set to challenge Jet on long-haul routes in the coming years.
