Over the past six months, the airline's fleet has shrunk from 58 aircraft to 48 planes with the carrier returning 10 Boeing 737s to lessors.
CRRC Pioneer Electric (India) Private Limited, whose bid for the project is a joint venture of the Chinese firm CRRC Corporation Ltd with a Gurugram-based company according to its website, is one of the six contenders for the tender for procuring propulsion systems or electric traction kits for 44 trains to function as the Vande Bharat Express or Train 18.
The airline has said it isn't worried about competition in the domestic market, thanks to its spread across three passenger segments
This order is a part of the $5,941.93 million or Rs 35,000-crore (Rs 350-billion) project, which is to be implemented in 4 years.
India is not an easy environment to operate in and grow because of the high cost of operations, says Neil Mills.
The state-run carrier will shortly invite bids to replace its fleet of 11 ATR-42s and Bombardier CRJ planes with newer fuel-efficient turbo prop planes to improve its operating result.
With the new fleet of Bombardier Q400 aircraft, the Kalanithi Maran-promoted airline aims at reaching more hinterland of northern Indian and connect more Tier II and Tier III cities on its network.
At the height of its troubles and desperate to mop up cash to fly the next day, SpiceJet was offering ridiculously high deposit incentives to travel agents and online portals -- incentives it could ill afford.
Fuel costs, interest and lease rentals increased but an increase in other income (Rs 11 crore) and non-operating income (Rs 28 crore) helped the airline to boost revenue and contain losses.
The Bhopal MP was was asked to move to a non-emergency row seat as she was on a wheelchair but she refused, causing the flight to delay of almost 45 minutes. Ultimately, she acquiesced and moved.
Indian CEOs are to be now offered the choice of outsourcing all or part of their managerial responsibilities for a specified period.
'India should be adequately prepared for further Chinese mis-adventures at any time in the next few years.'
SpiceJet will begin regional operations from Tier-2 and 3 cities like Vijayawada, Tirupati, Mysore, Mangalore, Madurai, Nagpur and Indore using the Bombardier Q400 Next Gen turboprop aircraft.
The condition of over two dozen people who were admitted to the hospital in Kathmandu is said to be serious.
From the dust and dirt of a warzone to the gleaming uniforms of an army parade -- these are the images that show the reality of life for British servicemen and women. The revealing series of photographs are some of the winning entries in this year's Army Photographic Competition.
Indian Railways is in talks with Reliance Jio Infocomm to allow the Mukesh Ambani-led telecom major's use of its towers. The aim is seamless mobile and internet connectivity for passengers along the 67,368-km of tracks. The Railway Board has entrusted its RailTel Corporation arm to work on the modalities with Jio. The Jio tie-up is expected to bring down its telecom bill by at least 35 per cent from this financial year.
The Q400 NextGen turboprop aircraft from Bombardier can seat 78 passengers and has low noise and vibration-free features.
Bids for the proposed Rs 1,290-crore (Rs 12.9 billion) Madhepura electric locomotive factory in Bihar will be opened next week, say railway ministry officials.
The Aircraft Acquisition Committee of the civil aviation ministry, which approved the IndiGo request in principle, also gave similar approval to a proposal of the Chennai-based business class airline Paramount Airways to acquire 10 aircraft from the Canadian aircraft manufacturer Bombardier and European ATR, official sources said.
With the earlier order for 55 planes and additional 100 new 737-8 MAX aircraft, the no-frills carrier now has firmed up the order for a total of 155 planes, besides purchase rights for 50 B737-8 MAX and wide body aircraft.
The airport sees 950-960 aircraft movements daily, and Saturday saw an additional 37 flights to Udaipur as celebrities, filmstars and politicians made a dash to the city for pre-wedding celebrations.
Delhi Metro on Friday rolled out its new fleet of broad gauge trains, which are more faster and swankier than the present ones, as DMRC chief E Sreedharan promised more trains to meet the ever-increasing passenger rush on the new age transport system.
The travel period for tickets availed under this offer stands between January 15 and April 12
The Cabinet Committee on Economic Affiars had approved the Rs 1,293 crore (Rs 12.93 billion) greenfield project spread across 450 hectares. British consultancy firm Mott Macdonald has been engaged to prepare bid documents for the procurement. As a special railway joint venture project, it envisages manufacturing locos with 12,000 HP to carry 5,000 tonnes of freight at 100 km per hour on all terrains.
The airfares are already 15 per cent higher than last season and due to this shortage it will go higher, said Sharat Dhall, COO of Yatra.com.
Jet Airways Executive Director Saroj K Datta declined to comment, stating he has not got any circular from DIAL.
The aircraft costs nearly $45 million (nearly Rs 180 crore). The company owns a 12-seater Challenger 604 and a seven-seater Cessna Citation Bravo under the fixed wing operations.
The plane can fly non-stop to Singapore, Doha (Qatar), Kuwait, Abu Dhabi (UAE), Riyadh (Saudi Arabia), Kuala Lumpur (Malaysia), Tehran (Iran), Salalah (Oman) and Kunming (China), among other destinations, from various Indian airports.
The airline, which operates 24 daily flights including linking Delhi to Port Blair and Bhubaneshwar, would, however, provide free drinking water to all passengers.
He said the ministry was considering bidding out the airstrips in blocks for development as it might not be feasible to do it individually.
About 40 quit last November as the airline cut down its fleet.
Mitsubishi, Itochu, Bombardier, Siemens, GE and Alstom want piece of action.
Private carrier Jagson Airlines, which primarily operates flights to Himachal Pradesh, has joined the ongoing competition offering low fares on its flights to Jaipur and other cities in Rajasthan from New Delhi.
The ATR 72-600 aircraft was accorded water salute as it landed at the Jaffna airport, about 400-km from capital Colombo.
Seaplanes are fixed-wing aircraft that can take off and land on both water and airfields.
The airline reported a loss of over Rs 1,000 crore last fiscal which is five times higher than its 2013 loss.
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