With Air India's Gulf monopoly under threat and likely to end very soon if the civil aviation ministry has its way, the state-owned airline is now pitching aggressively for direct flights to the US and Australia to make up for the loss.
Playback singer Sonu Nigam on Friday lashed out the Jet Airways for suspending the crew members, who allowed him to perform impromptu on the aircraft's address system.
Go First chief executive officer Kaushik Khona and tribunal-appointed interim resolution professional Abhilash Lal on Thursday reached out to the airline's staff, seeking their support for revival. While Khona said the company had taken all steps for the airline's revival, Lal put forward the view it would have to raise funds. Employee engagement took place a day after the National Company Law Tribunal (NCLT) admitted the airline's insolvency plea on Wednesday and ordered a moratorium on recoveries.
A day after Air-India gave away its entire Rs 30,000 crore (Rs 300 billion) deal for 50 aircraft to American company Boeing
Here is the complete list of ministers in Modi 3.0 and their portfolios:
They say it will have severe impact on their financial strength
New airline Akasa Air on Monday said it is on track to receive its first Boeing 737 Max plane by mid-June and launch commercial operations by July. The airline on Monday released the photographs of its first Max plane from the Boeing production facility in the USA's Portland as it gets ready for delivery. "The airline recently reaffirmed its commitment of being on track to receive its first aircraft in India by mid-June and launch commercial operations in India by July 2022," its statement mentioned.
Akasa Air's plane occupancy, or load factor, improved the most among all major carriers in April compared to the last month. Load factor signifies the percentage of seats that the airline has been able to fill in its planes. The Vinay Dube-led carrier, which started commercial flights in August last year, saw its load factor jump by more than 11 per cent in April, according to the Ministry of Civil Aviation's data
Ratan was extremely ethical in his dealings, which he brought to bear on the business house which he helmed, remembers Sailesh Kottary.
Pakistan's national flag carrier on Thursday suspended flight operations to Afghanistan due to what it called "security concerns", hours after the Taliban government threatened to ban the airline unless it reduced the fare on the Kabul-Islamabad route to previous levels.
The facility will be available for domestic as well as foreign carriers flying in Indian skies.
According to the resolution plan, the airline is planning to start with six to seven aircraft on domestic routes and looking to restart international service within six months of resuming operations.
Domestic carriers seek week's time for suggestions on fares.
The first to take off will be Air Pegasus, promoted by Bengaluru-based ground-handling firm Deccor Aviation.
Govt gave 36,000 seats per week more than inter-ministerial group's recommendations.
The government proposes to divest 76 per cent of Air India, along with its shareholding in Air India Express and its ground-handling subsidiary, AISATS.
The government has requested the Civil Aviation Ministry to reduce the number of flights from these states in view of high prevalence of coronavirus cases there, Law and Parliamentary Affairs Minister J C Madhuswamy said in a statement.
A free and open aviation market, where the government keeps the interest of consumers higher than saving any airline.
At a meeting with airline chief executive officers and top officials here, the Civil Aviation Ministry also decided to amend Aircraft Act and Rules to safeguard the interests of aircraft leasing companies, many of which have started imposing stringent conditions for leasing planes to Indian carriers in the aftermath of Kingfisher Airlines shutting down.
'The lay of the runway is not at all safe.' 'Even operating a 737 is dangerous there.' 'During the monsoon, they must ban landing on runway 10.'
The airline informed the ministry that it would operate 75 planes by April-end.
The warning had come after SpiceJet's dues to AAI (including interest at 12 per cent) exceeded Rs 300 crore (Rs 3 billion) this month -- from Rs 230 crore (Rs 2.3 billion) early December last year.
