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As per the FIPB agenda, the proposal will be taken up on October 18.
The airline is also looking at cities in the northeast.
Vijay Mallya-promoted Kingfisher Airlines's international service, which is expected to start by January 2008, will be staffed entirely by foreign cabin crew.
The All India Cabin Crew Association, claiming to represent 2,500 cabin crew of Air India, said: "While we bear Capt Gustav Baldauf no ill-will at all, it is tragic that the airline that was built by one of the world's legendary aviators, Bharat Ratna J R D Tata, must today be saved by a foreigner, whose only link to India seems to be Jet Airways."
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The proposal of Tatas and Singapore Airlines for a new joint venture, entailing foreign investment of $49 million, is likely to come up before the Foreign Investment Promotion Board for approval on October 18.
Two aborted missions, three different ministers, multiple rule changes and two decades later, Indian taxpayers will no longer have to pay Rs 20 crore per day to keep the loss-making Air India flying. While opposition Congress expectedly attacked the decision as selling the family silver, DIPAM secretary Tuhin Kanta Pandey said what Tata is getting is not a cash cow but an airline which is bleeding where money needs to be pumped in to refurbish obsolete aircraft and dust up strangled ones while being unable to touch any employee for one year and only be able to resize staff after paying a VRS. "It won't be a very easy task there. Only advantage is they (new Air India owner) are paying the price which they think they can manage. "They are not taking the excessive debt accumulated to fund years of losses. We are continuing it as an ongoing concern.... This process has also saved huge amount of taxpayers money going forward," Pandey told PTI.
Jet fuel prices are about 33% lower than the same period a year ago.
IndiGo on Monday said that around 30 aircraft are grounded due to "supply chain disruptions" and the country's largest airline is evaluating wet leasing of planes and other options to boost operations. At the end of September, the carrier -- also the world's seventh largest in terms of daily departures -- had 279 aircraft in its fleet. It operates more than 1,600 daily flights and currently flies to 100 destinations, including 26 international ones.
Tata group-owned Air India plans to hire expat pilots for its Boeing 777 planes as the airline is facing a shortage of pilots amid plans to expand its fleet as well as international operations, according to sources. The carrier is looking to rope in around 100 pilots for the wide-body Boeing 777 fleet and has approached various agencies that provide expat flight crew to airlines, the sources told PTI. The loss-making Air India, which was under government ownership for nearly seven decades till the Tata group took over in January 2022, had stopped hiring expat pilots many years ago to save costs.
The passengers included 10 foreigners, according to the state-run Nepal Television.
Ahead of a crucial meeting next week, the Foreign Investment Promotion Board is scrutinising the commercial cooperation agreement between Jet Airways and Etihad Airways to ensure control is not passed on to the Abu Dhabi-based airline.
The Directorate General of Civil Aviation will examine issues relating to domestic airlines tying up with foreign carriers and setting up companies abroad to start international operations.
The financial impact of the tsunami will be to the tune of $15-20 million.\n
The commerce and industry ministry had moved a Cabinet note to allow foreign carriers pick up equity in their Indian counterparts.
In the crowded Indian skies with over half-a-dozen well-established national carriers, Thiagarajan has a tough challenge ahead of him.
SpiceJet has held "preliminary discussions" with a Gulf airline for potential investment in the Indian budget carrier, a news report has said.
The Naresh Chandra committee on civil aviation has recommended allowing upto 49 per cent foreign direct investment in the country's airlines.
DIAL has filed four cases in June 2012 against Mallya over KFA's cheques totalling Rs 7.5 crore not being honoured.
The sources said that during the boarding, the male passenger behaved in an unruly manner and touched the female cabin crew member inappropriately.
Nepalese authorities on Tuesday started handing over to family members the bodies of those killed in the January 14 crash of a Yeti Airlines passenger plane with 72 people on board.
Let it gradually pull itself out of international routes and focus on linking remote towns and cities.
The passengers aboard the helicopter are reported to be five Mexican nationals, whose identities have yet to be disclosed and pilot senior captain Chet B Gurung, the Himalayan Times newspaper reported
The Nepal government signed a $215.96 million soft loan agreement with China in March 2016 for the construction of the airport in this tourist hub.
The flight, carrying 216 passengers and 16 crew, landed safely, the Tata Group-owned private carrier said in a statement Tuesday evening.
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.
Richard Branson-promoted Virgin Atlantic Airways is interested in investing in the Indian civil aviation sector once the Union government
Defying the directive of the Indian Pilots Guild, some pilots of Air-India on Wednesday reported for duty and rostered for flights.
Meeting on Tuesday to decide on letting foreign airlines buy into domestic ones.
Airlines whose carbon emissions are more than prescribed cap have to reduce emissions or pay for it z
As many as 128 pilots have left Air India, Indian Airlines and Alliance Airways between 2004 and 2006, the Rajya Sabha was informed on Tuesday.
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