India on Saturday 'strongly pressed' the Russian and Ukrainian governments through multiple channels for an immediate ceasefire in Sumy to ensure a safe passage for around 700 Indian students stuck there as it keeps focus on their evacuation from the war-hit city in eastern Ukraine.
The CBI recently approached the special court in Mumbai for issuance of LoR to conduct a probe to ascertain utilisation of funds received in the US-based bank accounts of Mallya and now defunct Kingfisher Airlines.
Based on the Skytrax ranking for 2018, IndiGo is number two among the best low-cost carriers in Asia, behind rival AirAsia.
Licensed bars in major UP cities could earlier remain open up to 1 am, or 3 am if they were located in five-star hotels. Unlike before, hotels in small cities can also apply for a liquor licence.
The change in eligibility criteria to participate in tenders for providing ground handling services in various regional airports was on Thursday criticised by the Delhi high court which said the central government was being "hypocritical" with regard to promoting local entrepreneurs.
Kingfisher has said it is in talks with foreign carriers for bringing in FDI, a move that is expected help it overcome financial troubles.
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.
The government is considering setting up air freight stations to enable direct movement of vaccines from pharmaceutical factories to the aircraft.
The Centre on Monday told the Supreme Court that it is taking all measures to extradite fugitive businessman Vijay Mallya, accused in bank loan default case of over Rs 9,000 crore involving his defunct Kingfisher Airlines from United Kingdom, but the process is being delayed due o some legal issues involved in the matter. A bench of Justices U U Lalit and Ashok Bhushan posted the matter for further hearing on March 15, after Solicitor General Tushar Mehta sought some time to file report on the status of extradition of Mallya. At the outset, Mehta shared a letter of the ministry of external affairs' official Devesh Uttam written to him on the status of extradition of Mallya from the United Kingdom.
Against the backdrop of objections by some MPs, Civil Aviation Minister Ajit Singh on Tuesday strongly defended the Rs 2,058 crore (Rs 20.58 billion) Jet-Etihad deal, saying those opposing it were "long on politics and short on facts".
This is the second extension for the bids since June 18.
The possible date for bidders to submit a resolution plan to the adjudicating authority -- National Company Law Tribunal (NCLT) -- is September 27.
What is more worrying, according to the report, is the fact that in over 20 per cent of the topic caseload districts where the second has ebbed, the third wave has set in firmly, which was only 5 per cent a month ago.
China on Thursday ruled out establishing an air defence zone along the India-China border like it recently did over the disputed islands in the East China Sea, saying such zones are created only in coastal areas beyond territorial airspace.
'Earlier, when they were selling tickets at Rs 1,000, a family of five could travel by flight.' 'When it comes to realistic pricing and the price becomes Rs 5,000, a family of five will have shell out Rs 25,000.' 'How many will be able to afford that?' 'You will see people switching back to train travel which is more realistic.'
Earlier, the JV company got a go-ahead from the Foreign Investment Promotion Board in October 2013 and was awaiting AOP for launching a full-service carrier.
A number of documents indicate that Pakistan International Airline has put embargo on Afghan citizens who have travelled to India.
Availability of Wi-Fi is also expected to provide local airlines an additional source of revenues amid stiff competition in the fast growing Indian aviation market.
'The web of transactions is so complex that it requires expertise to understand the strategies involved in each fraud.'
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.
Cairn Energy and Air India have jointly asked a New York federal court to stay further proceedings in the British firm's US lawsuit targeting the airline for enforcement of a $1.2-billion arbitral award. The move follows the government enacting a law to scrap retrospective taxation in the country, which in effect will result in withdrawal of the Rs 10,247 crore tax demand on Cairn, according to court documents reviewed by PTI. The British company had won an international arbitration award against levy of such taxes and sought to take over Air India assets when the government refused to honour the award and pay it $1.2 billion-plus interest and penalty.
The Insolvencies and Companies Court of London high court on Monday declared fugitive business baron Vijay Mallya a bankrupt person as per UK laws. Legal experts explain what this means for 65-year old Mallya's personal liberties, his legal battle against extradition to India to face trial, and for the consortium of Indian lenders - at whose behest the bankruptcy proceedings were initiated in the UK courts.
7,000 unemployed pilots in India but airlines continue to bet on expats
Belarusian athlete Tsimanouskaya, 24, had been due to compete in the women's 200 metre heats on Monday but said that on Sunday she was taken to the airport to board a Turkish Airlines flight.
The lone suspect has been detained and is being interrogated.
Crisis-hit SpiceJet hopedul of a turnaround.
The airline requires these pilots for the wide-body Boeing 777s.
With a large number of senior pilots quitting jobs in Indian carriers for greener foreign pastures, aviation regulator DGCA has warned of stringent action, including cancellation of licences, against those leaving without serving proper notice.
Jet Airways founder Naresh Goyal and few others have been booked by the Enforcement Directorate in a money laundering case even as the agency is conducting searches at his premises, officials said on Thursday. They said a criminal case against the former chairman of the airlines has been filed under the Prevention of Money Laundering Act after taking cognisance of a recent Mumbai Police FIR filed against him.
IndiGo's situation points to a deeper malaise where skill shortage can challenge India's status as the fastest-growing aviation market, say experts.
The international operations of Air India seem to be the main attraction for IndiGo, which has also flagged concerns about some foreign overseas airlines being allowed "disproportionate access" to the Indian market.
Naresh Goyal becomes the country's first airline promoter to receive foreign investment.
GoAir has 19 Airbus A320 planes and operates around 140 daily flights.
The number of local youth joining militancy has shown a declining trend during the current year. Check out information revealed by ministers in the Lok Sabha and Rajya Sabha.
'An ambassador may not be sure whether there would be a war next month, but prudence requires him to take action to see to it that people leave early.' 'Because once the war starts, it will be very difficult to move out.'
The airline has struggled to pay salaries and vendors on time and its Rs 10,963 crore fund and non fund based facilities have now been assigned 'D' rating by ICRA - the seventh rating downgrade since March 2017.
Also limits on-flight catering costs at foreign airports to save cost
Mallya's airline is the second domestic carrier to have received DGFT approval for ATF import after budget carrier SpiceJet.
India requested Pakistan to let Modi's aircraft fly over its airspace to Bishkek in Kyrgyzstan.
The change in ownership is necessary to conform to the government's foreign direct investment norms in aviation.
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