Typically, airlines offer discounts to companies committing a fixed business during the year.
Despite the gains from Jet's closure, in 2018 and 2019, the airline continued to make losses in many quarters for a variety of reasons, including some mistakes like taking on Jet's aircraft, which were not in great shape and had business class configuration, a gamble that did not work for SpiceJet.
Besides human resources integration, the merged airline, is expected that the combined airliner would have the benefit of increased cost savings and profitability of Rs 820 crore by 2010.
The national carrier, which is already struggling with its fuel payments, spends Rs 6,000-7,000 crore annually on fuel. A 10 per cent hike in crude price would mean over Rs 50-58 crore of extra costs for the airline.
Mallya's barrister, Clare Montgomery, reiterated the central defence that there had been no misrepresentation or fraud on the part of her client and that Kingfisher Airlines was the victim of economic misfortune alongside other airlines.
According to media reports, Securities and Exchange Board of India is debating whether to reopen the issue of an open offer for shareholders of Jet Airways after another regulator said that Etihad enjoys joint control over the Indian airline.
The Bharatiya Janata Party attacked Civil Aviation Minister Praful Patel for his alleged role in valuations of Indian Premier League bids, saying the minister could not value Air India or Indian Airlines but wants to play a consultant's role in T20 cricket tournament.
Air India top brass on Thursday met leaders of two pilots' unions and assured them that their problems would be looked into, especially those relating to the wage structure.
The red corner notice was issued on the request of the CBI against seven accused in the hijacking of the Indian Airlines plane from Kathmandu to Kandahar in southern Afghanistan on December 24, 1999 -- Yousuf Azhar, Ibrahim Athar, Sunny Ahmed Qazi, Zahoor Ibrahim, Shahid Akhter, Sayed Shakir and Abdul Rauf, they said.
He claims that his offer to pay back the debt owed by his now-defunct airline had been rebuffed by the banks and the Indian government.
For two decades after his release in exchange for passengers of a hijacked Indian Airlines plane in 1999, Azhar has since been the darling of Pakistan's external snooping agency Inter-Services Intelligence.
Former Director General of Sikkim Police Avinash Mohananey interrogated Azhar many a times during his two-decade tenure in the Intelligence Bureau.
Indian Airlines offers a free return ticket to passengers booking tickets through the IA Web site.
In India, many players are in the throes of chaos and pain but at least one partnership -- Air Asia India -- that was fraying even before the pandemic now finds itself at breaking point, says Anjuli Bhargava.
Stating that open markets mean more opportunities, Modi said during the last six years the government has made many efforts to make the Indian economy more open and reform oriented.
The loss-making airline has already started using food items stocked from India during its onward journey to Stockholm, Copenhagen, Birmingham and Madrid, and use them when returning. It has said food items purchased from these foreign cities are much more expensive when compared to Indian cities.
Indian Airlines on Thursday said it had launched a 24-hour helpline number to minimise the likely inconvenience to its passengers on account of adverse weather conditions during the months of December and January.
According to Boeing, India would need 1,940 single-aisle planes worth $220 billion and 350 wide-body aircraft valued at $100 billion.
The government on Thursday said the issue of an initial public offering of Air-India and Indian Airlines was at a preliminary stage of discussion.
Indian Airlines had to pay the amount as compensation to a British firm for aborting a pilot training contract. UK-based Storm Aviation was to train 66 pilots over the first three months of the term that cost pound 11,380 per candidate. However, IA discontinued the training after the first batch of 10 pilots. Storm Aviation filed a lawsuit demanding about pound 500,000 in compensation; IA settled out of court by paying pound 350,000.
Tickets will be sold only through Air India website from August 27-31 and for travel during August 27-September 30.
The building of the metro in south Bangalore has represented, to borrow a line, not the building of a city, but the sacking of a city.
This is the first time that AirAsia chief has raised concerns about the dual airline strategy of the Tata group, his partner.
'Some of his decisions were not so good, but his intentions were always guided by a deep national interest.'
Ending suspense over the appointment of Air-India MD, the government said on Friday that Sunil Arora, chairman and managing director of Indian Airlines would assume additional charge of the international airline.
'India's future: To manufacture so efficiently that we do not need protection,' says Naushad Forbes.
The Aviation Industry Employees Guild will file a petition in the Bombay high court this week against a decision by the National Aviation Company to cut daily outstation and tour allowances within India by 50 per cent. Nacil was formed after merging Indian Airlines and Air India last year.
The deferment was announced as the judge was still going through the documents of the case submitted by the defence and the prosecution, the Central Bureau of Investigation, for about seven years.
The FIA termed as 'illegal' the clearances granted to the airline by the Finance Ministry and the Foreign Investment Promotion Board and called the grant of Air Operator's Permit or the flying licence to it 'fraudulent'.
IA has cut fares on the UAE to Delhi and Mumbai routes by 20 per cent. The one-way fare has been cut from Dh500 (about Rs 5,500) to Dh 400 (Rs 4,400), while the fuel surcharge remains same. The new fares came into effect from July 14. Indian Airlines Regional Manager Abhay Pathak said the airline had introduced special fares to Delhi and Mumbai last Monday.
"For the Lok Sabha elections, we are making meticulous planning on all fronts including electronic voting machines (EVMs) and the voter verifiable paper audit trail (VVPAT)," he said.
Indian airlines on Wednesday filled aviation turbine fuel (ATF) into the tanks of their aircraft at Rs 68,000 a kilolitre. Around the same time, ATF sold at $1,037.8 (Rs 41,500) a kilolitre at the Singapore airport -- full 39 per cent below Indian prices.
The Federation of Indian Airlines had challenged the aviation regulator's decision this week to issue an operating permit to AirAsia India.
During Vajpayee's tenure, he was there as an indispensable insider, witness to every action that had an impact on history: Pokhran-II (nuclear tests in 1998), the 1999 Kargil conflict between India and Pakistan, the Indo-Pak Agra Summit in 2001, intense engagement with the United States on nuclear issues besides the Kandahar hijack.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances