Indigo has zero competition on 61.2 per cent of its 838 domestic routes.
In a post on X, Modi said, "Happy to have welcomed @POTUS @JoeBiden to 7, Lok Kalyan Marg. Our meeting was very productive."
'His contribution not only elevates our institution but also serves as an inspiring example of how our alumni community continues to drive meaningful change.'
Jet Airways has been looking at various ways to raise funds amid acute liquidity crunch that has forced it to ground aircraft, cancel flights in large numbers, shutdown stations and delay salary payments to its pilots and engineers along with other senior staff.
The airline has informed its flight attendants that they would be eligible for leave without pay between November 1 and December 20
Jet said three of its aircraft were temporarily grounded for engine normalisation and are expected to rejoin scheduled operations on February 1.
Jet Airways' cabin crew and ground staff have challenged the Jalan Kalrock consortium's resolution plan, which was approved by the National Company Law Tribunal (NCLT) in June, flagging concerns about pending salaries and retirement benefits. In their petition filed before the National Company Law Appellate Tribunal (NCLAT), the Jet Airways Cabin Crew Association and Bhartiya Kamgar Sena have submitted that dues of all workmen of the airline were not included as part of the Corporate Insolvency Resolution Process (CIRP) cost. In June, NCLT approved Jalan Kalrock Consortium's resolution plan for Jet Airways, which remains grounded for more than two years now.
The guild, which claims to represent around 1,100 of the 1,600 Jet pilots, had earlier warned to go on strike from April 1, unless their salary dues were cleared and clarity was provided on future payments by March 31.
India's athletes are being told that plenty of shut-eye could be the foundation for Olympic success and the team has roped in sleep therapist Monika Sharma to keep them at their sharpest in Paris.
The Quad summit to be hosted by India in 2024 is likely to enhance New Delhi's strategic intent.
The probe agency has found that the company's vast network of sales agents across the globe was not independent of Jet Airways and several of these entities were linked to its founder, Naresh Goyal.
Jet Airways pilots along with engineers and senior executives have not been paid for the last three months.
The top executives who have put in their papers with immediate effect include Jet's chief executive officer (CEO) Vinay Dube, chief finance officer (CFO) and deputy CEO Amit Agarwal and company secretary Kuldeep Sharma.
These 10 stocks represent the best mix of value and growth, offering relatively low price-to-earnings and price-to-book ratios, a high return on equity, and sufficiently high potential from current levels.
"The 'red bag' belonged to one of the hijackers, it contained explosives, and possibly, real passports, too.
A committee of creditors had, in October, approved of the resolution plan submitted by UAE businessman Murari Lal Jalan and Kalrock Capital.
The pilot ejected safely and a court of inquiry has been ordered to ascertain the cause of the accident, the IAF said in a brief statement.
The constitution of both countries begins with the "three words -- We the People -- as President Biden just mentioned", said Modi, who is on his first state visit to the US.
Astronauts aboard the space station have found themselves facing a foe far tinier than any rogue asteroid: A joint study by IIT-Madras and NASA's Jet Propulsion Laboratory -- under Principal Investigator Kasthuri Venkateswaran -- has revealed that strains of the bacterial species Enterobacter bugandensis, a multi-drug resistant superbug, have been hitting the gym in the microgravity crucible. Though the situation at the ISS is slightly unsettling, holding funeral dirges would be an overkill, says Kumar Abishek.
'Having India as a credible deterrent vis-a-vis Chinese ambitions in the Indian Ocean and South Asian region is a desirable short-term outcome.'
Jet's staff strength stands whittled down to around 4,000, with many former employees having joined airlines in India and abroad.
Research Fellow and Director at Initiative on the Future of India and South Asia Aparna Pande, said that Beijing and Moscow will be keenly watching Prime Minister Narendra Modi's visit to the United States.
Civil Aviation Minister Ajit Singh inaugurated the 5-day long event.
Officials hint the visit could finally see a formal defence industrial road map being adopted by both nations.
Its association with India is over 70 years old and spans both civil and military aviation. The Douglas DC-3 transport aircraft used by the air force beginning the 1940s and the iconic Boeing 747 aircraft flown by Air India, both had Pratt & Whitney (P&W) engines. The Indian Air Force's present-day, heavy-lift C-17 Globemaster III and the yet-to-be-inducted C-295 planes, too, have P&W power plants.
Rakesh Jhunjhunwala-backed new airline Akasa is in talks with US aerospace company Boeing for buying up to 100 737 Max aircraft. Former Jet Airways CEO Vinay Dube and his family members are promoters while ex-IndiGo president Aditya Ghosh is a board member of the airline. The airline is in negotiation with Boeing and has reached out to the government to recertify the aircraft which has been grounded since 2018 after two crashes killing 349 persons, according to sources in the know.
Three senior executives - Pradeep Kumar (senior vice- president, cargo), Shrimanikandan Ananthvaidyanathan (chief information officer) and Praveen Iyer (vice-president, revenue management), have quit amid worsening financial situation
An employees' consortium has demanded that the Committee of Creditors should look at providing one month's salary as an interim financial assistance.
Air Marshal Denzil Keelor was an Indian Air Force legend. His nephew Basil Keelor, son of another war hero Wing Commander Trevor Keelor, remembers a remarkable officer and gentleman.
The salaries for August were to be paid in two instalments -- 50 per cent by September 11 and the remaining by September 26.
With substantial number of employees having been with Jet Airways for around 20 years, getting another job is also not easy considering the age factor and the job market situation.
'When the bombing happened in the Taj Mahal hotel in 2008, that was a very sad moment, but he really took care of the people, took care of everybody and that was when you saw some of his best moments.' 'There are some things which we will never forget. That is when the best of a person comes out.'
If the Murari Lal Jalan-Kalrock Capital combine can script a turnaround, it will have pulled off a bigger coup than Ajay Singh did with SpiceJet in 2014.
Russia has blocked the sale of 100 RD-93 engines to China for FC-1, the joint Sino-Pak fighter, which could emerge as a rival for its MiG-29 fighter in the global markets, according to a report on Monday. "The new contract with China for the sale of 100 RD-93 engines has not been signed," Kommersant reported quoting its sources in the military-industrial complex.
Earlier, budget carrier SpiceJet said it would hire 500 from Jet, including 100 pilots. Air India Express has also inducted around 25 commanders from the grounded airline.
A year on, deal between the two airlines still to gather momentum, partly due to management problems at Jet.
'He was a practical person who ensured that he thought about the common man, animals, the fact that they have a life and they have to be respected.'
The Rafale jet deal, signed on September 23, 2016, in the frame of an Inter-Governmental Agreement between India and France, has been in news over the last few months.
The airline had been delaying the salaries of its pilots, engineers and senior staff since August who have not been paid since January.
History has not seen a cricketing rivalry as fierce as this this century, every ball bowled every run taken, coming with no quarter given. Ahead of India's five Test tour of Australia, Norma Astrid Godinho/Rediff.com takes a walk down memory lane, recounting India's sojourns Down Under from 1947 to 2021, in a 4-part series.
