GoAir gears up for foreign operations

The Wadia Group-promoted budget carrier Go Airlines (India), or GoAir, is gearing up to launch international operations by the end of this financial year or early the next.Chief Executive Officer......

AI finalising appointments to key positions

Cash-strapped Air India is in the process of finalising appointments to three key managerial positions which would put an extra annual burden of about Rs 3.5 crore (Rs 350 million) annually,......

Kingfisher to lay off nearly 100 pilots

Vijay Mallya-led Kingfisher Airlines is understood to have put close to 100 pilots, mostly trainees, on the chopping block on grounds of huge losses and capacity reduction. These pilots have......

Kingfisher to pay Rs 3.6-cr Lufthansa dues

The Bombay high court asked Vijay Mallya-promoted Kingfisher Airlines on Monday to deposit with it Rs 3.6 crore (Rs 36 million) against its dues payable to Lufthansa Technik for usage of engine......