Ticket refunds remain a challenge, though Jet claims the amount would be credited in 7 to 10 working days after the request is processed.
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.
Jet is the largest player in the Mumbai airport, with over 110 domestic slots and 30 international slots from the city.
Delhi airport, the country's busiest, runs out of slots due to runway capacity constraints.
Auto majors, including Maruti Suzuki India, Hyundai and Tata Motors, on Sunday reported high double-digit growth in their domestic passenger vehicle sales in July riding on stabilisation of macro-economic factors and better consumer sentiments. Similarly, Honda, Nissan, MG Motor and Skoda also reported healthy growth in their sales last month leveraging on improved market mood amid prevailing lower coronavirus infection rate, despite supply constraints of semi-conductors. The country's largest carmaker Maruti Suzuki India's (MSI) domestic sales increased by 39 per cent to 1,41,238 units last month as against 1,01,307 units in July 2020, the company said in a statement.
Alert to the looming threat from the 'Omicron' variant, states began to re-tighten curbs and urgently trace people who arrived from abroad in the last one month while a demand to not allow flights from the affected countries was made by Delhi Chief Minister Arvind Kejriwal and Karnataka Chief Minister Basavaraj Bommai.
The deal size and project completion deadline were not disclosed in the announcement, but people in the know have pegged the deal at over Rs 6,000 crore, reports Aneesh Phadnis.
Railway Minister Suresh Prabhu launched a host of passenger amenities and new air-conditioned trains with world class services.
Since the beginning of running the Shramik Special trains, Gujarat remained one of the top originating stations followed by Kerala.
The WHO has countries to enhance surveillance and sequencing efforts to better understand circulating SARS-CoV-2 variants, submit complete genome sequences and associated metadata to a publicly available database.
Railway Minister Suresh Prabhu presented the Railway Budget in the Parliament on Thursday.
'Our focus is not going to be metro to metro routes.' 'We will begin by focusing on metro to non-metro (routes).' 'Metro to tier-2 cities or tier-3 cities is where there is a lot of space for affordable, efficient carriers.'
The specially chartered Air India Boeing 747 with a capacity of 360 passengers, and an Airbus 330 with a capacity of 280, are en route to Tripoli and were to land shortly, External Affairs Ministry said in a statement.
Curtailment of flights between India and China will help Air India and other airlines to boost their seat occupancy and market share.
Sadananda Gowda, the minister, also Bengaluru North MP, drove off in an official car with out undergoing institutional quarantine as mandated by the Karnataka government for air travellers coming from high COVID-19 prevalence states after arriving by a commercial airline flight, services of which resumed after two months.
Many states like Maharashtra, West Bengal and Tamil Nadu were opposed to opening up of their airports in view of rising cases of the coronavirus infection.
Tata Sons will increase its stake in budget carrier AirAsia India (AAI) to 83.67 per cent by acquiring an additional 32.67 per cent for $37.66 million from AirAsia Investment Ltd (AAIL), according to a regulatory filing. Currently, AAIL, which is a wholly-owned subsidiary of Malaysia-based AirAsia, holds 49 per cent stake in the Bengaluru-based AirAsia India. In a regulatory filing to stock exchange Bursa Malaysia, AirAsia said, "The board of directors of AirAsia wishes to announce that its wholly-owned subsidiary AAIL and Tata Sons Pvt Ltd, India, on December 29, entered into a share purchase agreement."
The weekend lockdown will start from 8 pm on Fridays and last till 7 am on Mondays. Besides, prohibitory orders will be in force during daytime on weekdays, the Chief Minister's Office (CMO) said in a statement.
Airlines sought a limited period concession of the standing rule of slot allocation, which mandates that firms must operate at least 80 per cent of their allocated slots.
Analysts said the demand recovery in two-wheeler and car segments was skewed towards the semi-urban and rural markets.
Rajiv Gandhi International Airport, Hyderabad, launches a special initiative to help passengers with special needs.
The government-controlled City and Industrial Development Corporation (Cidco) has kicked off the tendering process for the over Rs 14,500 crore (Rs 145 billion) international airport project in neighbouring Navi Mumbai.
Maharashtra Chief Minister Uddhav Thackeray announced a statewide curfew for 15 days from 8 am on April 14 to contain the rapid spread of the coronavirus in its second wave. With Section 144 being imposed across the state, Thackeray essential services have been exempted from the restrictions. The curfew will be in place till 7 am on May 1.
The collapse of Jet Airways has everything to do with the falling number of wide-bodied aircraft.
As a tech services company, Ola has never been in hardcore manufacturing. And unlike in ride hailing, which is a two-player market (Uber is the only other competitor), in two-wheelers it faces many entrenched players. But most of all, rivals say Ola's targets are out of sync with most, even ambitious, projections.
During the last three days, more than 2 lakh persons have been transported per day. In days to come, it is expected to be scaled up to 3 lakh passengers per day, the Railways said.
The conglomerate, which has received environmental clearance for the project, plans to invest around Rs 1,500 crore in it.
Though India is one of the largest growing markets in terms of passenger volumes, airlines have not been able to add capacity to match growth.
Jet Airways remains the number one airline serving foreign routes.
Each train is likely to carry around 1,000-1,200 passengers, keeping in mind the social-distancing protocol.
Days after low-cost carrier AirAsia announced it would launch its India operations by the end of the year, IndiGo Airlines President Aditya Ghosh, 38, tells Sudipto Dey in an interaction why his airline is not one that should be worried.
J Radhakrishnan, who was among top state officials who had a tab on the treatment of Chief Minister J Jayalalithaa in 2016 at the Apollo Hospitals till her demise in December that year, has replaced her.
Besides facilitating travel by easing the traffic bottlenecks, the approved lines would help the upcoming industries in the region.
Under its India 2.0 plan, the Volkswagen group will develop and manufacture cars to meet the requirements of the region.
A video surfaced on the social media on Saturday purportedly showing the monkey roaming around and then climbing onto the handrail bar before traipsing to the neighbouring coach.
Even as several trains have more than 200 waitlisted passengers every day, running some trains with so many vacant seats is a criminal waste of scarce resource.
Its production declined for the third consecutive year in financial year 2020-21 (FY21) to an 11-year low, while sales volume contracted for the second year to the lowest since FY15. The company manufactured around 1.08 million vehicles last fiscal, a decline from 1.17 million the previous year, and a steeper fall from its all-time high tally of 1.62 million reported in FY18.
'With just 2.4 per cent of global landmass, India houses six to eight per cent of planetary biodiversity and hence is a prime target of wildlife criminals.'
British architecture firm Zaha Hadid Architects bagged the contract from Navi Mumbai International Airport Limited after a 12-week design competition, and will design the new airport's Terminal 1 and air traffic control tower.
