At present, there is no direct air connectivity between India and Myanmar.
"Financial bids for Air India disinvestment received by Transaction Adviser. Process now moves to concluding stage," DIPAM Secretary Tuhin Kanta Pandey tweeted.
The government on Monday allowed privately-owned Jet Airways and Air Sahara to fly to the Association of South East Asian Nations and raised the seat capacity of Indian Airlines and Air-India to these destinations.\n\n
'It is not as bad an airline as it is made out to be: We serve wonderful food, the leg space is more, our cabin crew is warm and friendly.' 'The customer needs to be apprised of these things.'
The passengers were stopped by the crew members for consuming alcohol and they apologised in writing for the incident.
IndiGo was the only airline to have reported profits during this period, barring 2011-12 when it made a loss of about Rs 88 crore (Rs 880 million.
The government had taken decisive steps in a short period of one year for placing the largest procurement order of 111 aircraft for both Indian and Air India, the prime minister said.
No immediate relief was in sight for Jet Airways, with an Arbitration Tribunal adjourning arguments of the airline as well its failed takeover target Air Sahara till April.
With water receding in most parts of this rain-battered city and its suburbs, the focus is now on clearing the various areas of the waste and muck left behind.
Airlines flew 2.1 mn passengers in July, against 1.9 mn in June.
The largest domestic carrier IndiGo is set to renew the insurance cover for its fleet this month, Air India and budget airline GoAir's insurance renewal is due for October, while that of Jet Airways is due in next January.
The National Company Law Tribunal (NCLT) on Thursday reserved its order on crisis-hit airline Go First's plea seeking voluntary insolvency resolution proceedings and interim moratorium on financial obligations while aircraft lessors vehemently opposed the petition. Amid the airline facing severe financial crunch and cancelling flights, a two-member NCLT bench comprising Justice Ramalingam Sudhakar and Member L N Gupta heard the arguments for and against the petition for nearly four hours. As aircraft lessors opposed the plea, the counsels for Go First said the petition was not a malicious one to avoid payment of dues to its creditors but to save the company.
Acquiring Air Sahara will give Jet Airways the scale required to dominate the lucrative routes to West Asia and the United Kingdom.
Top foreign and Indian aviation experts said the flurry of private investors showing interest in setting up no-frill airlines sent a signal to the government of the massive untapped potential in the aviation and tourism market in India.
The airline has suspended its international operations till Monday.
Air India is a good example of a company that started out as a monopoly but has failed to do what Tata Steel did once the goody monopoly days were over - downsize and re-organise.
Israeli Prime Minister Benjamin Netanyahu termed it the 'largest cooperation project in our history', one that would 'change the face of the Middle East, Israel, and impact the entire world'.
A bench of justices H L Dattu and C K Prasad sought response from the government, the national carrier and CBI on a petition filed by an NGO, Centre for Public Interest Litigation, alleging that various decisions taken during the tenure of Patel were meant to benefit private airlines and caused huge loss to Air India.
High taxes on the jet fuel, which goes up as high as 40 per cent in some states, coupled with higher airport charges in the form of user development and airport development fee, which have cascading effect on the air fares, have had a negative impact on the domestic passenger demand in India.
GMG Airlines, Bangladesh's only private career, would begin its global operations on September 8 with an inaugural flight between Chittagong and Kolkata.
These are the four primary issues that have soured the relationship between SBI-led lenders and JKC and delayed the resumption of commercial flights by Jet Airways, once India's largest private airline, which went bankrupt in 2019. Over the past three years, the airline went through an insolvency process under which JKC's resolution plan was approved by a committee of creditors (lenders) and the National Company Law Tribunal (NCLT) in October 2020 and June 2021, respectively. But this didn't mean an end to the problems.
India's private airliner Jet Airways will begin its five-day a week flight to Toronto from Delhi, via Brussels, from September 5, a company release said.
A court in Canada has ordered the seizure of amounts collected by the International Air Transport Association (IATA) on behalf of Air India and the Airports Authority of India (AAI). Separate orders were passed on November 24 and December 21 on pleas by shareholders of Devas Multimedia Private Limited who have filed multiple petitions to enforce arbitration awards against the Indian government. According to a Devas spokesperson, more than $30 million has been seized to date under the IATA action.
The good news is that the government has taken notice of the pain and has formed a task force to improve operating procedure during foggy days.
The number of serious incidents has more than doubled in the last seven years.
India may make peak-time allocation of airport slots for its airlines an essential part of any bilateral signed in future. Arindam Majumder reports.
Lufthansa Technik, a leading aircraft maintenance, repair and overhaul major, is also planning to set up a regional component pool in India to support the existing customers.
Prevent highly intoxicated travellers from boarding the aircraft, limit alcohol intake, instal CCTV cameras and sensitise staff about sexual harassment -- are part of the detailed guidelines given by the Delhi Commission for Women to the aviation regulator amid rising incidents of unruly passengers on flights.
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.
It would be foolish to deny that some of the increased spending by governments (Centre and states) is showing up in better numbers.
Civil Aviation Minister Ajit Singh said on Thursday alternative plans were being made to ensure that operations of the state-run carrier were normalised within two-three months so that the revival plan could be put in place.
IndiGo's management is of the opinion that Saturday's flight delays caused by sick leaves taken by many in the cabin crew are just an aberration. The airline's on-time performance nosedived to 45 per cent on Saturday as a large part of the cabin crew reported sick to participate in Air India's recruitment process. Privately, Air India executives denied holding interviews on Saturday and the airline did not issue any statement.
India's largest public sector bank State Bank of India (SBI) will support Tata group's bid for soon-to-be-privatised Air India by subscribing to Tata Sons debentures or funding the special purpose vehicle (SPV) set up by Tata Sons for the acquisition. Bankers said the credit rating of Tata group's holding company is "AAA" signifying high safety and a combination of Air India with its existing airline businesses would make it a formidable player - leading to a duopoly market with IndiGo. It would also open many business opportunities, including in the retail segment, an official said.
No major price skirmishes expected; Passengers seem to prefer flights with a short stop-over.
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