Kiran Rao, company's executive vice-president for sales, marketing and customer affairs, also said that government-owned Air India and private carriers Jet Airways and Kingfisher Airlines will create a niche in the global market due to their quality service in the next few years despite stiff international competition.
India's fuel consumption slumped by over 66 per cent in the first week of April as a nationwide lockdown halted economic activity and travel, which eviscerated demand. Petrol and diesel demand is down 66 per cent in April, while aviation turbine fuel (ATF) consumption has collapsed by 90 per cent as most airlines have stopped flying, industry officials said.
Any government aid to the airline will ultimately hurt the economy
This is the first time in the history of the airport operator that revenue crossed Rs 10,000 crore.
Mallya's Rajya Sabha declaration lists investments in racing, finance and investment firms.
'There is no change in the overall story of economic recovery.'
Sanjay Gulati, a resident of suburban Oshiwara, went to a protest march held outside a city court on Monday morning and had been under stress because of his deposit being stuck.
Kerala has recorded 24 cases including two foreign nationals.
During the January-July period, passenger growth jumped 21.13 per cent to 455.78 lakh.
Jet Airways, India's largest privately-owned airline, has approached the US Exim Bank and European export credit agencies to reschedule a $2 billion loan (Rs 10,000-crore) loan that was raised to buy 27 Boeing and eight Airbus aircraft.
They will grow at 5.8 per cent a year.
A massive pan-India inoculation drive against COVID-19 was set in process on Tuesday with more than 56 lakh doses of the Covishield vaccine flown to 13 cities across India from Pune and taken to designated national and state-level stores amid tight security.
The appointment followed the resignation of Nikos Kardassis on June 7 after he served two terms as CEO between 1993-1999 and again from October 2009 till May 2013.
Senior counsel, Diwedi submitted that technology is advancing and we have limitations of understanding the technological developments.
According to the guidelines, all travellers would need to give an undertaking on the online portal www.newdelhiairport.in that they would undergo mandatory quarantine for 14 days, that is, seven days paid institutional quarantine at their own cost, followed by seven days isolation at home with self-monitoring of health.
The Nafed has outstanding dues of Rs 224.26 crore (Rs 2.24 billion) as of February 15.
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These are FM radio, uplinking news & current affairs, print media (news & current affairs), commodity exchanges, stock exchanges along with depositories and clearing corporation, power exchanges, petroleum & natural gas refining, insurance, defence production and private security agencies.
Minority investors of SpiceJet might be feeling cold-shouldered.
Price has been fixed at Rs 85.3cr
Naresh Goyal-owned Jet Airways launched its first flight for Hong Kong from Chhatrapati Shivaji International Airport (CSIA) in Mumbai on Monday. Jet Airways is the first private carrier to have started a service to Hong Kong from India.
The airline has paid the TDS but mostly after the scheduled date.
News of all that's transpired on and off the football field
The Centre for Asia Pacific Aviation expects around $20 billion investment towards airport infrastructure in the next ten years in India to accommodate the current expansion plans of various private and public sector airlines.
The ED's fresh chargesheet against Mallya and his firms is likely to pave the way for him to be declared "fugitive" under a new Indian law.
The global COVID-19 situation, rollout of vaccines, geopolitical trends, Union Budget and economic recovery would be the major factors driving investor sentiments in 2021 after a tumultuous year which saw both 'the worst of times and the best of times' for the stock market, said analysts. What a year 2020 turned out to be! From witnessing gigantic losses to record-shattering gains, investors went on a roller-coaster ride amid the coronavirus pandemic and massive stimulus measures. Markets closed 2020 with remarkable gains of around 16 per cent, but will the winning ways continue in 2021 as well?
India's five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles
Famous sports personalities who wed in 2019.
Air-India will sell 376-room Centaur Hotel at Delhi airport and two Chefair flight kitchens of its subsidiary Hotel Corporation of India in the second round of divestment.
Just a few weeks ago, the Centre has come out with the long-awaited Motor Vehicle Aggregator Guidelines, which have drawn a dismayed response from the companies concerned.
17,266,801 equity shares of Rs 10 each offer to be made through book-build process.
'The Insolvency and Bankruptcy Code is neither beneficial to banks nor helpful for the borrower.' 'Genuine people who are caught in economic stagnation will lose everything and thousands will lose jobs.'
Dates like 9/11 should never be allowed to pass by forgotten because terrorism is not to be borne, inhumanity is not to borne.
The ministry said that states can also develop their own protocol with regards to quarantine and isolation as per their assessment.
In less than two months since the announcement in March, the state has mobilised an armada of small and medium enterprises keen on making components for large equipment manufacturers.
No frills carrier SpiceJet on Monday cut down base fare for its evening flights to Kathmandu to Re 1 for two days starting on Monday.
'If the RBI had done the right things, these mistakes would not have happened in banks, public or private,' says Ajay Shah.
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