News for 'spicejet'

Getting banned for the right to speech not shocking: Kamra

Getting banned for the right to speech not shocking: Kamra

Rediff.com29 Jan 2020

'At no point did I endanger the safety of any passenger on board, the only damage I caused was to the inflated ego to the 'journalist' Arnab Goswami,' Kamra said.

3 flights bring back 616 Indians stranded in Ukraine on Day 4

3 flights bring back 616 Indians stranded in Ukraine on Day 4

Rediff.com1 Mar 2022

Three evacuation flights from Romania's capital Bucharest and Hungary's capital Budapest came to India on Tuesday with 616 Indian nationals who were stranded in Ukraine due to the Russian military offensive, officials said.

Domestic air passenger volume spiked 70.5% in Oct

Domestic air passenger volume spiked 70.5% in Oct

Rediff.com18 Nov 2021

Domestic air passenger volume spiked 70.46 per cent in October to 89.85 lakh over the same month of 2020, DGCA data showed on Thursday. The Indian carriers had flown 52.71 lakh passengers in October last year. It may be recalled that domestic traffic along with international flight services remained shut for two months until May 25, 2020, when scheduled air services were resumed in a graded manner.

Pak students use Indian tricolour to leave Ukraine

Pak students use Indian tricolour to leave Ukraine

Rediff.com2 Mar 2022

The Indian students who arrived in the city of Bucharest in Romania from Ukraine said that the national tricolour helped them as well as some Pakistani and Turkish students in safely crossing the various checkpoints in the war-torn country.

28.32 lakh people travelled by air this Aug

28.32 lakh people travelled by air this Aug

Rediff.com16 Sep 2020

While IndiGo carried 16.82 lakh passengers, a 59.4 per cent share of the total domestic market, SpiceJet flew 3.91 lakh passengers, which is 13.8 per cent share of the total market, the DGCA data noted.

Coronavirus won't have too big an impact on Indian airlines' revenues

Coronavirus won't have too big an impact on Indian airlines' revenues

Rediff.com24 Feb 2020

Air India, IndiGo, and SpiceJet have suspended flights to China and Hong Kong.

Why India's airlines are plagued by glitches

Why India's airlines are plagued by glitches

Rediff.com15 Aug 2022

The recent spate of technical glitches in aircraft has prompted the Directorate General of Civil Aviation (DGCA) to issue an order on July 18, making aircraft maintenance engineers (AMEs) with category B1/B2 licences the final authorities in certifying planes. This has put the spotlight on the availability of such personnel. According to the order, airlines were resorting to frequent one-off authorisation by the Category A certifying staff at transit stations, which is not in line with existing regulatory provisions.

How airlines are monetising the middle seat amid Covid fear

How airlines are monetising the middle seat amid Covid fear

Rediff.com9 Jul 2020

Vistara started allowing passengers to book an extra seat from Tuesday. IndiGo and SpiceJet, too, are in the final stages of designing such a product to be sold as an add-on.

Ministry urges Covid-19 insurance cover for foreign tourists

Ministry urges Covid-19 insurance cover for foreign tourists

Rediff.com8 Dec 2020

Indian and global airlines such as SpiceJet, Emirates, Virgin Atlantic among others too are marketing Covid-19 insurance products to attract passengers.

Government takes up pay cut, layoffs with India Inc

Government takes up pay cut, layoffs with India Inc

Rediff.com6 Apr 2020

A senior official in the central labour commissioner's office said the efforts of the government were to resolve the cases amicably and not to press for legal action against employers. "Everyone is going through tough times. We could initiate legal action if we want but that's not the idea. We want to address the issues amicably," the official said.

Mumbai airport's main runway reopens after 4 days

Mumbai airport's main runway reopens after 4 days

Rediff.com5 Jul 2019

The Boeing 737 aircraft, which was stuck between the main runway and grassy area after skidded off on arrival at the airport late Monday night, was pulled back to the runway late Thursday night, paving the way for full-fledged operations at the aerodrome, officials said. The aircraft was towed away to the hangar earlier in the day.

Many reasons why Jet Air may miss the flight path, once again

Many reasons why Jet Air may miss the flight path, once again

Rediff.com28 Oct 2020

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.

Narrow escape for Kerala medic as K'taka batch mate killed just 50m away

Narrow escape for Kerala medic as K'taka batch mate killed just 50m away

Rediff.com2 Mar 2022

A day later, Hussain's family in Kerala are thankful he escaped but also know that many perils lie ahead.

Tatas to offer ESOPs to Air India staff

Tatas to offer ESOPs to Air India staff

Rediff.com29 Apr 2022

In a bid to incentivise its staff and improve their performance, Air India may soon offer them employee stock options (ESOPs). The erstwhile national carrier, which was acquired by the salt-to-steel conglomerate Tata Group last year, will be the second company in the Group to have an ESOP policy. Tata Motors is the other Group company with an ESOP policy, which was implemented in 2018.

Coronavirus: Airlines drastically cut operations, ground aircraft

Coronavirus: Airlines drastically cut operations, ground aircraft

Rediff.com21 Mar 2020

Key stimuli of the government's relief package will be a tax break on jet fuel, waiver of parking and landing charges at airports for the next six months and deferment of payment to oil companies by three months.

Labour pain for pvt domestic airlines as staff threaten mass leave over pay

Labour pain for pvt domestic airlines as staff threaten mass leave over pay

Rediff.com21 Jul 2022

Failure to reinstate salary even two years after the drastic cuts has landed the airline industry in a massive industrial relation crisis. While employees of Air India had organised a strike back in 2011, it is for the first time that private airlines are facing serious stress related to workers. IndiGo witnessed two of them, back to back. In the first instance, around 50 per cent of the IndiGo flights were delayed as a large number of crew members went on mass sick leave, apparently to participate in a rival airline's walk-in job interview.

SpiceHealth, AAI in blame game over Covid fiasco at Amritsar airport

SpiceHealth, AAI in blame game over Covid fiasco at Amritsar airport

Rediff.com13 Mar 2022

SpiceHealth had on January 6 and January 7 tested 469 passengers who arrived on two charter flights from Italian capital Rome and found 298 of them to be COVID-19-positive.

Air traffic volume inches up 6.2% in June

Air traffic volume inches up 6.2% in June

Rediff.com19 Jul 2019

Indigo continued its market leadership ferrying 5.77 million passengers in the month, followed by rival Spicejet with 1.86 million, and Air India carrying 1.55 million passengers. Goair, AirAsia India and Vistara transported 1.33 million, 7.72 lakh and 6.48 lakh passengers, respectively.

Airlines seek easier loan restructuring norms

Airlines seek easier loan restructuring norms

Rediff.com4 Jan 2021

For any airline to be eligible for restructuring, the current ratio has to be equal to or higher than 0.4, while 'debt to Ebitda' has to be equal to or less than 5.5.

Jet to fly 6-7 aircraft on both days this weekend

Jet to fly 6-7 aircraft on both days this weekend

Rediff.com12 Apr 2019

The airline has suspended its international operations till Monday.

In midst of holiday season, Dubai flights hit by seat allocation dispute

In midst of holiday season, Dubai flights hit by seat allocation dispute

Rediff.com25 Dec 2020

Dispute arose as Indian carriers objected to Emirates flying passengers beyond Dubai, and Dubai authorities complained that Indian airlines have been flying more flights than allocated to its carriers.

DGCA to monitor airfares, as India grounds all Boeing 737 MAX

DGCA to monitor airfares, as India grounds all Boeing 737 MAX

Rediff.com14 Mar 2019

The airfares are already 15 per cent higher than last season and due to this shortage it will go higher, said Sharat Dhall, COO of Yatra.com.

Ministries told to clear Air India dues, make cash payments for tickets

Ministries told to clear Air India dues, make cash payments for tickets

Rediff.com27 Oct 2021

The government on Wednesday asked ministries and departments to clear dues of debt-laden Air India immediately and henceforth purchase tickets only in cash. The government earlier this month decided to sell Air India to Talace Pvt Ltd, a unit of the holding company of salt-to-software conglomerate Tata group, for Rs 18,000 crore. The Department of Expenditure, under the Finance Ministry, in a 2009 order, had said that in cases of air travel (both domestic and international), including LTC where the Government of India bears the cost of air passage, the officials may travel only by Air India.

Ilker Ayci is first foreign-national to head Air India

Ilker Ayci is first foreign-national to head Air India

Rediff.com14 Feb 2022

The Air India board met on Monday afternoon to consider the candidature of Ilker Ayci and after due deliberations approved the appointment of Ayci as the CEO & MD of Air India, Tata Sons said in a statement.

Ilker Ayci is first foreign-national to head Air India

Ilker Ayci is first foreign-national to head Air India

Rediff.com14 Feb 2022

The Air India board met on Monday afternoon to consider the candidature of Ilker Ayci and after due deliberations approved the appointment of Ayci as the CEO & MD of Air India, Tata Sons said in a statement.

How the markets will fare this week

How the markets will fare this week

Rediff.com13 Feb 2022

Domestic equity markets are likely to see volatility in a range-bound trade this week amid geopolitical worries and growing expectations of a sharp hike in interest rates, analysts said. Global trends, inflation data and the last batch of quarterly earnings will drive the markets this week, they said. Besides, the rupee movement, FII investment pattern and Brent crude trends would also be watched by investors.

Rain floods Delhi airport forecourt, flights delayed

Rain floods Delhi airport forecourt, flights delayed

Rediff.com11 Sep 2021

Sources said five flights were diverted from the airport this morning due to the bad weather conditions.

Mandaviya launches Kailash Kher song, film on 100-cr vax milestone

Mandaviya launches Kailash Kher song, film on 100-cr vax milestone

Rediff.com21 Oct 2021

As the cumulative vaccine doses administered in India surpassed the 100-crore mark, Union Health Minister Mansukh Mandaviya on Thursday launched a song and a film describing the efforts that went behind the launch of the world's largest COVID inoculation programme.

Mumbai rains: 203 flights cancelled, main runway shut

Mumbai rains: 203 flights cancelled, main runway shut

Rediff.com2 Jul 2019

Besides, another 350-odd flights -- both arriving and departing -- were delayed between 28-51 minutes (till 7 pm), as per the live flight tracking website Flightradar24.

Airlines go for cuts again as grounding may extend

Airlines go for cuts again as grounding may extend

Rediff.com6 May 2020

Companies across the sector are restructuring payrolls of crew, cutting allowances, and extending leave without pay duration as they realise they will have more aircraft and employees compared to customers.

Air India under Tata Group will be real challenge: IndiGo CEO

Air India under Tata Group will be real challenge: IndiGo CEO

Rediff.com13 Oct 2021

A revamped Air India under the Tata Group will be a real challenge while new airline Akasa Air will be a far less competitive force for the next two-three years, IndiGo CEO Ronojoy Dutta said on Wednesday. Akasa Air, which is backed by former IndiGo president Aditya Ghosh, ace investor Rakesh Jhunjhunwala and former Jet Airways CEO Vinay Dube, got the no-objection certificate (NOC) from the Ministry of Civil Aviation on Monday.

Coronavirus outbreak: Airlines seek relief package from govt

Coronavirus outbreak: Airlines seek relief package from govt

Rediff.com12 Mar 2020

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.

Airlines cut wages, re-negotiate contracts to tide over Covid-19 crisis

Airlines cut wages, re-negotiate contracts to tide over Covid-19 crisis

Rediff.com3 Jun 2021

Airlines are slashing salaries and re-negotiating vendor contracts as drastic fall in passengers has hurt revenue. Go First has cut staff salaries by around 16 per cent while IndiGo and SpiceJet are enforcing a leave without pay (LWP) policy and pay by the hour structure respectively to prune expenses. Vistara, which reversed pay cuts for junior staff including managers and cabin crew in March, is not touching employee salaries at the moment and instead focusing on vendor renegotiation and maximising cargo revenue. An Air India executive said efforts are on to pay salaries by 7th or 8th of June.

SBI-led consortium agrees to give loan to the Tatas for Air India

SBI-led consortium agrees to give loan to the Tatas for Air India

Rediff.com27 Jan 2022

A consortium of lenders led by State Bank of India (SBI) has agreed to provide loans to Tata Group for the smooth operations of loss-making Air India. Tata Group, which won the bid to acquire the national carrier along with Air India Express and 50 per cent stake in AISATS in October last year, is expected to formally takeover the airline on Thursday. Sources said the SBI-led consortium has agreed to grant both term loans and working capital loans depending on the airline's requirements. All large lenders, including Punjab National Bank, Bank of Baroda, and Union Bank of India, are part of the consortium, they added.

Jhunjhunwala-backed Akasa Air orders 72 Boeing 737 Max aircraft

Jhunjhunwala-backed Akasa Air orders 72 Boeing 737 Max aircraft

Rediff.com16 Nov 2021

The order, valued at 'nearly $9 billion at list prices', was signed at Dubai Air Show 2021 on Tuesday.

Kamra ban: 'Minister created pressure on airlines'

Kamra ban: 'Minister created pressure on airlines'

Rediff.com30 Jan 2020

The move by four airlines -- IndiGo, Air India, SpiceJet and GoAir -- to suspend the stand-up comedian raises fears that the government can use the no-fly list to settle political scores, undermine the freedom of citizens.

Lost Jet capacity back in air

Lost Jet capacity back in air

Rediff.com12 Nov 2019

However, while the capacity void in the domestic market has been filled, a vacuum still remains in international connectivity, especially on the India-Europe and onwards route, which was well connected by Jet Airways via the Boeing 777, Airbus A330 aircraft and its hubs in Paris and Amsterdam.

Good news for fliers to Saudi Arabia as seat quota hiked by 78%

Good news for fliers to Saudi Arabia as seat quota hiked by 78%

Rediff.com11 Nov 2019

Among the Indian carriers, Air India, Air India Express, IndiGo, and SpiceJet operate flights to Saudi Arabia while Saudi Arabian Airlines and Flynas are the two carriers operating in India.

Indian airlines staring at Rs 20K-cr loss in FY22

Indian airlines staring at Rs 20K-cr loss in FY22

Rediff.com17 Jan 2022

Hit by the third wave of the COVID-19 pandemic and soaring fuel prices, airlines are flying towards record losses with a likely loss of a whopping Rs 20,000 crore for the full fiscal year, warns a report. The airlines are flying towards their steepest-ever net loss of over Rs 20,000 crore this fiscal, which will be 44 per cent more than Rs 13,853 crore they bled last fiscal, Crisil said in a report. This will push back the industry's recovery beyond fiscal 2023, the report based on three large listed airlines--Indigo, Spicejet, and Air India--which together command 75 per cent of the domestic traffic, warned.

Why Rakesh Jhunjhunwala's Akasa Air could prove the sceptics wrong

Why Rakesh Jhunjhunwala's Akasa Air could prove the sceptics wrong

Rediff.com6 Dec 2021

At the recently concluded Dubai airshow, Akasa, Rakesh Radheyshyam Jhunjhunwala's new airline, signed a $9 billion deal with American aircraft maker Boeing to buy its 737 MAX planes and a $4 billion one for engines with CFM, a joint venture between GE of the US and Safran of France. Unlike his financial doppelganger Warren Buffett, who divested billions from his airline stock portfolio at the start of the pandemic, Jhunjhunwala is wagering his billions in a brand new airline. The legendary investor bought a roughly 40 per cent stake in SNV Aviation in September, Akasa's holding company, started in March by three former Jet Airways colleagues. With aviation still to recover from its pandemic slump, the big question around his foray into domestic aviation, due to take off in summer 2022, is whether it is another pie in the sky.