As part of cost reduction efforts, the full service carrier has asked its employees, including pilots, to take steep pay cuts
The Netherlands has emerged as India's fifth-largest export destination in 2021-22 (FY22), jumping from its 10th position a year ago. Exports to the fifth-largest economy in the European Union (EU) bolted 94 per cent to $12.5 billion in the financial year ended March 31. In FY22, the Netherlands surpassed Hong Kong, Singapore, the UK, Germany, and Nepal to become India's largest export destination in the EU. Germany, which was earlier India's top European export destination (eighth position), has now dropped two ranks to 10th place.
The airline will induct four more Dreamliners next year to complete order of 27 of these aircraft
'IndiGo 2018 is a harsh, ultra-lean, mean, zero asset, fighting machine with aspirations of taking on the global long-haul low-cost market.'
Besides urging the Centre for extension of loan moratorium, the hotel and travel industries have also demanded deferment of GST and advance tax payments and waiver of fees for all forthcoming licences and permits.
Airlines have opposed the rules that make it compulsory for them to pay compensation to passengers in case a flight is delayed by more than four hours
Sale of wide-body aircraft will not affect internatinal flights, says Jet
The airline not to be put on cash and carry mode
The public has benefited from this decline in crude oil, which has translated into lower prices of petrol and diesel.
The airline will be inducting large number of A321s this year which will be largely used on international routes and high density domestic routes.
To make space for the extra row, Vistara has opted for the smartLav concept offered by Airbus
Sharp fall in capital goods production and manufacturing activity also dented sentiments.
Prices of two-wheelers, passenger and commercial vehicles are set to rise 15-25%
Jet Airways is imposing $50 surcharge on economy class fare on its Gulf flights.
The S&P BSE Sensex closed at 26,190, up by 43 points and Nifty50 settled above 7,950 to end at 7,963, up by 17 points
Vistara is trying to be leaner and meaner, while staying focused on the original brand promise; it aims to be profitable by FY21. Arindam Majumder reports.
Signs of financial stress were visible when the airline reported a loss of Rs 10.40 billion.
SpiceJet had last year announced a $4.4-bn deal for 42 Boeing 737 Max.
It is imperative that the government first decides who should assume ownership of running Air India.
A senior first officer with Jet Airways shares her plight.
Volumes are up over 20 per cent y-o-y in January-April.
IndiGo's ascent is not without its risks, however.
Move comes in view of big debt overhang in two sectors; companies unwilling.
Move comes in view of big debt overhang in two sectors; companies unwilling.
Irrespective of what the future may have in store, the year 2018 has ushered humanity towards an era of next generation technology, demonstrating that there is no looking back in scientific innovations.
Overall, the People's Liberation Army Air Force (PLAAF) has focused on building ground-based air defense networks and network-centric operations rather than trying to match the Indian Air Force (IAF) in terms of straight fighter numbers along the border. All air assets fall under the Western Theater Command of the PLA, the largest geographic region of China's five military theater commands.
For India, the talks will work as another opportunity to sharpen its positions ahead of the formal UN negotiations.
"The return fare on economy class to most European capitals from Mumbai are close to 50,000 plus. If an LCC can offer direct connectivity for a basic fare of 25,000 with additional top ups for meals, baggage and blankets, which further takes the fare to, say, 35,000, it is still a value deal."
Only nine of the airline's 370 daily flights were making profits.
Curtains will fall on the Rim of the Pacific 2016, the world's largest international maritime exercise, on August 4.
The task I had undertaken was by no stretch of imagination an easy one, says Ajay Singh.
It emphasised that agricultural infrastructure needs considerable investments and hence Section 80IA benefits must be extended to all such investments like IT infrastructure, computers, VSAT, solar panels, water harvesting facilities, storage etc.
From Kudankulam to the Land Bill, the author takes the Twitter route to capture the infra action of 2013.
A brief report card on Modi's ministers.
