Ailing Kingfisher Airlines, which was suspended by IATA for non-payment of dues two days ago, would not join the global airlines' grouping 'oneworld' as slated later this month due to its precarious financial position.
India, China and Russia may impose "overflying charges" on European carriers as a retaliatory measure if the European Union (EU) does not withdraw the controversial carbon tax being levied on airlines flying to Europe.
On January 4, Air India (AI) appointed a senior management official as the new chief operating officer (COO) of its low-cost arm — AI Express. Nearly a month later, the new COO, Sunil Kishan, is yet to take charge.
Also recommends cash infusion and funding for Rs18,929-cr aircraft loans.
Tushar Srivastava reports.
Air India workers and management could be headed for a fresh face-off if the recommendations of a top government panel that allowances and perks be held back until the airline turns profitable are accepted,
Tushar Srivastava writes.
Two pilots of an Air India Express plane have been taken off duty pending investigation into an incident in which they aborted take-off at the last moment on the Singapore airport runway, apparently due to "confusion" over clearance by the air traffic control (ATC).
A debt-laden Air India (AI) is looking for desperate measures to stay afloat and is evaluating options to lease out its properties across the world, including the iconic 23-storey headquarter building at Mumbai’s Nariman Point overlooking the Arabian Sea. Tushar Srivastava reports. Ground realities
The Justice Dharmadhikari Committee, tasked with addressing issues of staff integration, restructuring and wage rationalisation of Air India (AI) and erstwhile Indian Airlines (IA) employees, has recommended linking of salaries and allowances of airline staff with the department of public enterprises (DPE) guidelines. HT reports.
In a cost-cutting bid, Air India (AI) will stop serving meals to economy class passengers on short haul domestic flights from February 1.
Indian airliners who refuse to provide carbon norms to the European Union (EU) under the latter’s new emissions trading scheme could lose flying rights to the continent, said Joao Cravinho, head of the EU mission in India.
In more bad news for Vijay Mallya-owned Kingfisher Airlines (KFA), regional plane manufacturer ATR has reportedly cancelled an order for 38 ATR-72 turboprop planes as the carrier failed to make pre-delivery payments.
HT reports.
Government's decision to consider allowing foreign airlines pick equity in Indian carriers today received a mixed response with its opponents saying foreign airlines would finally dominate the Indian sky.
Debt-laden carrier Kingfisher Airlines said it is in talks with Hong Kong-based distressed debt company SC Lowy Financial for a possible investment, throwing a potential lifeline for the cash-strapped airline.
Airbus insisted its A380 superjumbo is safe to fly after another set of cracks was discovered in the wings of the jetliner, though an engineering union said it was downplaying the issue and some Asian airlines said they would develop inspection programs.
Even before the govt formally notified changes in aviation policy that currently bars foreign carriers from investing in Indian airlines, officials and spokespersons of major international airlines have said they were not interested in investing in aviation market in India.