The new owner of Air India will have to absorb ₹23,286.5 crore while the rest would be transferred to Air India Assets Holding Ltd, a special purpose vehicle.
Published on Sep 15, 2021 06:34 PM IST
A statement by IndiGo airline said that the Kolkata-Darbhanga flights as well as Hyderabad-Darbhanga flights will be daily flights. This announcement has come at a time when India and its aviation sector have been badly hit due to the second wave of the coronavirus pandemic.
Updated on Jun 07, 2021 06:00 PM IST
- As travel recovers from Covid-19 pandemic, USA cuts Mexico's aviation safety rating after finding that the country does not meet standards set by a United Nations aviation group. Hence, US airlines won't be able to sell tickets on flights operated by Mexican airlines
Updated on May 26, 2021 07:42 AM IST
Carriers have even resorted to temporarily converting some passenger jets to freighters, pulling out seats to carry goods inside their main compartments.
Published on Feb 24, 2021 11:01 AM IST
The Directorate General of Air Travel released domestic passenger data for the month of January on Thursday. In December, according to DGCA, airlines carried 7.32 million domestic passengers. That marked a 15% improvement over November.
Published on Feb 19, 2021 04:02 AM IST
By Neha Tripathi, Mumbai
The depth of the latest Covid-19 spike, its impact on aviation and subsequent consumer demand suggests that the hoped for recovery toward the back end of 2021 may not be as strong as expected: Mayur Patel, head of Asia at OAG Aviation
Updated on Feb 03, 2021 08:04 AM IST
- TAAI said that setting up of new SOPs will enable vaccinated travellers to resume their activities to pre-Covid times.
Published on Jan 16, 2021 04:26 PM IST
By HT Correspondent | Edited by Abhinav Sahay, Mumbai
From October 16, New Zealanders can visit New South Wales state, home to Sydney, without having to quarantine on arrival.
Updated on Oct 16, 2020 02:59 PM IST
Australia | By Bloomberg | Posted by Jahnavi Gupta
Earlier, the airline sent its employees on compulsory leave without pay for three days between April 15 and April 30 as a measure to preserve jobs and conserve cash flow.
Updated on May 05, 2020 03:05 PM IST
Hindustan Times, New Delhi | By HT Correspondent | Edited by Ashutosh Tripathi
Qantas flight QF7879 took 19 hours and 16 minutes to fly direct from New York to Sydney in the first of three “ultra long-haul” journeys planned by the airline this year.
Updated on Oct 21, 2019 12:37 AM IST
Sydney | By Press Trust of India
The company caters to industries such as aviation, pharma, banking, insurance, FMCG, consumer durables, construction, education, automobile, retail, media and more.
Updated on Jul 11, 2019 12:49 PM IST
PM Modi’s government proposed easing rules for foreign investors, while pledging to boost infrastructure spending to help spur growth in the economy
Updated on Jul 05, 2019 12:34 PM IST
Hindustan Times, New Delhi | By Bloomberg
Deepa Talwar’s questioning has been going on since April 24. Today was the third time that she has appeared before the ED since then.
Updated on May 01, 2019 01:58 PM IST
Hindustan Times, New Delhi | By HT Correspondent
The Jet Airways passenger has allegedly threatened to “share” the video of the flight, whose cockpit crew “forgot” to turn on a switch that controls cabin air pressure early Thursday.
Updated on Sep 21, 2018 07:43 AM IST
Mumbai | By Press Trust of India
As the country’s domestic aviation sector records double-digit growth for more than three years, the government is working on ways to bolster the infrastructure for civil aviation.
Updated on Sep 04, 2018 09:43 PM IST
New Delhi | By Press Trust of India
The airline, which publicly admitted to cash flow issues, had posted a net profit of Rs 53.50 crore in the year-ago period.
Updated on Aug 27, 2018 09:49 PM IST
Mumbai | By Press Trust of India
SpiceJet is looking to expand into the “cargo and courier logistics”, and “digital aviation” business to hedge the company from the risks of being in a pure aviation business. The businesses are likely to be developed in partnership with international players.
Updated on Jul 13, 2018 10:48 AM IST
Hindustan Times, Washington | By Yashwant Raj
It is alleged that accused promoters of AirAsia and board of directors allegedly entered in criminal conspiracy with unidentified government officials through lobbyists to expedite the approval process for AirAsia India and change in aviation policies to suit the company.
Updated on Jun 29, 2018 07:28 PM IST
Press Trust of India, New Delhi | By Press Trust of India
AirAsia India Ltd believes that to allege that control of the company is not in accordance with foreign exchange investment laws is incongruous, it said.
Updated on May 30, 2018 08:19 PM IST
Indo Asian News Service, New Delhi | By Indo Asian News Service
The incident happened on May 2 when IndiGo’s Agartala-bound flight and Air Deccan’s flight DN 602 was on its way to Kolkata.
Updated on May 12, 2018 07:29 AM IST
PTI, Mumbai | By HT Correspondent