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5/20 may be replaced: The two Tata airlines and their overseas woes

May 28, 2015

5/20 may be replaced: The two Tata airlines and their overseas woes

Is the Government finally ready to ease if not totally remove restrictions on overseas flying by Indian airlines? A senior official in the ministry of civil aviation said today that inter-ministerial consultations on replacing the current 5/20 norms are now complete and a final note will be sent to the Cabinet Secretariat within a week. He said all consultations on the proposal which the ministry has made to replace the 5/20 norms are now complete but "the proposal basically remains largely the same as it was originally". #India #airlines #Tata #AirAsia #Vistara
Pakistan executes eight, including three plane hijackers

May 28, 2015

Pakistan executes eight, including three plane hijackers

Three men who hijacked a plane of Pakistani airlines in 1998 and tried to take it to India were among eight persons who were hung on Thursday in different jails across Pakistan. #Pakistan #NewsTracker #Death Penalty #hanging #Death row convicts #Karachi Central Jail #Pakistan International Airline Fokker plane
Another sale: Jet Airways offers 10 lakh  tickets for a flat 25 percent discount

May 28, 2015

Another sale: Jet Airways offers 10 lakh tickets for a flat 25 percent discount

Private carrier Jet Airways has put 10 lakh (one million) seats on sale at a flat discount of 25 percent. The offer is valid for economy class travel on the airlines domestic network. #travel #Airline #Jet Airways #Flights #bookings
Singapore Airlines Airbus loses power in-flight to both engines

May 28, 2015

Singapore Airlines Airbus loses power in-flight to both engines

A Singapore Airlines (SIA) Airbus plane carrying 194 people temporarily lost power to both engines on a recent flight to Shanghai. #Power #NewsTracker #Airbus #Shanghai #Singapore Airlines #ENgines #194 people
Malaysia Airlines likely to lay off its entire workforce of 20,000; re-hire two-thirds

May 26, 2015

Malaysia Airlines likely to lay off its entire workforce of 20,000; re-hire two-thirds

Debt-ridden Malaysia Airlines (MAS) is likely to lay off its entire workforce of 20,000 to start afresh as as a smaller airline with a regional focus rather than international, a media report said on Monday. #Debt #NewsTracker #MH370 #MH17 #Lay Off #Malayasia Airlines
Kingfisher default: It's not banks but tax-payers who should feel hopeless as Mallya has last laugh

May 26, 2015

Kingfisher default: It's not banks but tax-payers who should feel hopeless as Mallya has last laugh

More than being an individual case, banks' approach to Kingfisher and its disgraced King should set a strong example for other wily promoters #Kingfisher Airlines #SBI #Vijay Mallya #NPA #public sector banks #wilful defaulter #Unted Bank of India
Govt clears 21 FDI proposals worth Rs 281 cr, defers Kotak Bank proposal

May 25, 2015

Govt clears 21 FDI proposals worth Rs 281 cr, defers Kotak Bank proposal

The FIPB has, however, deferred 12 proposals including that of Mumbai-based Kotak Bank for increasing the aggregate foreign investment limit in the bank to 55 percent. #NewsTracker #FDI #FIPB #Kotak Mahindra Bank #CCEA #Quickjet Cargo Airlines #La Renon Healthcare
Lufthansa considering spot medical checks after depressed pilot deliberately crashed plane

May 22, 2015

Lufthansa considering spot medical checks after depressed pilot deliberately crashed plane

Lufthansa's chief said on Friday the German airline is considering the possibility of regular spot medical checks for pilots, after one deliberately crashed a jet over the French Alps in March, killing all 150 on board. #World #NewsTracker #Germany #Frankfurt #pilot #dodd-frank #Germanwings #Lufthansa Airlines #Lufthansa Crash #Medical Check
Did airlines raise fares arbitrarily? Competition Commission investigate cartelisation again

May 22, 2015

Did airlines raise fares arbitrarily? Competition Commission investigate cartelisation again

A group of MPs, led by Bharatiya Janata Party leader Kirit Somaiya, on Thursday lodged a fresh complaint with CCI #CCI #unfair trade practices #airlines cartelisation
Tickets starting at Rs 1,010: SpiceJet launches 3-day sale to mark 10 years of operation

May 20, 2015

Tickets starting at Rs 1,010: SpiceJet launches 3-day sale to mark 10 years of operation

To celebrate the occasions the airlines is offering a discount offer called the #CelebrationSale with fares starting as low as Rs 1,010 all inclusive. #NewsTracker #SpiceJet #airlines #Sale #CelebrationSale