Coronavirus Outbreak: Air Deccan ceases operations, all employees put on sabbatical without pay; management to hold meeting next week
While other airlines have introduced various cost cutting measures such as laying off pilots, leave without pay and salary cuts, Air Deccan is the first casualty of the coronavirus pandemic.
NGK may play a crucial role in reinstating Suriya in the same league as Rajinikanth, Ajith and Vijay
If NGK does well, the Tamil Nadu Theatre & Multiplexes Owners Association may upgrade Suriya to Tier-1, depending on its box office performance.
Downfall of Jet Airways: How Naresh Goyal’s airline walked into a trap of its own making from where there was no return
The Naresh Goyal-founded airline had an almost unhindered flight till 2003-4 until Air Deccan came to the scene
Jet Airways grounds services to Kolkata, Pune among other destinations; is ailing airline heading for a crash-landing?
Jet Airways board met in Mumbai and discussed "operational" issues, while airlines' strategic partner Etihad Airways submitted initial bids for a higher stake
After fighting several battles, Naresh Goyal forced to retire from Jet Airways; where is airline headed without him in charge?
Naresh Goyal continues to be the biggest individual stakeholder in the airline, holding over 25 percent of the company even after the bank transaction closes.
GoAir's Cornelis Vrieswijk resigns nine just months after being appointed company CEO, cites 'personal matters'
Budget carrier GoAir Wednesday said its chief executive Cornelis Vrieswijk has resigned from the post within nine months
The January-October cumulative air travel demand also surged a healthy 20.11 percent, at 11.46 crore passengers as per DGCA data
The much-trumpeted scheme has not met with the desired success level as more than half the routes granted in the first round of bids, auctioned in early 2017, are yet to become operational.
DGCA to conduct financial audit of turbulence-hit Jet Airways from 27 August; airline says prepared for it
Jet Airways confirmed that the regulator will be evaluating its performance and said the airline is prepared for it.
Air Deccan which resumed operations after a gap of almost five years in 2017, had bagged 34 routes to operate in the first round of the bidding.
Central government's regional air connectivity scheme Udan is adding to the woes of the capacity-constrained Mumbai airport as smaller aircraft take more time to clear the runway, reducing its capacity further, according to a top airport executive
Filing of recent case pertains to Rs 6,400 crore that the Vijay Mallya backed Kingfisher Airlines had raised as loan from banks
Captain Gopinath says Vijay Mallya a victim of flamboyance and arrogance, should have paid back dues using his wealth
Captain Gopinath feels Vijay Mallya should not have fled the country but instead acted sooner by mobilising funds from his other liquor companies and rescued Kingfisher Airlines
Regional connectivity was an unfulfilled dream for me, says Captain Gopinath as he gears up for relaunch
Captain Gopinath believes many stakeholders like the monopoly private sector airports are not aligned to the vision of Udan
In this second innings, Deccan is expected to fly 20-seater planes on regional routes under the UDAN scheme of the government, where some seats on each aircraft are covered under a subsidy and fares anyway capped at Rs 2,500 per hour of flying.
The second round of bidding comes even as only two airlines and a handful of flights have taken off under the promised connectivity under UDAN in round one
Under the Udan scheme, five airlines will operate on 128 routes connecting 70 airports. On each flight, 50 percent of the seats would have a cap of Rs 2,500 per seat/hour
The first flight under the scheme -- UDAN (Ude Desh ka Aam Naagrik) is expected to start next month, Civil Aviation Secretary R N Choubey said on Thursday
Has the government examined the history of the successful bidders before awarding them routes, some of which could be unviable even after the viability gap funding?