Aviation Sector

Air India to invest over USD 400 million on wide-body aircraft refurbishment

The company has mandated London-based product design companies JPA Design and Trendworks to assist with the cabin interior design elements of the refurbishment exercise

How structural and policy reforms made most populous India better governed than small population West

It is creditable that India, a country with a population of 1.44 billion, is food surplus. It is able to export wheat and rice to those who are suffering because of supply disruptions occasioned by the Ukraine-Russia War

Jet fuel prices up by 2%, seventh consecutive hike this year, to an all time high

Aviation turbine fuel (ATF) - the fuel that helps aeroplanes fly - was hiked by Rs 2,258.54 per kilolitre, or 2 per cent, to Rs 1,12,924.83 per kl in New Delh

Air India to send some employees on compulsory leave without pay for up to five years

As per the order, a list will be drawn based on suitability, efficiency, competence and quality of performance as well the current health of the employee

Rahul Bhatia of InterGlobe Enterprises says has signed agreement to take part in sale of Virgin Australia

Virgin Australia collapsed on 21 April, putting 16,000 jobs under threat.

Rahul Bhatia's InterGlobe Enterprises joins list of bidders for bankrupt airline Virgin Australia

Virgin Australia is one of the first major airlines to seek bankruptcy protection in response to the pandemic

Oil prices fall 1% as persistent glut weighs on rates; demand plummets 30%, virus pandemic curtails movement

The coronavirus pandemic has eroded global oil demand even as some governments began to ease lockdowns.

After flip-flops, IndiGo Airlines clarifies pay cut up to 25% for senior employees will be for entire 2020-21

IndiGo Airline had on Friday announced pay cut ranging between 5 and 25 percent, in addition to its leave-without-pay programme for May, June and July, for senior employees

Air Vistara asks senior employees to go on leave for 4 days for May, June; third month in a row by airline

On 15 April, Vistara chief Leslie Thng announced that senior employees will be going on compulsory leave without pay for up to three days between 15-30 April as a measure to further conserve the airline's cash flow amid lockdown to combat the COVID-19 threat.

Mahindra Holidays to first reopen resorts near metro cities post-lockdown; will ensure guest experience is contactless, says CEO

The Mahindra Group firm has currently suspended operations at its resorts in compliance with the government directives.