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

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

India resumes international flights from today; 60 foreign airlines to operate during Summer
India

India resumes international flights from today; 60 foreign airlines to operate during Summer

A total of 60 foreign airlines of 40 countries including Mauritius, Malaysia, Thailand, Turkey, the United States of America, Iraq and others have been given the approval to operate 1783 frequencies to/from India during Summer Schedule 2022

Air India's new pre-flight BMI weight check rule irks crew members: What the row is all about
India

Air India's new pre-flight BMI weight check rule irks crew members: What the row is all about

In a company-wide communique on 20 January, the executive director informed the All India Cabin Crew Association (AICCA) that each cabin crew member would now be subjected to BMI and weight checks on a quarterly basis

Air India deal: Centre signs share purchase agreement with Tata Sons for Rs 18,000 cr
India

Air India deal: Centre signs share purchase agreement with Tata Sons for Rs 18,000 cr

The government is divesting its 100 percent ownership of Air India and Air India Express along with its 50 percent stake in ground-handling company AISATS

From Tokyo to Paris, Air India’s Maharaja has seen and done it all
Photos

From Tokyo to Paris, Air India’s Maharaja has seen and done it all

From being a lifeguard in Sydney to a can-can dancer in Paris, the national airline's mascot has been around forever and hold a special place in the hearts of people

Government may be third time lucky to say ‘Tata’ to Air India
Business

Government may be third time lucky to say ‘Tata’ to Air India

Privatisation may not ensure redemption for the loss-making airline, but it still is high time the government gets this done

Centre hasn't decided anything on Air India so far, says Piyush Goyal
India

Centre hasn't decided anything on Air India so far, says Piyush Goyal

The department responsible for the privatisation said in a tweet that the government has so far not approved any financial bid for the debt-laden national carrier

Centre allows airlines to operate maximum of 65% pre-COVID domestic flights
India

Centre allows airlines to operate maximum of 65% pre-COVID domestic flights

The carriers have been operating only 50 percent of their pre-COVID domestic flights since 1 June, before which the cap was 80 percent

Airlines may be permitted to operate domestic flights at 75% of pre-COVID levels, says Hardeep Singh Puri
India

Airlines may be permitted to operate domestic flights at 75% of pre-COVID levels, says Hardeep Singh Puri

The civil aviation minister, however, added that the decision will depend on if or not the passenger numbers continue to remain healthy during the next 7-10 days

Govt mulls up to Rs 12,000 cr rescue plan for aviation sector battered after coronavirus outbreak: Report
Business

Govt mulls up to Rs 12,000 cr rescue plan for aviation sector battered after coronavirus outbreak: Report

The Finance Ministry is considering a proposal that includes the temporary suspension of most taxes levied on the aviation sector, including a deferment of aviation fuel tax, said the sources, who have direct knowledge of the matter.

Air India to stop using single-use plastic in flights, in two stages, from 2 October
News & Analysis

Air India to stop using single-use plastic in flights, in two stages, from 2 October

The first phase will include Air India Express and Alliance Air flights, second phase will include Air India flights.

ED summons P Chidambaram in connection with money laundering probe into aviation-related 'financial irregularities'
India

ED summons P Chidambaram in connection with money laundering probe into aviation-related 'financial irregularities'

Enforcement Directorate has summoned P Chidambaram in connection with its money-laundering probe into aviation-related 'financial irregularities'.

After fighting several battles, Naresh Goyal forced to retire from Jet Airways; where is airline headed without him in charge?
Business

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.

Bailout package for debt-ridden BSNL: Keeping Air India and public sector telecom firm afloat at all costs is a monumental blunder
Business

Bailout package for debt-ridden BSNL: Keeping Air India and public sector telecom firm afloat at all costs is a monumental blunder

DoT is considering a Rs 13,000-crore bailout plan for state-owned Bharat Sanchar Nigam Ltd (BSNL)

Indian airlines expected to post combined losses of up to $1.9 billion this year due to rising costs: CAPA India
Business

Indian airlines expected to post combined losses of up to $1.9 billion this year due to rising costs: CAPA India

Airlines have struggled to stay profitable despite filling nearly 90 percent of seats and seeing a more than doubling of domestic passenger numbers over the last four years.

Jet Airways needs urgent recapitalisation, could report higher Q-on-Q loss for June quarter
Business

Jet Airways needs urgent recapitalisation, could report higher Q-on-Q loss for June quarter

Jet Airways' worrying financials and the management’s struggle to keep the airline together come amid a steep rise in costs for all airlines operating in India

Indian carriers need $50 billion of financing to take expected scheduled delivery of planes over 10 years: Report
Business

Indian carriers need $50 billion of financing to take expected scheduled delivery of planes over 10 years: Report

With a total of 1,055 aircraft on order, as many as 100 planes consisting of wide-body, narrow-body and regional ones are to be delivered to Indian carriers each year for the next five years

SpiceJet considering entering into major business partnerships with two US companies, says CMD Ajay Singh
Business

SpiceJet considering entering into major business partnerships with two US companies, says CMD Ajay Singh

Refraining from naming the partner companies in the US, SpiceJet chairman and managing director Ajay Singh said it is looking at the technology sector

Air India, Vistara welcome telecom panel's nod for in-flight connectivity, hope move will add to passengers' convenience
Business

Air India, Vistara welcome telecom panel's nod for in-flight connectivity, hope move will add to passengers' convenience

Major airlines, including Air India and Vistara, on Tuesday welcomed the Telecom Commission's nod for use of WiFi and voice services in-flight

MK Kachru, pilot of Indian Airlines flight hijacked to Pakistan in 1971, passes away at 93
India

MK Kachru, pilot of Indian Airlines flight hijacked to Pakistan in 1971, passes away at 93

Captain MK Kachru, the pilot of the Indian Airlines plane hijacked to Pakistan in January 1971, died in Faridabad on Saturday after prolonged illness, his family said