New Delhi: Air India’s director of operations, who failed two breathalyser tests before he was scheduled to be a pilot on a London to New Delhi flight on Sunday, has stepped down from his job and from the company’s board, an official at the airline told Reuters on Tuesday.
Mumbai: Jet Airways (India) Ltd on Tuesday termed media reports of Tata Group carrying out due diligence to acquire the airline as “speculative”. “…The subject news is speculative in nature and that there is no discussion or decision in the board which would require a disclosure…,” Jet Airways said in a response to a clarification…
New Delhi: Dassault Aviation’s chief executive officer (CEO) Eric Trappier on Tuesday said it was his company that chose Reliance Defence as its offset partners in the Rafale fighter jet deal and that the choice was not dictated by the Indian government as claimed by former French President Francois Hollande.
Mumbai: Jet Airways (India) Ltd plans to sell six Boeing 777 planes, a top company executive said, as the cash-strapped airline aims to clear most of its aircraft-related debt, which stands at about ₹1,800 crore.
Given that InterGlobe Aviation Ltd’s net loss for the September quarter (Q2) was far worse than expectations, it is possible that investors expected Jet Airways (India) Ltd to follow suit. InterGlobe Aviation runs IndiGo, India’s largest airline in terms of market share.
New Delhi: Offering flight tickets at a cheaper price, Air India is introducing night departure flights to some popular destinations, including Delhi, Goa and Bengaluru with fares beginning from Rs 1,000. The night departure flights, also known as red-eye flights because of their timings, depart late at night and arrive before dawn.
Budget carrier AirAsia is offering flight tickets from Rs 399 in a new promotional offer. These special fares offer are available only for its ‘BIG Members’, or members of its loyalty programme.
New Delhi: India’s air safety watchdog on Monday suspended the license of a senior Air India pilot, who is also the carrier’s director of operations, for three years, a day after he failed two breathalyzer tests before a flight to London from New Delhi.
New Delhi: The centre handed over two notes to the Supreme Court on Monday seeking to justify the decision-making process and choice of offset partner in detail in the Rafale jet fighter deal and said it had followed the process set out in the defence procurement procedure of 2013.
Mumbai: Jet Airways (India) Ltd posted a worse-than-expected loss for the third straight quarter on higher fuel costs and foreign currency losses. The airline, controlled by Naresh Goyal, however, said it was on course to save more than ₹2,000 crore in costs over the next two years as part of its strategy to achieve a…