Elevated corridor project to be implemented after polls: CM Kumaraswamy

BENGALURU: Chief Minister H D Kumaraswamy on Tuesday held discussions with citizen groups that had last week staged protests against the government over calling tenders for the North-South portion of the elevated corridor. Kumaraswamy heard the appeals on the implication of the project’s implementation from the citizens’ perspective. According to representatives at the meeting, the […]

Jet Airways chairman Naresh Goyal writes to staff, assures of early resolution

MUMBAI: With the clouds of uncertainty darkening over the survival of his 25-year-old airline, Jet Airways chairman Naresh Goyal Monday sought to reassure the 16,000-strong staff of the efforts to restore the “much-needed stability” in its operations at the earliest. Since a larger number of it’s over 100-fleet are grounded leading to drastically curtailed operations, […]

SpiceJet becomes first Indian low-cost airline to join IATA

MUMBAI/NEW DELHI: SpiceJet has joined global airlines’ grouping IATA as a member, becoming the first Indian low-cost carrier to get the membership. The International Air Transport Association (IATA) represents more than 290 airlines, including Air India, Jet Airways and Vistara. The membership would help SpiceJet, which has ambitious expansion plans, to have codeshares and agreements […]

Jet Airways crisis: Banks may infuse funds provided major shareholders pledge shares

NEW DELHI: Banks are likely to infuse fresh funds into cash-strapped Jet Airways provided major shareholders of the airline, including Gulf carrier Etihad Airways, pledge their shares as collateral, sources said. With the airline unable to get fresh funds, the options are limited now, they added. The full-service carrier is grappling with acute financial woes […]

2,000 passengers used heli-taxi service to Kempegowda International Airport in one year

BENGALURU: The heli-taxi services from Electronics City to Kempegowda International Airport has ferried around 2,000 passengers since its launch in March 2018. Kerala-based Thumby Aviation, which launched the service, said the helicopter taxi is most popular among corporate professionals. The company also started out-station services four to five months ago from Bengaluru to Coorg, Chikkamagaluru, […]