India’s cash-strapped Jet Airways proposed to creditors that it would catch up with debt payments in arrears by September and from April would meet debt payments as they come due, according to a document seen by Reuters. Jet met with lenders, lessors and vendors in India on Tuesday to discuss its financial situation and a […]
Category: Civil Aviation
Civil Aviation
German airports strike slashes 600 flights
Almost 640 flights were cancelled in Germany Thursday as security staff went on strike at three airports, meaning disruption for around 100,000 passengers. The number of flights blocked was more than half the 1,050 planned for Duesseldorf, Cologne-Bonn and Stuttgart. Duesseldorf — the country’s third-largest airport — said in a statement that 370 of Thursday’s […]
Air India passengers can now upgrade seats from economy to business class
Air India’s Chairman and Managing Director Pradeep Singh Kharola on Wednesday announced a new bidding system through which a passenger can upgrade her seat from the economy class to the business class by paying an additional fare. “You have to bid for only the incremental amount. Whatever you have paid for the economy class ticket, […]
Govt eyes about $1 bn from Air India sale
The government is eyeing around USD 1 billion (about Rs 7,000 crore) from the sale of national carrier Air India in the next financial year, a government official said. The government will initiate the process of strategic disinvestment of Air India in the second half of 2019-20 and in between it would work towards selling […]
Now, Air India to serve food from stock on international return journeys
Air India’s Chairman and Managing Director Pradeep Singh Kharola said Wednesday the airline has started carrying food from India for use during the journey back to the country, in an attempt to rationalise catering costs on international flights. The loss-making airline has already started using food items stocked from India during its onward journey to […]
UDAN: Guwahati to become first city with international air connectivity to Bangkok, Dhaka
International boost for northeast India! Under Modi government’s ambitious UDAN (Ude Desh ka Aam Naagrik) scheme, the capital city of Assam, Guwahati, is likely to be the first one to be connected internationally with the central government finalizing bids for the Guwahati-Dhaka and Guwahati-Bangkok routes. According to a PTI report, while multiple bids were received […]
India to question Airbus, IndiGo, others on Pratt & Whitney engine woes: sources
Indian carriers IndiGo and GoAir, aircraft manufacturer Airbus and engine maker Pratt & Whitney will meet Indian civil aviation ministry officials on Tuesday to discuss ongoing issues with engines fitted to A320neo planes, three people familiar with the matter told Reuters. IndiGo, India’s biggest carrier by market share, and rival GoAir were forced to ground […]
Jet Airways seeks to rework vendor contracts to cut costs
Debt-laden Jet Airways India Ltd. is trying to renegotiate contracts with its vendors as lenders demand a revival plan by month-end from India’s second-largest airline by passengers, according to people with knowledge of the discussions. The Naresh Goyal-led airline is in talks to defer or reduce payments to vendors including aircraft lessors and those providing […]
Odisha CM urges Modi to introduce AI flights between Jharsuguda-Delhi
Odisha Chief Minister Naveen Patnaik on Monday urged Prime Minister Narendra Modi to instruct Air India (AI) authorities to begin flight operations between the state’s Jharsuguda city and Delhi. In a letter to the Prime Minister, Patnaik requested for having Veer Surendra Sai Airport at Jharsuguda as a stopover for one of the national carrier’s […]
Subsidised international flights from Guwahati under UDAN 3
People from Northeast will soon be able to take subsidised flights to Dhaka and Bangkok, as the government has approved these flights under the phase 3 of the Ude Desh ka Aam Nagrik (UDAN) scheme. “Two routes have been approved and flights should start by the end of March,” said a senior aviation ministry official, […]
‘No controversy’ in Rafale deal, ‘only in minds’ of Congress party: Sushma
Dismissing the controversy surrounding the Rafale fighter jet deal, External Affairs Minister Sushma Swaraj on Thursday said that it is present “only in the minds” of the Congress, even as several MPs from the party staged a walkout from the Upper House. During the Question Hour, Congress leader Anand Sharma, citing a joint statement, demanded […]
PSU share sale at record high of Rs 77,417 cr in 2018; Air India sale next
The government raised a record Rs 77,417 crore from sale of its stake in public sector units in 2018, and the disinvestment programme is headed for another blockbuster year in 2019 with planned privatisation of national carrier Air India. The BJP-led NDA, which in its previous stint privatised the most number of PSUs ever, continues […]