Chennai: A Singapore-bound Scoot Airways flight was forced to make an emergency landing at Chennai international airport early on Monday, authorities said. The plane, which departed from Tiruchy, landed after the pilots received a smoke warning in the aircraft’s cargo from the automated alarm system. According to sources, in the early hours of Monday, Flyscoot […]
Category: Civil Aviation
Pawan Hans sale: Govt to issue fresh bid, to indemnify buyers of contingent liability
New Delhi: After a botched attempt for sale of Pawan Hans, the government is likely to issue a fresh bid document by the end of this month and provide indemnity to the potential buyers against contingent liability of about Rs 500 crore in the helicopter service company. The government has decided to make the bid […]
InterGlobe Aviation shares tank nearly 8 per cent
New Delhi: Shares of InterGlobe Aviation Limited dropped nearly 8 per cent on Thursday amid reports of an alleged rift between the promoters of IndiGo. The scrip tumbled 7.55 per cent to Rs 1,487.10 on the BSE. On NSE, shares tanked 7.73 per cent to Rs 1,485.75.
InterGlobe Aviation stock tanks 9 pc amid reports of rift between promoters
New Delhi: Shares of InterGlobe Aviation dropped nearly 9 per cent on Thursday amid reports of rift between promoters of IndiGo. The scrip tumbled 8.82 per cent to close at Rs 1,466.60 on the BSE. During the day, it tanked 9.82 per cent to Rs 1,450.50.
InterGlobe Aviation stock loses altitude
Mumbai: Shares of InterGlobe Aviation, the holding company of Indigo Airlines, India’s biggest airline, fell 9.82 per cent intra-day on news that the two promoters who founded the carrier are having serious differences over the airlines’ control and performance.
Open to partnership proposal from Indian carriers: Qatar Airways
New Delhi: Qatar Airways, which has sought additional seat capacity on temporary basis for its flights from Indian cities to Doha, Thursday said it will “seriously” consider any proposal for partnership from Indian carriers. The blockade on Qatar and withdrawal of 28 weekly between Doha and cities of New Delhi and Mumbai has increased the […]
Jet Airways shares continue to fall for 3rd day; tank nearly 7 per cent
New Delhi: Shares of Jet Airways continued to fall for the third straight session Wednesday, dropping nearly 7 per cent, after four senior executives, including chief executive Vinay Dube and his deputy Amit Agarwal, quit the ailing airline. After a weak opening, the scrip further tumbled 6.85 per cent to Rs 120.25 — its 52-week […]
Jet Airways sees management exodus as rescue hopes dim
Bengaluru: The chief executive and two other senior figures at Jet Airways have quit, the company said, further eroding any hopes of a rescue of the carrier that grounded operations last month. Jet, once the biggest private carrier in the country, owes vast sums to its lessors, employees, fuel suppliers and other parties. It stopped […]
Jet Airways sees management exodus as rescue hopes dim
Bengaluru: The chief executive and two other senior figures at Jet Airways have quit, the company said, further eroding any hopes of a rescue of the carrier that grounded operations last month. Jet, once the biggest private carrier in the country, owes vast sums to its lessors, employees, fuel suppliers and other parties. It stopped […]
Jet Airways saga: CEO Vinay Dube, 3 senior executives deboard airline
Mumbai: In top level exodus at grounded Jet Airways, four senior executives, including chief executive Vinay Dube and his deputy Amit Agarwal, have quit the ailing airline. Amid lenders scrambling to find a suitor, the cash-starved carrier on Tuesday announced the exit of three executives — Dube, Agarwal and Company Secretary Kuldeep Sharma — while […]
Jet Airways chief financial officer Amit Agarwal steps down
Mumbai: Grounded carrier Jet Airways’ deputy chief executive and chief financial officer (CFO) Amit Agarwal has resigned, the airline said on Tuesday. Agarwal’s resignation is effective from May 13, it said. “We wish to inform that Amit Agarwal, the deputy chief executive officer and CFO of the company, has resigned from service due to personal […]
‘Name Tiruchy international airport after APJ Abdul Kalam’
TIRUCHY: The Federation of Consumer organisations of Tamil Nadu and Pondicherry has appealed to the Union Government to name the Tiruchy international airport here after the great former President, late Dr A P J Abdul Kalam. He said Dr Kalam was a ‘People’s President’, above all caste and religious barriers. The Federation’s president Murugan said […]