Category: Civil Aviation

New Delhi: The civil aviation ministry has told Air India that it should prepare 2018-19 financials for itself and its subsidiaries by end of June as the Prime Minister’s Office (PMO) has decided to speed up the disinvestment process of three of its wings, according to an official document. After a botched attempt to sell […]

Bengaluru: Shares of Jet Airways Ltd fell as much as 11.4 per cent on Monday after media reports said a buyout offer from Middle Eastern carrier Etihad Airways was non-binding and might not guarantee a deal for the struggling Indian carrier. Etihad, which owns an about 24 per cent stake in Jet, submitted a bid […]

New Delhi: IndiGo is in talks with Airbus SE for another large plane order in a sign Asia’s biggest budget carrier has no intention of letting up on a blistering pace of expansion. The budget airline, which adds an aircraft to its fleet every week, is in discussions to buy a longer-range version of the […]

Hyderabad: Delhi International Airport Ltd, a GMR group company, plans to raise USD 350 million through 10 year senior secured bonds for the airport expansion programme and Moody’s has assigned a Ba2 rating for the proposed bonds. Proceeds from the proposed bond would be used to help fund a major expansion to increase the passenger […]

NEW DELHI: The government sees little hope of a bidder emerging for debt-laden Jet Airways Ltd, two senior Finance Ministry officials said, even as thousands of employees plead with the government for a rescue. Parties that had initially expressed interest in Jet, which is saddled with roughly $1.2 billion of debt, have so far failed […]

Hyderabad: A man from the city who allegedly misbehaved with a female co-passenger in a flight from Hyderabad to Mumbai was booked by the RGI Airport police of the Cyberabad commissionerate following a complaint from an on-board staffer of the airline. The airport police said it was conducting an inquiry to ascertain the facts.

New Delhi: Shares of Jet Airways plunged 22.5 per cent Thursday amid a report that bidders for Jet Airways so far appear uninterested in following up on their expressions of interest. Investors deserted the Jet Airways counter since the start of trading in the morning, with the scrip falling sharply by 20.41 per cent to […]

New Delhi: India is beating global destinations with more than half of country’s travellers looking to go domestic this year, and that too on a tight budget, a new survey has revealed. Conducted by Yatra, an online travel portal, the survey said 68 per cent of Indians were planning to travel this summer, of which, […]

Hyderabad: As many as 180 passengers were stranded at the Rajiv Gandhi International Airport on Tuesday morning due to a technical fault in a Spice Jet aircraft which was set to fly from Jaipur to Hyderabad. The passengers who arrived to board the 5.50 am flight were taken aback when they were told that their […]

London: Embattled liquor tycoon Vijay Mallya took to the social media on Monday to lament the collapse of Jet Airways and repeated his offer of a “100 per cent payback” for state-owned Indian banks to cover his now-defunct Kingfisher Airlines’ debt. The 63-year-old former Kingfisher Airlines (KFA) boss is currently appealing against his extradition order […]

Hyderabad: Thousands of Air India passengers were stuck in airports across the world due to an error in the check-in computer network of the airline that began at 3.30 am on Saturday. Passengers, especially senior citizens and children, had a harrowing time. The flow of passengers was high given that it was the beginning of […]

Thiruvananthapuram: Thousands of Air India passengers around the world, including in Thiruvananthapuram, were stranded due to a glitch in its check-in software, the airline said on Saturday. The passengers faced a tough time as the check-in software went down from 3.30 a.m. on Saturday. Air India’s passenger services system run by SITA was taken for […]