Premier Airways is in advanced discussions with European plane maker Airbus to buy 40 Airbus A320 neo planes at a listed value of $4.3 billion.
Low-fare carrier AirAsia India and Tata Sons are in discussion to increase the conglomerate’s stake in the airline.
A source in the know said the decision is "need based", as SpiceJet is trying to expand its network as it waits for more Boeing planes to join its fleet.
The airline’s managing director S Natrajhen, a close aide of its previous owner Kalanithi Maran, left as soon as the company changed hands.
“We are most definitely at the forefront of this initiative and strongly support flexible use of air space,” said a senior executive at IndiGo.
An ugly fight broke out at the Kozhikode airport late Wednesday leading to the death of a CISF official and diversion of all flights.
Prior to heading Kingfisher, Aggarwal was chief executive of budget carrier SpiceJet. Before that, he was senior director of Marriott International in Maryland, US.
A total of 2.3 million tonnes of cargo was ferried by air domestically and internationally, according to the Airports Authority of India website.
Air India invests far less in technology than its private rivals and hasn't hired anyone for internal IT department in over a decade.
The training will provide a major fillip to the budding regional aviation sector and the business aircraft segment in the country.
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