All Nippon Airways not only plans to add a couple of more Indian cities to its network but also quadruple capacity to Mumbai.
The airline has suffered losses of Rs 1,609 crore in 2008-09, Rs 1,647 crore in 2009-10, Rs 1,027 crore in 2010-11 and Rs 732 crore in 2011-12.
In the near future, ANA not only plans to add a couple more Indian cities to its network, but also quadruple capacity to Mumbai, where it has daily flights.
Ajit Singh indicated he would have preferred the country's pre-eminent conglomerate to start its own airline.
Gopinath thinks the new venture to be set up by international budget carrier AirAsia’s in partnership with the Tata Group will "stimulate" the market by opening new routes.
All the budget carriers SpiceJet, GoAIr and IndiGo have jumped into the fray and are offering similar or lower discounts on select routes.
Jet today announced what it termed India's biggest airticket sale of 20 lakh seats at Rs 2250 for travel upto anytime till Dec 31 this year.
The board of Air India took the decision on Thursday, reversing an earlier govt resolution to raise Rs 5,000 crore through asset monetisation over 10 years.
According to sources at aviation regulator DGCA's office, 11 aircraft of the debt-laden airline were deregistered and taken back by lessors over 2012.
Vacating its 23-storey iconic headquarters at the Nariman Point in Mumbai, national carrier Air India has shifted its corporate office to New Delhi.
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