Air India received the second tranche of equity infusion from the government amounting to Rs 666 crore this May, out of the budgeted Rs 4,000 crore
"Air India has been asked to respond on considering reinstatement of sacked pilots. Consideration doesn't mean taking everyone back," a senior official said.
Arun Mishra, an IAS officer from the West Bengal cadre, will take over as chief of the Directorate General of Civil Aviation by the end of this month
The civil aviation minister Ajit Singh has faulted a key cabinet committee and the cabinet secretary for ignoring his request not to grant an extension to Bharat Bhushan, DGCA.
Oline travel portal Yatra.com has acquired Travelguru, the Indian arm of US travel services provider Travelocity, to become the largest provider of hotel bookings in the country.
Plunging rupee, strike by Air India pilots have led to increase in airfares between India and Middle-East
Fares for flights between India & select Middle-Eastern destinations have almost trebled, falling anywhere between Rs 26k & Rs 5L.
Thousands of Indians planning to fly home from Gulf cities have been stranded as fares soar to absurd levels due to a plunging Re & AI’s never ending strike.
Hounded by creditors and a depleted fleet of 28 aircraft - compared with 64 a few months ago - Kingfisher Airlines is being pursued by its lessors who want to take back the remaining 15-odd grounded planes.
Kingfisher Airlines had 64 aircraft in November 2011, the time from which problems started appearing in the airline and it started operating with only 16 planes since March.
Azran Osma-Rani, CEO of Air Asia X, the low-cost long-haul carrier who withdrew services from India this March, said his airline is in no rush to re-enter the country and partly blamed Air India for it.
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