Rahul Bhatia has dismissed criticism of his low-cost carrier's profits as 'silly' and cautioned the govt against condoning inefficiencies in the industry.
Officials of Air India say the debt-laded state-owned airline is unperturbed by a lawsuit opposing $3.4 bn extended by the US Exim Bank.
The national carrier's bookings soared by almost 50% over the last 15 days as the Vijay Mallya-owned airline cancelled hundreds of flights.
DGCA sprung into action after massive flight cancellations by the Vijay Mallya-owned Kingfisher Airlines caused widespread chaos and disruption.
A possible government intervention through state-owned banks may help Kingfisher tide over one of its biggest problems today.
A Satyam-like administration can work because it will not be a direct stakeholder in the airline and will have no political masters to answer to.
More tourists are coming to India or travelling within the country due to the devastating floods in Thailand, the popular Southeast Asian budget destination.
"It is my conviction that pilots flying the narrow-bodied aircraft should be trained and exposed to the wide-bodied aircraft," Rohit Nandan said.
The GoM asked the civil aviation ministry to seek the approval of the Reserve Bank for a plan to restructure Air India's debt.
The ministry plans to kick off the exercise by raising age limit & reducing work experience to attract candidates for DGCA from varied backgrounds.
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