AirAsia boss signs out of Twitter, calls social media an 'angry place'
Tony Fernandes said he will be less on social media this year.
ED summons Air Asia executives, CEO Tony Fernandes in PMLA case
Tony Fernandes and others stand booked by the Central Bureau of Investigation...
AirAsia flight returns to Kolkata airport after bomb scare
A few minutes after the flight took off from the airport, a woman passenger on boa...
DGCA suspends pilot of AirAsia India flight for runway incursion at Mumbai airport
"The Air Traffic Control (ATC) gave clear instructions to the pilots of flight IAD374 which was heading to Indore to just stand at the holding point RWY32 at Mumbai airport. Even though, the co-pilot read back ATC instructions correctly to the PIC, the latter breached the holding point," the official of DGCA said.
Vistara starts phasing out nine Boeing 737
The government has temporarily reallocated as many as many as 488 Jet Airways' slots to Air India, IndiGo, SpiceJet, Vistara, GoAir and AirAsia India to fill the capacity gap in the wake of the airline ceasing operations mid-April last year. A slot is a specific date and time at which an airline can arrive or depart at an airport.
Tatas gaining upper hand in decision-making at AirAsia India, says source
Tatas are gaining upper hand in steering the no-frills carrier with its own executives in most senior positions.
AirAsia to launch flight services to more cities next fiscal
The Bengaluru-based carrier flies to Delhi, Mumbai and Kolkata. At present, it flies to 21 destinations pan-India with a fleet of 27 A320 aircraft.
Plumes of uncertainty, hopes of connectivity dot Indian aviation space
After surging over 18 per cent in 2018, domestic air passenger growth sputtered to a five-year low in April 2019 before flying back into double-digit expansion of 11.86 per cent in November.
Ankur Garg appointed as chief commercial officer at AirAsia India
Garg had quit as the vice-president of revenue management at IndiGo a few weeks back. He now has a role in which he will be in-charge of areas such as network and revenue management, marketing and sales, and cargo of AirAsia India.
Political, business bigwigs suffer setback in Delhi HC in 2019
The list include senior Congress leaders like Sonia Gandhi and Rahul Gandhi in the National Herald case and Chidambaram in the INX media case. Corporate scams such as AgustaWestland VVIP Chopper deal, Aircel Maxis, AirAsia and 2G spectrum allocation too hogged the limelight in the high court in the year going by.
Tweet Buster: Ideas for 2020, sectors to watch & worry over long-term bonds
iThought founder Shyam Sekhar says 2020 could be a bullish year for Indian equities.
View: NCLAT ruling in favour of Mistry could push India Inc from the realm of law to business morality
The rift threatens to push corporate India beyond the confines of the law to the realm of business morality.
COO Sanjiv Kapoor quits Vistara
Vistara’s chief commercial officer Sanjiv Kapoor has resigned from the airline, and he will be succeeded by Vinod Kannan. The COO resigned citing personal reasons. Kapoor’s four-year stint at Vistara saw the airline grow from nine aircraft and 45 flights a day to 39 aircraft and more than 200 flights a day.
At 11.2%, air pax growth returns to double-digits in November
The 12 domestic carriers including full-service carriers Air India and Vistara and budget carriers Indigo, Spicejet, Goair and AirAsia India together had flown 11.6 million passengers in November. The cumulative domestic passenger traffic in the January-November period of the current calendar year stood at 131.11 million up from 126.28 million in 2018.
Indian airlines likely to post loss of over $600 million this fiscal: report
In June, it projected a consolidated net profit of $500-700 million in the optimistic case.
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