Vijay Mallya's Kingfisher House to go under the hammer again
The Debts Recovery Tribunal has announced a new auction date of Nov 27 through an online bidding process, for the beleaguered property. From the original reserve price of Rs 135 cr during the first auction of the property -- valued at around Rs 150 cr in 2016 -- for the 8th auction this time, the reserve price is fixed at a staggeringly low of just Rs 54 cr.
DGCA probes GoAir incident at Bengaluru airport; summons pilots
A source said the Airbus plane had touched the unpaved surface outside the ru...
At 11.2%, air pax growth returns to double-digits in November
The 12 domestic carriers including full-service carriers Air India and Vistara ...
Former Pakistan PM Nawaz Sharif leaves for London for medical treatment
Sharif, 69, is accompanied by his younger brother Shehbaz Sharif and his personal physician Adnan Khan. He left for London via Qatar in a "high-end" air ambulance which arrived from Doha. PMLN spokesperson Marriyum Auranzeb said that Sharif would be taken to Harely Street Clinic upon arrival in London for his treatment.
DGCA probe finds ‘alarming practices’ by some airlines
The crackdown came against the brackdrop of accidents and incidents this monsoon.August and September, according to DGCA data, have seen six and two incidents. There were 11 incidents in July — the highest in the year.
Disinvestment of Air India should improve competition within the aviation sector: IATA official
Moreover, the official said that the Jet Airways' bankruptcy - which happened in April this year - does raise questions on the sustainability of the Indian aviation sector.
Jaishankar, Bhutan FM hold talks; vow to strengthen economic, defence ties
It is learnt that the two leaders reviewed the entire gamut of India-Bhutan relations, including the security situation in strategic areas. They also held in-depth discussions while having dinner. Dorji, on a week-long visit, will also pay a visit to Bodh Gaya and Rajgir in Bihar on November 19-20, and Kolkata on November 21-22.
Govt to sell 100% stake in Air India, says Union minister Hardeep Singh Puri
"AISAM has approved the 100 per cent sale of Government of India stake in Air India for the re-initiated strategic disinvestment of Air India," Minister of State for Civil Aviation Hardeep Singh Puri said in a written reply to the Lok Sabha. The national carrier, which has a debt burden of more than Rs 50,000 crore, has been making loss for long and as part of revival efforts, the government has decided on disinvestment.
Airlines rush to fill in Jet’s space
With jet Airways no longer operating any flights, other airlines have come forward to fill up the winter slots occupied by the Jet till last year. Vistara has taken the lead followed by SpiceJet and AirAsia India in filling up the space.
GoAir offers flight tickets at Rs 1714 to mark airline's 14th anniversary
Non stop GoAir flights from Mumbai can be availed for Rs. 1714/- (all inclusive) on the domestic and Rs. 5714/- (all inclusive) on international routes. This offer is available exclusively across GoAir networks (GoAir website, GoAir ticketing counters, GoAir Call Centre and travel agents) on first-come-first-serve basis.
Air India buyer may be allowed to rename airline
A source close to the deal says now that they are planning for a complete exit from Maharaja in the second attempt to divestment, there is unlikely to be any precondition for retaining the name of Air India for any specific period of time like last year.
With an eye on securing orders, Airbus conducts A220 aircraft's demonstration
Airbus' A220, with the largest and quietest cabin in its class, offers a wide-body passenger comfort in a single-aisle aircraft, a press statement by Airbus said. A220 incorporates state-of-the-art technologies, the latest aerodynamic design and new generation engines resulting in fuel savings of 20 per cent, the aircraft manufacturer added.
India to host BRICS Digital Health Summit to boost digital healthcare
TS Tirumurti, Secretary, Economic Relations (Ministry of External Affairs), said that the Prime Minister announced that India will host a BRICS Digital Health Summit on innovative solutions to healthy lifestyle which will seek to integrate digital technology with healthcare informatics and diagnostics.
United Airlines India boss is a tech junkie; refuses to step out without his Kindle, AirPods
Harvinder Singh revealed that he is currently reading 'The Prophet' by Khalil Gibran.
SpiceJet Q2 loss widens to Rs 463 crore
SpiceJet also said that the airline’s losses were higher due to new accounting standard norms and grounding of Boeing 737 MAX.
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