At Delhi, for instance, of the 78 international passenger flights that arrived on Monday, 37 were scheduled to arrive in the 8-hour window from 2am to 10 am. Similarly, at Mumbai, of the 51 international passenger flights scheduled to arrive on Tuesday, 30 arrived between 12 am and 8 am.
🔴 SpiceJet “has miserably failed to satisfy the three pronged test suggested by the Supreme Court in Mathusudan Govardhandas & Co Vs Madhu Woollen Industries, and hence had rendered itself liable to be wound up for its inability to pay its debts under Section 433 (e) of the Companies Act 1956,” the high court said in its order.
“I am all for regaining our space in the civil aviation arena in the world and making a hub in India and for more wide body aircraft. We will get there but bear with me and trust me, I am on your side. We will work together but in a safe environment,” Civil aviation Minister Jyotiraditya Scindia said.
IndiGo joins Go Airlines India Ltd., which is also looking to unbundle baggage charges from air tickets to position itself as an ultra-low cost carrier.
The ministry has also permitted resumption of magazine and reading materials for passengers on domestic flights, the order noted.
Last month, SNV Aviation, which owns Akasa Air, said it expected to start flying next year after getting initial clearance from the civil aviation ministry to launch the country's latest ultra-low-cost carrier.
American Airlines has proposed a code-share agreement with IndiGo, meaning travellers of American Airlines could take connecting flights to other stations in India using IndiGo’s network.
In the agreement, Boeing accepted responsibility for Ethiopian Airways flight 302 losing control shortly after takeoff from Addis Ababa Bole International Airport.
Vinod Kannan, who is set to become the airline’s chief executive Jan 1 onwards, also spoke about Vistara’s growth plans in the face of Tata Group acquiring Air India, and the importance of market share in the domestic segment particularly given the imminent entry of two new airlines.
Interglobe's aircraft fuel expenses in the quarter soared 207.8%.to 19.89 billion rupees in the reported quarter, the company said.
Earlier this month, the government had accepted an offer by Talace Pvt Ltd, a unit of the holding company of the salt-to-software conglomerate, to pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt.
Recently, the ministry allowed airlines to operate 100% of their scheduled capacity keeping in mind the growing demand for air travel on account of the onset of festivals season.
On Friday, the government announced that the Tata Group was the highest bidder in the airline’s disinvestment process, having placed a bid of Rs 18,000 crore, of which Rs 2,700 crore will be paid to the Centre in cash and the remaining will be absorbed as debt from the airline.
For much of its lifetime, Jet Airways competed directly with Air India in the premium segment, and near-endless supply of taxpayer money at regular intervals for the state-run carrier meant Jet and other Indian airlines had to contend against an airline that constantly had its losses subsidised.
Talace Private, a wholly owned subsidiary of Tata Sons, which won the bid for sale of equity shareholding of the Central government in Air India, will look to change the past by setting the airline on a glide path similar to the two other airlines the group runs and manages — Vistara Airlines, and AirAsia India.
"Air India's return to the Tata group marks a new dawn for the airline! My best wishes to the new management, and congratulations to DIPAM Secretary and the Civil Aviation Ministry for successfully concluding the difficult task of paving a new runway for the airline to take off!" the minister tweeted.
Tata Sons Chairman Emeritus Ratan Tata tweeted a photograph of the company's former chairman JRD Tata getting down from an Air India flight.
The Tata Group placed a winning bid of Rs 18,000 crore. Along with the assets, the new owner will also take on around Rs 15,300 crore of debt, Secretary, Department of Investment and Public Asset Management Tuhin Kanta Pandey said.
This mainly includes display of the vaccinated person’s date of birth on their certificate.
This mainly includes display of the vaccinated person’s date of birth on their certificate.
According to the order, SpiceJet owes Rs 163.22 crore in forward charge liability and a reverse charge liability of Rs 122.64 crore from 2019-20 till September 7, 2021, to the Haryana government.
The airline’s divestment is expected to give the successful bidder control of 4,400 domestic and 1,800 international landing and parking slots at domestic airports, and 900 slots at airports overseas.
The National Company Law Tribunal (NCLT) in June this year had approved the Jalan Kalrock Consortium's resolution plan for Jet Airways, two years after the once-storied full-service carrier went into insolvency proceedings.
As a precursor to Air India sale, the government in 2019 had set up a special purpose vehicle, Air India Assets Holding Ltd (AIAHL), for transfer of debt and non-core assets of the Air India group.
Jet Airways is facing insolvency proceedings in the Netherlands in response to a complaint, where it was declared bankrupt in response to a complaint by two European creditors.