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Wednesday, December 15, 2021

Behind airport crowd surge: Bunching of foreign flight arrivals around the same time

December 8, 2021 10:45:23 am

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.

Madras High Court orders winding up of SpiceJet over outstanding dues

December 8, 2021 10:00:13 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.

‘Evaluating process’ of normalising overseas flights: Scindia

November 19, 2021 3:30:19 am

“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.

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IndiGo may charge customers for checked-in bags as market heats up

November 17, 2021 12:14:09 pm

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.

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Aviation Ministry allows airlines to serve meals on all domestic flights

November 16, 2021 9:33:54 pm

The ministry has also permitted resumption of magazine and reading materials for passengers on domestic flights, the order noted.

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Rakesh Jhunjhunwala-backed Akasa Air orders 72 Boeing 737 MAX jets

November 16, 2021 5:56:50 pm

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.

Driven by demand, American Airlines flies back to India after nearly 10 yrs

November 16, 2021 3:48:09 am

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.

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Boeing agrees to settle with Ethiopia 737 Max crash victims

November 11, 2021 9:18:35 am

In the agreement, Boeing accepted responsibility for Ethiopian Airways flight 302 losing control shortly after takeoff from Addis Ababa Bole International Airport.

‘With curbs relaxing, it’s an opportunity to grow, expand further,’ says Vistara’s chief commercial officer

November 9, 2021 9:55:26 am

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.

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Interglobe Aviation posts bigger quarterly loss as fuel expenses soar

October 28, 2021 6:42:53 pm

Interglobe's aircraft fuel expenses in the quarter soared 207.8%.to 19.89 billion rupees in the reported quarter, the company said.

Government signs share purchase agreement with Tata Sons for Rs 18,000-crore Air India deal

October 25, 2021 5:26:18 pm

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.

Festive demand push: Domestic air traffic count nears pre-Covid levels

October 19, 2021 7:49:22 am

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.

Sans govt support, high costs & staff management of Air India to test Tata

October 10, 2021 4:00:26 pm

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.

AI privatisation heralds end to taxpayer-fuelled ops; deleterious effect on industry fares, salaries

October 9, 2021 7:56:59 am

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.

Tata’s Air India buy: Restructuring of wages, VRS may be key to plan

October 9, 2021 6:32:02 am

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.

New dawn for Air India: Jyotiraditya Scindia

October 9, 2021 6:27:58 am

"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.

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Ratan Tata tweets ‘Welcome back, Air India’ after Tata Sons wins bid for national carrier

October 9, 2021 8:38:07 am

Tata Sons Chairman Emeritus Ratan Tata tweeted a photograph of the company's former chairman JRD Tata getting down from an Air India flight.

Tata Sons wins bid for acquiring national carrier Air India

October 9, 2021 2:07:26 am

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.

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Post UK plaints, NHA comes up with ‘international vaccine certificates’

October 1, 2021 7:51:10 am

This mainly includes display of the vaccinated person’s date of birth on their certificate.

Post UK plaints, NHA comes up with ‘international vaccine certificates’

October 1, 2021 1:48:38 am

This mainly includes display of the vaccinated person’s date of birth on their certificate.

Excise dept asks SpiceJet to pay ‘GST dues’ of Rs 285 cr to Haryana

September 22, 2021 3:45:48 am

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.

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Tatas, SpiceJet chief in race as Air India divestment enters the concluding stage

September 16, 2021 7:12:40 am

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.

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Jet Airways to resume domestic services in Q1 of 2022: Jalan Kalrock

September 13, 2021 2:38:16 pm

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.

Air India transfer of assets to SPV to be TDS, TCS exempt

September 13, 2021 1:11:16 am

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: Boeing 777 plane in Dutch custody sold; insolvency process to close now

September 5, 2021 2:54:27 am

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.

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