Fog plays again for IGI Delhi
News article:
Dense fog enveloped the IGI Airport for the third consecutive day on Saturday morning disrupting the schedules of around 25 domestic
and international flights and causing inconvenience to hundreds of passengers.
About 12 domestic flights and 11 arriving and departing international flights were delayed by over two to three [...]
Kingfisher Airlines board on Monday approved an enabling resolution to raise $100 million (nearly Rs 487.8 crore) by various fund raising instruments.
The board of directors of the company have approved that the funds be raised through various instruments including Global Depository Receipts, Kingfisher Airlines said in a filing to the Bombay Stock Exchange [ Images [...]
A Delhi-bound Jet Airways aircraft carrying 139 persons skidded off a runway just before its take off from the Bangladesh capital today
but no one was hurt in the accident.
The Boeing-737 aircraft of India’s private Jet Airways skidded the runway by over three meters at Dhaka’s Zia International Airport just ahead of its take-off.
However, all 139 [...]
Now, IDBI mulls $1 billion bailout for AI
In what can be a first aviation funding in India, IDBI might step in to provide funds worth $1 billion to Air India – much needed for the airline to replace its old aircraft fleet plying on the domestic route.
Lufthansa 2008 net profit falls 64% on low traffic
German flag carrier Lufthansa said on Wednesday its 2008 net profit fell 64 per cent to 599 million euros ($760 million) and that it expected a further drop this year.
SpiceJet soars on reports of merger talks
Shares of low-cost airline SpiceJet on Monday soared by over nine per cent on reports that the company was in talks for a possible merger with Jeh Wadia-led rival carrier GoAir.
PSU oil cos slash ATF prices by 7%
State-run fuel retailers on Saturday slashed jet fuel or ATF rates by a further seven per cent, making it the 11th reduction since September last year.
Delhi airport’s new departure terminal to be operational soon
Slowly but surely, the transformation of the Delhi airport is on. The new departure terminal at the Delhi airport is ready and even though it is an interim arrangement, till the integrated terminal is ready by 2010, the new terminal would come as a big relief to [...]
No talks with Reliance for stake sale: Jet Airways
Country’s largest private carrier Jet Airways on Tuesday denied media reports that the company is talking to Mukesh Ambani-led Reliance Industries for selling stake in the airline.
Air Canada axes 2,000 jobs, flights to cut costs
Air Canada on Tuesday announced it would axe 2,000 jobs this year to meet the rising fuel costs.
Air India to mark starting of new Bangaluru Intl airport
An Air India flight from Bangaluru to Singapore would mark the starting of the operations of the new Bangaluru international airport past midnight on Saturday.
Singapore Airlines cuts flights amid recession
Singapore Airlines said it plans to cut flights to the US, Europe and Asia which includes New Delhi, Mumbai and Hyderabad as a global economic slowdown bites into consumer demand.
Govt may ease FDI norms in domestic airlines
A proposal to permit foreign airlines to pick up stake in domestic carriers is among the several measures being considered by the government to help the Indian aviation industry overcome the financial crunch.
Corporate India may prefer cheaper Very Light Jets news
They’re small, sleek, sexy and so-o-o-o much cheaper. Industry experts predict that the Indian market will opt for VLJs rather than corporate jets. Ashwin Tombat reports
If you can afford a Maybach ($885,000, Rs 3.50 crore) to drive around in, surely you can also afford a Very [...]
From sleek VLJs (Very Light Jets) tagged at US$5 million to the US$50 million Gulfstream, a smorgasbord of business jets, helicopters and turboprop aircraft fitted with boardroom-like interiors and plush seating are now available in the Indian market. Last year too, the government granted about 100 permits to import private jets and helicopters. According to [...]