Aviation
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InterGlobe Aviation shares tumble 7 per cent after Q2 earnings
Business | Oct 25, 2019, 01:10 PM ISTAfter market hours on Thursday, the company posted a net loss of Rs 1,062 crore for the September quarter, mainly on account of higher costs related to operating lease liabilities.
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IndiGo launches second iFLY facility in Bengaluru
Business | Sep 04, 2019, 03:54 PM ISTThe first ifly facility is located at Gurugram. ifly has been instrumental in extending training to IndiGo employees, it said in a statement.
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IndiGo to start flights on Delhi-Riyadh and Delhi-Kuwait route from Oct 11
Travel | Aug 30, 2019, 03:48 PM ISTThe company said it would also be operating flights on the Delhi-Kuwait route from October 11. The airline already has direct flights on the Mumbai-Kuwait route.
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Russian Helicopters eyeing Indian market to promote Ansat
World | Aug 29, 2019, 12:38 PM ISTWe are hopeful of promoting Ansat in India. We have very good prospects. We have applied for certificate to aviation officials of India in the beginning of this year,” Artom Fetisov, sales director of Russian Helicopters, told reporters during the ongoing MAKS air show here.
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IndiGo to expand board; to have 4 independent directors
Business | Jul 22, 2019, 07:35 AM ISTInterGlobe Aviation has decided to have up to 10 members on its board, including four independent directors. The decision, taken during the company's board meeting on July 20, also comes against the backdrop of a feud between co-promoters -- Rakesh Gangwal and Rahul Bhatia -- over corporate governance issues.
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Govt seeks explanation from IndiGo on Gangwal's complaint
India | Jul 18, 2019, 08:09 PM ISTThe government has sought explanations from InterGlobe Aviation on allegations of corporate governance lapses raised by co-founder and promoter Rakesh Gangwal.
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Aviation scam: Supreme Court stays Delhi HC order allowing Aditya Tawlar to appear through lawyer
India | Jul 08, 2019, 07:12 PM ISTAditya Talwar, who is yet to join the probe, has been accused by the Enforcement Directorate (ED) of allegedly receiving Rs 272 crore in kickbacks through his firms -- Asiafield and Gilt Asset Management -- in the case involving his father.
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Will invite suggestions for FDI in aviation, media, insurance: Sitharaman in budget speech
Budget | Jul 05, 2019, 12:02 PM ISTPresenting her maiden budget in the Lok Sabha, Finance Minister Nirmala Sitharaman on Friday said the government will invite suggestions for the further opening up of foreign direct investment in the aviation sector, media, animation AVGC and insurance sectors in consultation with all stakeholders.
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Piyush Goyal asks ministries to work in coordination to cut logistics cost to 9 percent of GDP
India | Jun 27, 2019, 05:36 PM ISTThe commerce and industry minister made the remark while reviewing the draft National Logistics Policy and the proposed action plan for its implementation.
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French aviation, defence industries have chosen India, says French Ambassador to India Alexandre Ziegler
World | Jun 18, 2019, 09:24 PM ISTFrench Ambassador to India Alexandre Ziegler said his country is looking forward to further exchanges with the new government in India to deepen the industrial relations in defence as well as civilian aerospace sectors.
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Olialia Sky brings luxury air-charter services for corporate honchos in India
Travel | Jun 18, 2019, 08:47 PM ISTEuropean FMCG company Olialia World has announced a joint venture (JV) with Delhi-based Aerojet Aviation Pvt Ltd to launch private jets and helicopter services branded as 'Olialia Sky' in the country.
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NCP leader Praful Patel appears before ED in aviation scam PMLA probe case
India | Jun 10, 2019, 11:48 AM ISTHis statement will be recorded under the Prevention of Money Laundering Act (PMLA) and he is expected to face a series of questions.
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Jet failure a 'wake up call'; part of blame on policymakers too: Ajay Singh
Business | Jun 04, 2019, 12:16 PM ISTNoting that the grounding of Jet Airways was "very sad", Ajay Singh said that internal factors and high costs were among the reasons for its failure
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Jet Airways pilots threaten to stop flying from April 1
Business | Mar 19, 2019, 10:55 PM ISTMore than 200 pilots marched to Jet Airways' headquarters here after the meeting, which was held at a nearby hotel.
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Great deal of interest for Air India disinvestment: Civil Aviation Secretary RN Choubey
Business | May 10, 2018, 07:09 PM ISTCivil aviation secretary RN Choubey says there is a great deal of interest for disinvestment of Air India as the deadline for submission of preliminary bids ends this month.
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India Union Budget 2018-19 Highlights: Airport capacity up 5 times, Jaitley says people wearing 'Hawai Chappal' will now use 'Hawai Jahaz'
Budget | Feb 01, 2018, 05:08 PM IST56 unserved airports and 31 unserved helipads will be connected under UDAN scheme, Jaitley said.
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Ticket cancellation charges cannot exceed base fare, DGCA tells airlines
Jun 08, 2016, 01:19 PM ISTNew Delhi: There is relief in store for air travellers if new rules proposed by the government manage to be implemented. In order to rein in the unchecked flight cancellation charges, the Directorate General of
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After petrol and diesel, price hike for aviation fuel, non-subsidised LPG
Jun 01, 2016, 11:53 AM ISTAviation turbine fuel or jet fuel price was today hiked by a steep 9.2 per cent, while that of non-subsidised cooking gas was raised by Rs 21 per cylinder. In the fourth straight monthly increase in rates on global cues, ATF price in Delhi was increa
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Wait-listed in Rajdhani Express, get an Air India booking
May 26, 2016, 07:46 AM ISTNew Delhi: Now being stuck in a waiting list may come as a blessing in disguise for train passengers. Travellers, who could not get a confirmed ticket on Rajdhani Express, will now be provided an
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Small cities, including Jaisalmer and Jodhpur, to be linked with air services: Govt
National | Feb 12, 2016, 04:48 PM ISTJaisalmer: Small cities, including Jaisalmer and Jodhpur, will be linked with air services in the near future and the Centre is working on a policy to this effect, Union minister Mahesh Sharma has said.In the