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While Indigo continues to attract budget fliers, some Indian airlines have launched 'premium economy' to attract fliers. So, did Indigo miss the premium economy class flight? Or it has other plans?
Frontier Airlines, facing likely defeat in its bid to merge with Spirit Airlines, is asking for another delay in a shareholder vote on the deal. Frontier CEO Barry Biffle said in a letter made public Monday that his airline is very far from winning approval by Spirit shareholders, who are weighing a richer buyout offer from JetBlue Airways. A shareholder vote at Spirit, already postponed three times, is scheduled for Friday. Spirit's board has stood behind a February deal it struck with Frontier to join the two discount airlines. However, we still remain very far from obtaining approval from Spirit stockholders based on the proxy data we received as of July 8, Biffle said to Spirit CEO Ted Christie and General Counsel Thomas Canfield. Biffle asked for another delay in the vote, until July 27, if the merger plan still lacks the votes for approval so that Frontier can continue to lobby Spirit shareholders. Biffle said that if Spirit's board changes its mind and supports the JetBlue
Despite growth in revenue, Air India is witnessing a cash shortfall of around Rs 200 crore every month
The airline will have an all-economy cabin for Tier B and Tier C cities
On an average, airfares on metro routes were down by 20-25 per cent for tickets booked in the past seven days, compared to the same period last year
Pajamas also provide an opportunity to stand out for carriers that already coddle their lucrative passengers