The firm has to obtain the air operator certificate (AOC) from the Directorate General of Civil Aviation by March 22
Airlines unlikely to pass on Jet fuel price hike to customers
Raising the airfares further could hurt traffic volumes
Business Standard brings you the top headlines on Wednesday
South Korean flag carrier Korean Air Lines Co. said on Tuesday that it will suspend routes to Russia until the end of April due to safety concerns amidst Moscow's ongoing invasion of Ukraine
Companies have sought government intervention to get banks to lend working capital
Among the large airlines, Air India will see largest capacity addition
Airline executives said the increase in flights in summer will be based on market demand
MTNL is in focus as the Centre is considering relaxing some norms that led to the failure in attracting bids for assets of BSNL and MTNL as they look to restart the auction for their non-core assets.
The move is expected to boost international capacity and will help soften airfares, which have been soaring due to increased demand and rise in crude oil prices
The government has set minimum and maximum fares for domestic flights and these are applicable for up to a fortnight
Japan Airlines Co Ltd and ANA Holdings Inc said they would cancel all flights to and from Europe on Thursday, citing concerns about safety due to Russia's invasion of Ukraine
From carrying out safety assessments to setting up of temporary bases, airlines are taking elaborate steps to ensure quick and efficient passage to students fleeing Ukraine
Airlines executives said the Ministry of External Affairs had planned to operate flights in Moldova.
Jalan-Kalrock consortium-owned Jet Airways on Tuesday announced the appointment of former SriLankan Airlines' CEO, Vipula Gunatilleka as the Chief Financial Officer. "We are excited to welcome Vipula Gunatilleka to our young and energetic team. Vipula is an aviation expert and regarded as a turnaround specialist in the industry. "He has been shortlisted after a rigorous process run by our Executive Team over the last several months," said Ankit Jalan, Member of the Monitoring Committee of Jet Airways and part of Jalan-Kalrock Consortium. Gunatilleka, who served as the CEO of the SriLankan Airlines till January this year, was brought to restructure the carrier in 2018, as per a release. "I am certain Vipula will be an asset to the organization and will provide the necessary vision to revive the operations of Jet Airways as per the plans of the Consortium," Jalan added. Prior to joining SriLankan Airlines, he was the CFO & Board Member of TAAG Angola Airlines from November 2015 to
Total income in the latest December quarter climbed to Rs 267.73 crore compared to Rs 187.06 crore in the same period a year ago, according to a regulatory filing
Airlines see more passengers, railway numbers show gains
The Biden administration has made injecting more competition into US industries a key priority
The Tatas have the know-how to quickly close deals which can otherwise get caught in legal wrangle
The issue has fuelled a war of words between Airbus and Qatar's state carrier