Aviation
Air India to be split into four entities before sale
India will break up its debt-burdened flag carrier Air India into four separate companies and offer to sell at least 51 per cent in each of them as part of a disinvestment
Passenger traffic at Munich Airport rises to new all-time high of 44.6 million
Take-offs and landings up 2.6% to over 400,000 Munich Airport’s dynamic growth continued in 2017 with new traffic records in several categories: Passenger traffic increased by an impressive 2.3 million to
Air Asia offers tickets to 7 cities starting at Rs 99
Low-cost airline AirAsia India on Sunday said that starting Monday it would fly passengers in seven domestic routes at a promotional base fare starting from Rs 99, excluding taxes. “The
Delhi Duty Free Leads the way to Home Currency Pricing – First among all Travel Retailers in India
Hailing the directive from Central Board of Customs & Excise (CBEC) for Duty Free Retailers to display prices in Indian Rupees (INR); India’s largest Travel retailer – Delhi Duty Free
Air India to take delivery of B777 plane on January 24
Air India is set to take the delivery of the first of the two B777 aircraft, which will be used to fly the VVIPs, on January 24. Air India is
FDI in Air India means no preferential treatment to it: Aviation minister
Permitting 49 per cent foreign direct investment in Air India brings the airline on a par with other domestic carriers and does away with the preferential treatment that was extended
Air India to be sold out by the end of 2018, says Civil Aviation Minister
Minister of State for Civil Aviation Jayant Sinha laid out a timeline for the strategic disinvestment of state-run carrier, Air India. “We have said over and over again that from
CITU opposes move to allow 49 per cent FDI in Air India
The Centre of Indian Trade Unions (CITU) today denounced the decision of the government to allow 49 per cent foreign direct investment (FDI) in Air India, and said it was
Air India’s April-September revenues up 10 per cent: CMD Pradeep Singh Kharola
National carrier Air India has improved its revenues by about 10% during the first 9 months of this fiscal, said Chairman and Managing Director Pradeep Singh Kharola. Without sharing any
CAPA: Postponing Air India disinvestment will erode its value
Postponing disinvestment of Air India by five years will further erode its value, says aviation think tank CAPA in response to a draft report by a Parliamentary panel recommending the
