Loss Making Airline
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Singapore Airlines Plane Makes Emergency Landing In Delhi After Glitch
A Singapore Airlines aircraft carrying 228 people on Wednesday made an emergency landing in the national capital after experiencing a glitch with the nose wheel, an official said.
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FDI Okayed For Air India, Congress Says Government Doesn't Care
The Narendra Modi government today opened the doors for foreign investment in Air India -- a move that is expected to expedite the divestment process of the debt-ridden national carrier. Under the plan cleared by the cabinet this morning, foreign airlines will be able to make up to 49 per cent direct investment in Air India, leaving the control of ...
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Plan To Sell 51% In Air India To Strategic Partner Presented To PM Office
India is planning to sell a majority stake in Air India, the country's national carrier, to a strategic partner in a bid to turn around the loss making airline, people with knowledge of the matter said.
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With New Reforms, Flights To Become Cheaper, Lots Of 'No Frills' Airports
The Union Cabinet on Wednesday approved a new civil aviation policy aimed at making air travel affordable for millions of Indians and vastly expanding the country's aviation market.
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Sister Says Don't Make Missing Flight 370 Pilot The Fall Guy
Time has not eased the pain for the family of Capt. Zaharie Ahmad Shah, the senior pilot of Malaysia Airlines Flight 370. Nearly two years after the plane disappeared, they must cope not only with his loss but with the theory that he was to blame.
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Tatas Hope To Be Third Time Lucky With Vistara
Vistara will start flying at a time when the domestic aviation industry is in news for all the wrong reasons. Budget carrier SpiceJet's future is uncertain and most domestic carriers have been making losses year after year. According to the Centre for Asia Pacific Aviation, domestic airlines posted losses of over Rs 10,000 crore in 2013-14.
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Singapore Airlines jet makes emergency landing in Azerbaijan
A Singapore Airlines Airbus A380 superjumbo made an emergency landing in Azerbaijan on Monday due to a loss of cabin pressure but no one was injured, the carrier said.
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Vijay Mallya's UB Group to pump $2 million in loss-making US brewer
Liquor baron Vijay Mallya-led UB Group has decided to infuse $2 million in Mendocino Brewing Company, a US-based loss making firm, to revive its fortunes. UB has also agreed to "favourably consider additional investment to underpin growth based on detailed business plan to be submitted in due course" by Mendocino, it said in a regulatory filing.
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Sensex surges over 150 points; IT, realty stocks lead
The BSE Sensex traded with strong gains on Wednesday indicating the worst might be over for stock markets in the short term. The BSE benchmark surged over 150 points, extending Tuesday's gains, which incidentally came after eight consecutive loss making sessions. The broader Nifty traded above the key 5,950.
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Weighed down by losses, GMR airports bank on cash-and-carry
Kingfisher Airlines is making regular cash and carry payments to GMR's Delhi and Hyderabad airports.
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Singapore Airlines Plane Makes Emergency Landing In Delhi After Glitch
A Singapore Airlines aircraft carrying 228 people on Wednesday made an emergency landing in the national capital after experiencing a glitch with the nose wheel, an official said.
-
FDI Okayed For Air India, Congress Says Government Doesn't Care
The Narendra Modi government today opened the doors for foreign investment in Air India -- a move that is expected to expedite the divestment process of the debt-ridden national carrier. Under the plan cleared by the cabinet this morning, foreign airlines will be able to make up to 49 per cent direct investment in Air India, leaving the control of ...
-
Plan To Sell 51% In Air India To Strategic Partner Presented To PM Office
India is planning to sell a majority stake in Air India, the country's national carrier, to a strategic partner in a bid to turn around the loss making airline, people with knowledge of the matter said.
-
With New Reforms, Flights To Become Cheaper, Lots Of 'No Frills' Airports
The Union Cabinet on Wednesday approved a new civil aviation policy aimed at making air travel affordable for millions of Indians and vastly expanding the country's aviation market.
-
Sister Says Don't Make Missing Flight 370 Pilot The Fall Guy
Time has not eased the pain for the family of Capt. Zaharie Ahmad Shah, the senior pilot of Malaysia Airlines Flight 370. Nearly two years after the plane disappeared, they must cope not only with his loss but with the theory that he was to blame.
-
Tatas Hope To Be Third Time Lucky With Vistara
Vistara will start flying at a time when the domestic aviation industry is in news for all the wrong reasons. Budget carrier SpiceJet's future is uncertain and most domestic carriers have been making losses year after year. According to the Centre for Asia Pacific Aviation, domestic airlines posted losses of over Rs 10,000 crore in 2013-14.
-
Singapore Airlines jet makes emergency landing in Azerbaijan
A Singapore Airlines Airbus A380 superjumbo made an emergency landing in Azerbaijan on Monday due to a loss of cabin pressure but no one was injured, the carrier said.
-
Vijay Mallya's UB Group to pump $2 million in loss-making US brewer
Liquor baron Vijay Mallya-led UB Group has decided to infuse $2 million in Mendocino Brewing Company, a US-based loss making firm, to revive its fortunes. UB has also agreed to "favourably consider additional investment to underpin growth based on detailed business plan to be submitted in due course" by Mendocino, it said in a regulatory filing.
-
Sensex surges over 150 points; IT, realty stocks lead
The BSE Sensex traded with strong gains on Wednesday indicating the worst might be over for stock markets in the short term. The BSE benchmark surged over 150 points, extending Tuesday's gains, which incidentally came after eight consecutive loss making sessions. The broader Nifty traded above the key 5,950.
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Weighed down by losses, GMR airports bank on cash-and-carry
Kingfisher Airlines is making regular cash and carry payments to GMR's Delhi and Hyderabad airports.
