The US has ordered the suspension of self-handling rights of Indian carriers at American airports, retaliating under a bilateral air services agreement against denial of similar concession to US passenger airlines here, sourc
AAI chairman Guruprasad Mohapatra told FE’s Arun Nayal that a central passenger identity platform will be in place by the end of 2019, which will provide seamless movement between these airports. Excerpts:
Sources said that the preliminary view within Air India is that since the five aircraft are not technically in a condition in which they can be straightaway put in operations either through wet or dry lease, it’s best not t
Confirming the receipt of information about Jet stopping all operations, the civil aviation ministry said in a series of tweets that the bank-led resolution process is still underway and expected to end by May 10.
Jet CEO Vinay Dube had indicated to the lenders — led by State Bank of India — it would be impossible to continue to operate the airline in the absence of some emergency funding of around Rs 400 crore. However, till the t
The full-service carrier operated just 6-7 planes of its fleet of 119 aircraft on Monday. Civil aviation rules in India require an airline to operate a minimum of five aircraft to keep its operating permit valid.
Though GVKAHL is confident about acquiring ACSA’s stake, Bidvest has been in talks with infrastructure major Adani Group for sale. GVK had urged the court to prevent Bidvest from creating third-party rights on its 162 milli