KOLKATA: A top-ranking executive with a construction major, Sandip Bose, woke up with a start after getting a message in his cellphone a few days ago. He was told to settle a due of Rs 65,000 for transactions made on his credit card. Read the rest of this entry »
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No-frills, budget airlines seem to have lost their lure. Many domestic airlines have had shorter check-in queues and empty seats between January and March, traditionally the peak season for honeymooners. Read the rest of this entry »
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Investors in aviation stocks may have to wait for long to get good returns. With oil prices touching a record high of $119 per barrel, and rising airfares prompting some passengers to put off flying, Indian carriers are expected to incur heavy losses. In India, prices of aviation turbine fuel (ATF) has gone up by an average of 42 per cent from April 2007. Read the rest of this entry »
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NEW DELHI: The flight operations from the new airport in Bangalore are expected to be further delayed as contentious issues like user development fee are yet to be resolved, an aviation official said. Read the rest of this entry »
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Chennai: In an attempt to meet peak season demand, and also maintain its leadership position as a regional airline operator, Paramount Airways, has announced the addition of nine more daily flights to its schedule. Read the rest of this entry »
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WASHINGTON: Domestic airlines need to raise fares by 15 percent to 20 percent just to break even at current fuel prices, the chief executive of Delta Air Lines, which seeks to acquire Northwest Airlines, said Tuesday.
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MUMBAI: Budget Airline Deccan Aviation Ltd said its board named Vijay Mallya as Chairman, replacing N S Narahari who will continue as director. Read the rest of this entry »
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DUBAI: Bahrain’s Gulf Air will begin its non-stop service to Hyderabad from July 1st 2008. The Hyderabad service will become the eighth destination for Gulf Air in India and it will increase total India frequencies to 68 weekly or 11,500 seats per week, Gulf Air CEO Bjorn Naf, said in a statement. Read the rest of this entry »
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NEW DELHI: In order to give a fillip to the country’s air services to middle-east, India and UAE on Thursday signed a Memorandum of Understanding (MoU) on the revised air service operations between the two countries. Read the rest of this entry »
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Kochi airport charges Rs 35,000 for each landing, while Mumbai charges Rs 2,500 and Bangalore Rs 18,000. Read the rest of this entry »
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