From good times, India's airlines flew into hard times last year, with cut-throat competition ensuring cheap tickets but also pushing some companies in the red. Here is what 2020 might hold for them
The current rules allow 100 per cent stake sale of Air India, provided substantial ownership and effective control remains with the Indian partner, an official said
A draft note has been circulated on the issue seeking comments from different ministries
Earlier, IndiGo suspended all three flights between India and China
Despite not being a minister, here's why I would be wary of touching this "gold mine"
The government will build in certain protection to employees in the share sale agreement, DIPAM Secretary Tuhin Kanta Pandey said
Air India's jumbo B747 made two flights to Wuhan city, the ground zero of the coronavirus epidemic.
The Indian Army has set up a quarantine facility in Manesar near Delhi to keep those evacuated from China's Hubei province
While Friday's flight is scheduled to take mostly those stranded in Wuhan, Saturday's flight is expected to take those held up in Hubei province
The government has reached out to over 600 Indians living in China's Hubei province, the epicentre of the novel coronavirus outbreak, to ascertain their willingness to be brought back to India
The national carrier is currently incurring a daily loss of around Rs 20-25 crore and has a debt of Rs 5,000 crore
The government has proposed selling 100 per cent stake in Air India along with budget airline Air India Express
The clause may impede Tatas' bid for Air India
The airlines saw a large number of cancellations impacting loads.
SpiceJet on Wednesday suspended stand-up comedian Kunal Kamra from flying with it after he allegedly heckled journalist Arnab Goswami aboard an IndiGo Mumbai-Lucknow flight. SpiceJet is the third airline to take action against Kamra. While IndiGo suspended Kamra from flying with it for a period of six months on Tuesday itself, Air India banned him until further notice. Aviation Minister Hardeep Singh Puri had taken note of the incident on Tuesday and "advised" other airlines in India to impose similar restrictions on Kamra, stating "offensive behaviour designed to provoke & create disturbance inside an aircraft is absolutely unacceptable & endangers safety of air travellers". On Wednesday morning, SpiceJet said on Twitter, "SpiceJet has decided to suspend Mr. Kunal Kamra from flying with the airline till further notice." An AirAsia India official told PTI that the airline is waiting for the aviation regulator DGCA to issue a formal notice, and after then it will take action ...
Air India's privatisation is acceptable as long as its control does not pass on to a foreign entity.
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Prospective bidders had pointed out that if an existing airline bids for Air India, it would ideally want to merge it with their ongoing business
Earlier, India's civil aviation regulator DGCA gave its clearance to the airline to operate the Mumbai-Delhi-Wuhan flight.
The Jet Airways stock has gone up from Rs 15.45 in October 2019 to Rs 50 in January 2020 - up over 300 per cent in three months even though the company has been grounded for over a year