Archive for the ‘News’ Category

Air passengers should be free from transaction fee

Airlines should not have the leverage to fix prices based on demand, which would certainly lead to cartelization among the carriers. Fares should be published minimum with 2 or 3 months validity well in advance enable traveling public – tourist / LTC all to schedule their plans accordingly. Fares cannot...

January 25th, 2011 | News | Read More

Indian carriers have a debt of Rs. 57,274 cr

Indian carriers have suffered a whopping debt of Rs. 58,274 crore in 2008-09, with staterun Air India registering a burden of about Rs. 34,715 crore that year. Air India registering a burden of about Rs. 34,715 crore that year. Air India was followed by private carrier Jet Airways and its no-frill subsidiary...

December 30th, 2010 | News | Read More

Air India to refin $1.15 bn debt; Seeks compensation from Boeing

National carrier Air India plans to refinance the existing debt of $1.15 billion taken from an IDBI-led consortium of banks. The loan was taken to buy 21 new A-320 aircraft from European aerospace giant Airbus, Civil Aviation Minister Praful Patel said in a written reply to the Lok Sabha. “Air...

December 15th, 2010 | News | Read More

Airlines till jingles

Financial markets positive about airlines with 12% share price rise past month and 37% rise so far this year, well Airlines till jingles ahead of market; Q3 post-tax profits total almost $10 billion, with improvements in all regions ä including Europe; Q3 operating profit reaches new peak in absolute...

December 4th, 2010 | News | Read More

The fortnight That was for The Flying Birds

Airlines News Round-up for first 14 days of the month September 11: Air India has decided to stop trans-Atlantic flights from London and Frankfurt using the ‘fifth freedom’ traffic rights and make the Capital’s Indira Gandhi International airport (IGI) its global hub. September 08: An Air India...

September 15th, 2010 | News | Read More

The Month This Far for The Flying Birds

Airlines News Round-up for first 10 days of the month Air India August 10: Faced with rising maintenance costs and a delay in delivery of aircraft, state-run Air India is looking to lease out six of its large Boeing 777 aircraft as well as hire at least 10 midsize Airbus A330 planes. August 09: Bangalore:...

August 16th, 2010 | News | Read More

IATA CUPPS to transform Emirate’s airports

Abu Dhabi signs deal with SITA to upgrade Passenger Processing Systems Abu Dhabi: Abu Dhabi Airports Company (ADAC) and aviation IT specialist SITA have revealed details of a five year deal, which will bring sweeping changes to all of the emirate’s airports turning them into hightech centres for passenger...

August 15th, 2010 | News | Read More

Govt Bends National Law Before Zero Airlines

Ministry directs DGCA to amend law to deny Agents commission Civil Aviation Ministry has directed DGCA to amend the law so as to rule out “commission” due to Travel Agents that is their contractual rights. Instead of making the foreigners accept our laws, our own government obeys their unlawful dictate....

August 15th, 2010 | News | Read More

The Month That Was-for The Flying Birds

Airline news round-up from all over India Air India July 06 As part of restructuring its top hierarchy, Air India plans to hire some senior executives, including a Chief Strategy Officer and a Chief Operating Officer for its lowcost international arm Air India Express. June 30 The Air India engineering...

July 22nd, 2010 | Airlines, News | Read More
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