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Major airlines oppose govt's plan to relax norms on flying abroad

Jan 20, 2015 at 19:50 | Source: FirstPost

New Delhi: Opposing the government's plan to dilute norms for domestic carriers seeking international operations, the existing airlines today said such a proposal, if enforced, will be detrimental for the industry in the long term.At present, the rul...

Air traffic rises 15% in December, SpiceJet registers highest percentage of cancellations

Jan 20, 2015 at 08:28 | Source: FirstPost

New Delhi: Domestic air passenger traffic increased by 15.29 percent in December to 64.40 lakh passengers -- up from 55.86 lakh in the corresponding month last year, official data showed.According to data from the civil aviation ministry, passengers ...

No surprise: SpiceJet flight cancellations percentage highest in December

Jan 19, 2015 at 20:51 | Source: FirstPost

New Delhi: Domestic air passenger traffic increased by 15.29 percent in December to 64.40 lakh passengers -- up from 55.86 lakh in the corresponding month last year, official data showed.According to data from the civil aviation ministry, passengers ...

Not cash alone: Ajay Singh needs a lot more to do to revive SpiceJet

Jan 16, 2015 at 17:10 | Source: FirstPost

Merely pumping in money into cash strapped SpiceJet will not turn it around. The tough task of turning it around actually begins from here. Former promoter Ajay Singh has come as a white knight since he has lined up an investment of up to Rs 1500 cro...

Not just money: Ajay Singh needs to do a lot more to revive SpiceJet

Jan 16, 2015 at 12:40 | Source: FirstPost

Merely pumping in money into cash strapped SpiceJet will not turn it around. The tough task of turning it around actually begins from here. Former promoter Ajay Singh has come as a white knight since he has lined up an investment of up to Rs 1500 cro...

Not just cash: White knight Ajay Singh needs to do a lot more to revive SpiceJet

Jan 16, 2015 at 11:44 | Source: FirstPost

Merely pumping in money into cash strapped SpiceJet will not turn it around. The tough task of turning it around actually begins from here. Former promoter Ajay Singh has come as a white knight since he has lined up an investment of up to Rs 1500 cro...

Why Jet Airways may be slipping out of Naresh Goyal's grasp

Jan 14, 2015 at 16:15 | Source: FirstPost

First Vijay Mallya. Second, (possibly) Kalanithi Maran. And next, it could be Naresh Goyal. Indian civil aviations big private sector promoters are, one by one, looking to bow out of an industry that has only bled them dry.While Mallyas Kingfisher is...

Why Jet Airways may be slowly slipping out of Naresh Goyal's grasp

Jan 14, 2015 at 14:42 | Source: FirstPost

First Vijay Mallya. Second, (possibly) Kalanithi Maran. And next, it could be Naresh Goyal. Indian civil aviations big private sector promoters are, one by one, looking to bow out of an industry that has only bled them dry.While Mallyas Kingfisher is...

Subramanian Swamy at MoodI: IIT-B students slam organisers for calling politician to festival

Jan 01, 2015 at 14:55 | Source: FirstPost

After the controversial statements made by BJP leader Subramanian Swamy at IIT Bombay's annual college festival 'Mood Indigo', some students have strongly criticised the oraganisers of the festival for inviting the BJP leaderto the festival.The Progr...

IIT Bombay's #Facepalm moment: Asked for Christoper Nolan, got Subramanian Swamy instead

Dec 31, 2014 at 14:13 | Source: FirstPost

It was a moment of sheer excitement for many of us when IIT Bombay on 28 October announced that none other than The Dark Knight trilogy director Christopher Nolan was coming to the institution's annual festival 'Mood Indigo'.However, the disappointme...

JPMorgan fund in talks on taking $200 mln stake in SpiceJet - paper

Dec 27, 2014 at 02:30 | Source: FirstPost

MUMBAI (Reuters) - A fund managed by JPMorgan Chase is in advanced talks to partner with carrier SpiceJet Ltd's co-founder for a planned $200 million investment into the cash-strapped airline, the Economic Times reported on Thursday, citing unnamed s...

JPMorgan fund may partner with Ajay Singh for SpiceJet stake

Dec 25, 2014 at 14:57 | Source: FirstPost

Mumbai: A fund managed by JPMorgan Chase is in advanced talks to partner with carrier SpiceJet Ltd's co-founder for a planned $200 million investment into the cash-strapped airline, the Economic Times reported on Thursday, citing unnamed sources with...

Why have India's airlines hit turbulence?

Dec 17, 2014 at 13:37 | Source: BBC

India's aviation industry is in deep trouble. On Thursday, Aviation Minister Ajit Singh told the parliament that the airlines are expected to report a combined loss of nearly $2bn for the last financial year. Independent analysts peg last fiscal...

Inclement weather hits UP transport system

Dec 12, 2014 at 23:15 | Source: FirstPost

Lucknow, Dec 12 (IANS) Uttar Pradesh continued to shiver Friday as temperatures dropped further, the winter chill being compounded by icy winds blowing across the state. While fog on the outskirts of the city wreaked havoc on the transport system.Thu...

Dense fog disrupts rail, air traffic in Lucknow

Dec 06, 2014 at 22:15 | Source: FirstPost

Lucknow, Dec 6 (IANS) Rail and air traffic was crippled for the second day Saturday as dense fog enveloped the Uttar Pradesh capital and nearby areas.The early morning visibility was zero, affecting flights and arrival of trains at the Charbagh railw...

Flyers be warned: You could be arrested if drunk or found abusing on flight

Nov 27, 2014 at 09:52 | Source: FirstPost

Flyers be warned. Drunken behaviour or even smoking aboard a domestic flight could get you offloaded and arrested. And in extreme cases, you could be tied down to your seat till the flight can land safely at its destination. Of course these restraini...

Lok Sabha passes bill to set second Central university in Bihar

Nov 26, 2014 at 21:13 | Source: FirstPost

New Delhi: Lok Sabha today passed a bill to set up one more Central university in Bihar, with the government saying it was fulfilling the wish of the people. The Central Universities (Amendment) Bill, 2014, was first introduced by HRD Minister Smriti...

IndiGo to expand international and domestic network, daily flights to Dubai on the anvil

Nov 26, 2014 at 20:38 | Source: FirstPost

New Delhi: Expanding its international network, budget carrier IndiGo today announced the launch of flights to Dubai from Kozhikode and Bengaluru from next year. Besides, the airline would also add one more frequency on the most sought after Mumbai-D...

Only 9 routes profitable: Air India's report card shows how it failed

Nov 25, 2014 at 18:00 | Source: FirstPost

New Delhi:Air India operates close to 370 daily flights, of which about 120 are to international destinations. So what Minister of State Mahesh Sharma said today in a written reply to the Lok Sabha is a bit of a shock: he mentioned only three interna...

Canceled flight, interview tantrums, whining to Jaitley: Didi's Delhi jaunt reveals her lost status

Nov 19, 2014 at 10:50 | Source: FirstPost

I am a small fry. I am a commoner, said Mamata Banerjee in Delhi during the Nehru 125 celebrations when asked about leading a Federal Front.To her chagrin, many might have taken her at her word.Mamata Banerjee usually arrives in Delhi as SuperMamata ...

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