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Prince Mathews Thomas

Chief Of Corporate Bureau

Moneycontrol

Prince Mathews Thomas heads the corporate bureau of Moneycontrol. He has been covering the business world for 16 years, having worked in The Hindu Business Line, Forbes India, Dow Jones Newswires, The Economic Times, Business Standard and The Week. A Chevening scholar, Prince has also authored The Consolidators, a book on second generation entrepreneurs.

Working on leaner cost structure, raising additional revenue to minimise COVID-19 impact, says Vistara

BUSINESS

Working on leaner cost structure, raising additional revenue to minimise COVID-19 impact, says Vistara

The JV airline between Tata Sons and Singapore Airlines had incurred a loss of Rs 1,814 crore in FY20

Here's why this entrepreneur getting nod to make aircraft seat covers is a big deal for Indian aviation industry

BUSINESS

Here's why this entrepreneur getting nod to make aircraft seat covers is a big deal for Indian aviation industry

Epsilon Aerospace, founded by Vikram Handa, has got the DGCA approval but a bigger challenge lies ahead.

Check-in baggage limit to be reset to 15kg, after latest notice from Ministry of Civil Aviation

BUSINESS

Check-in baggage limit to be reset to 15kg, after latest notice from Ministry of Civil Aviation

As per the SoP released on May 21, the limit was 20 kg.

Tata vs Mistry:  Shapoorji Pallonji Group's comment on Tata's aviation business may have touched a nerve, but is it correct?

BUSINESS

Tata vs Mistry: Shapoorji Pallonji Group's comment on Tata's aviation business may have touched a nerve, but is it correct?

Both Vistara and AirAsia India are yet to report profits. But is it fair to single them out?

How Tata Steel woes and a Rs 2 crore aid in 1920s gave Shapoorji Pallonji entry into Bombay House

BUSINESS

How Tata Steel woes and a Rs 2 crore aid in 1920s gave Shapoorji Pallonji entry into Bombay House

Decades later, it's Tata Steel again that has featured in Shapoorji Pallonji's exit. While the Mistry family has highlighted the issues at Tata Steel, the Tatas have reiterated that the problem has shrunk

When Cyrus Mistry chalked up a shock victory in Tata feud

BUSINESS

When Cyrus Mistry chalked up a shock victory in Tata feud

While Mistry had taken a moral high ground after the shock NCLAT verdict in December 2019, the tables may have turned now.

Delhi-Mumbai back as busiest air route, sees highest growth in September

BUSINESS

Delhi-Mumbai back as busiest air route, sees highest growth in September

Since domestic flights resumed in May after the coronavirus-imposed lockdown, non-metro routes have been the busiest.

Bihar Assembly Elections | This is why SpiceJet's new Darbhanga service could feature in upcoming polls

BUSINESS

Bihar Assembly Elections | This is why SpiceJet's new Darbhanga service could feature in upcoming polls

SpiceJet will start services to Darbhanga, which also gets a new airport, from November

Like A Boss: Rama Kirloskar on why nature can be the best inspiration for doing business, and the advantage of 'neural plasticity' when it comes to management style

BUSINESS

Like A Boss: Rama Kirloskar on why nature can be the best inspiration for doing business, and the advantage of 'neural plasticity' when it comes to management style

Rama Kirloskar, the Kirloskar scion and Managing Director of Kirloskar Ebara Pumps Limited, talks about the importance of having a team that includes both seniors and youngsters, and of giving opportunities that force colleagues out of their comfort zone

Hong Kong suspends Air India from operating flights till October 3

BUSINESS

Hong Kong suspends Air India from operating flights till October 3

This is the second such instance in a little over a month

Exclusive | COVID-19 impact: BlueDart springs a surprise, beats SpiceJet, IndiGo to become No. 1 air cargo carrier

BUSINESS

Exclusive | COVID-19 impact: BlueDart springs a surprise, beats SpiceJet, IndiGo to become No. 1 air cargo carrier

Though IndiGo was dominating the segment till March, data available till June shows BlueDart Express disturbing the apple cart, even putting to silence SpiceJet's claims of being the number one

Dubai suspends Air India Express operations for flying COVID-19 positive passenger

BUSINESS

Dubai suspends Air India Express operations for flying COVID-19 positive passenger

The suspension will be from September 18 to October 2

Explained | Aircraft (Amendment) Bill 2020 gives teeth to DGCA, just like Companies Act 2013 did to SFIO

BUSINESS

Explained | Aircraft (Amendment) Bill 2020 gives teeth to DGCA, just like Companies Act 2013 did to SFIO

The 2013 Act empowered the Serious Fraud Investigation Office to make arrests. In a similar manner, the DGCA will now be empowered to keep a closer check on erring airlines and airport operators

The many fights of the Kirloskar brothers. Who will win the next round?

BUSINESS

The many fights of the Kirloskar brothers. Who will win the next round?

SEBI may soon pass an order on a case that has opened up another battlefront in the war between the three brothers. Will it be Sanjay Kirloskar, or his brothers Atul and Rahul, who will end this round with a smile?

Air India Express crash: A year earlier, an Etihad flight's narrow escape at Kozhikode airport was a wake up call

BUSINESS

Air India Express crash: A year earlier, an Etihad flight's narrow escape at Kozhikode airport was a wake up call

But there is little to show if anything was done to overcome shortcomings of the airport's infrastructure

Air tickets refund: Airlines are returning booking amount of flights cancelled during lockdown. But there's a catch

BUSINESS

Air tickets refund: Airlines are returning booking amount of flights cancelled during lockdown. But there's a catch

IndiGo has said its credit shell balance is down to 25-30 percent of the total bookings. But it's not the same for all airlines

In pics | This pilot couple together built a career, and a life, from the age of 19

TRENDS

In pics | This pilot couple together built a career, and a life, from the age of 19

Sneha Bhanot and Ayush Mahajan are commanders in Air India.

IndiGo slashes salaries again, CEO Ronojoy Dutta takes 35% cut

BUSINESS

IndiGo slashes salaries again, CEO Ronojoy Dutta takes 35% cut

The second round of salary cut comes a week after the airline announced a 10% layoff

Steel demand may get back to normal levels by Q4FY21: JSW Steel Jt MD

BUSINESS

Steel demand may get back to normal levels by Q4FY21: JSW Steel Jt MD

Though the demand plummeted by over 90 percent in April, it has gradually improved, JSW Steel's Jt MD and Group CFO Seshagiri Rao said

Jet Airways insolvency: FSTC-led consortium promises $100 million initial investment to revive airline

BUSINESS

Jet Airways insolvency: FSTC-led consortium promises $100 million initial investment to revive airline

The consortium has also got the backing of serial entrepreneur Ajay Relan.

SpiceJet says it has won rights to fly to the US, UK: Is it a big deal and other questions answered

BUSINESS

SpiceJet says it has won rights to fly to the US, UK: Is it a big deal and other questions answered

Industry observers point to Vistara, which had got similar designations done over a year ago, but is yet to start flights to the US and the UK

International flights: After US, SpiceJet now gets flying rights to the UK

BUSINESS

International flights: After US, SpiceJet now gets flying rights to the UK

It is yet unclear when the airline will operate these flights

China saves the day for JSPL as it returns to black in Q1

BUSINESS

China saves the day for JSPL as it returns to black in Q1

The raging anti-China sentiment notwithstanding, JSPL has latched on to the export opportunity in the country, and other markets like Europe, to post a record quarterly EBITDA

Air India pilots say June salary received, but allowances cut by 80%

BUSINESS

Air India pilots say June salary received, but allowances cut by 80%

Pilots allege there have been deeper cuts in both allowances and basic pay, in some cases, than was indicated by the management or the civil aviation ministry.

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