The Asia Pacific region, IATA said, is critically held back by the impact of China's zero COVID policies on travel.
The emergency landing was carried out due to a hydraulic failure, the DGCA reportedly said. All the 197 passengers onboard were evacuated safely after the plane landed.
The AGM has been called to discuss the adoption of audited financial statements and the re-appointment of Ajay Singh as a director on the board, a regulatory filing said.
In retrospect, it is clear that the consortium that bid for and bagged the rights to revive the airline underestimated the financial requirements of the task they had undertaken
Air India's market share in the domestic market will jump from around 9 percent in October 2022 to around 27 percent after the amalgamation. Vistara and Air Asia India currently control 9.2 and 7.6 percent of the current market share.
The promoters of Air India and Vistara, Singapore Airlines (SIA) and Tata Sons, on November 29 announced, that they have agreed to merge Air India and Vistara in a deal, where SIA plans to invest Rs 20,585 million ($250 million) in Air India to acquire 25.1 percent stake in the enlarged Air India group.
The merger, which is aimed to be completed by March 2024, will give SIA a 25.1% stake in an enlarged Air India group with a significant presence in all key market segments.
The project of making IGIA a global hub airport is a “work in progress”, with both Scindia and aviation secretary Rajiv Bansal having held several meetings with stakeholders on the issue, according to reports.
An airline’s punctuality is based primarily on how many flights it operates at the country’s top four airports.
Jyotiraditya Scindia said the aviation industry has received a boost with added infrastructure, pointing out that more regional and last-mile connecting flights have been started, especially linking the northeast region of the country.
Air traffic still remains below pre-COVID levels. In October 2019, domestic airlines flew 123.16 lakh passengers against 114.07 lakh this October
A year-and-a-half after the NCLT approved Jet Airway’s resolution plan, the Jalan-Kalrock consortium has failed to pay up, forcing lenders to reevaluate their options, bankers say
The Latam Airlines jet collided with the truck on the runway while taking off from Lima on Friday
Eight years after acquiring the Chinese planes that Nepal Airlines had hoped to fly on underserved mountain routes, the carrier has decided it doesn't want the albatross around its neck anymore.
SpiceJet has started operating flights to Rome and Milan from Amritsar and is the only Indian airline flying direct to Italy. If the route succeeds, it could pave the way for more such flights.
As part of the new proposal, airport slots will be reallocated every 'season' or every six months to airlines, departing from the current practice of reviewing it after a year.
Jalan-Kalrock consortium had reportedly informed lenders in last meeting that it would not be make additional payments for PF and gratuity dues of over Rs 250 crore.
The International Air Transport Association (IATA) is a grouping of international airlines.
According to a statement released by the airline, these inaugural flights will carry a payload of more than 20 tonnes on each leg.
The government is looking to make it mandatory for airlines in India to use sustainable aviation fuels, Rajiv Bansal, secretary in the ministry of civil aviation, said while addressing IATA Aviation Energy Forum
"With more connectivity to different parts of the country, Hubballi and its neighbouring regions will witness overall development. New connections from Hubballi will not only promote tourism and trade but also make travel affordable with the addition of capacity," chief strategy and revenue officer Sanjay Kumar said.
The airline also operates flights to Bangkok from Delhi and Kolkata.
The pandemic easing could have revived the aviation sector but a number of woes are weighing down the sector, a choked supply chain being the latest woe. Investors should keep the strong ones in sight
There are two deadlines which the Jalan-Kalrock consortium has to meet and as things stand, it looks to be in danger of missing both.
Major brands such as General Mills Inc and luxury automaker Audi of America said on Thursday they have paused advertising on Twitter, days after the social media platform was acquired by billionaire Elon Musk for $44 billion.