The SpiceJet is going in for an image makeover with its strong workforce switching to a "redder, hotter and spicier" new uniform starting today, a release said.
Aviation security watchdog BCAS has suspended the licence of budget carrier IndiGo's aviation security training centre for lapses in its examination system as the same set of question papers were repeated for many months.
Bullish on growth prospects, budget carrier SpiceJet today said it expects to complete negotiations and place orders for new aircraft this fiscal ending March.
To avail the discount under the scheme, the defence, paramilitary and police personnel and their families would have to carry valid identification proof while travelling, a release said.
At least 19 of them have already got green light from market regulator Sebi to launch their Initial Public Offers (IPOs), while draft IPO papers of eight firms are "under process" and may be cleared soon.
Without disclosing the details of clarifications sought, the Securities and Exchange Board of India (Sebi) has said it's awaiting response from lead manager for the proposed public offer.
"The company, at that time, had also conveyed the non-executive position of the then promoter of the company. No outcome of such communication have been communicated to the company by the relevant authorities," the filing said.
Additional Chief Metropolitan Magistrate Pritam Singh issued summons to Maran, the company and its Managing Director S Natrajhen after taking cognizance on two complaints filed against them by the IT Department. The court directed them to appear before it on August 21.
Air India has asked the Government to "reconsider" the proposed easing of 5/20 rule which will help new airlines to fly overseas without serving much on domestic routes, saying the move will be "detrimental" not only for the national carrier but also against the other established players.
The move would help the Gurgaon-based airline to increase its ancillary revenue by a significant extent. SpiceJet Assist is a service that provides assistance to passengers at the airport for both departure and arrival and comes at an introductory fee of Rs 500 per passenger per sector, the airline said in a statement.
"SpiceJet has paid a part payment of Rs 25 crore to the Airports Authority of India towards the dues it had accumulated due to the cash crunch last year," sources told Media here on Wednesday. The AAI received the part payment of around Rs 300 crore dues yesterday, they said.
The airline is also on course with its plan for becoming profitable by 2018, Jet Airways Chief Executive Officer Cramer Ball said.
The bookings under the three-day "Super Sale" offer can be made from today for a travel period between February 15 to June 30, SpiceJet said in a release. The offer comes two days after its competitor AirAsia India announced a discount fare scheme with a seven-day booking window period.
Tigerair's Rs 10 one-way fare offer to Singapore would be applicable only on round trip tickets from India, under which the fare could be as low as Rs 7,499 including taxes, the airline said in a statement.
"The government has envisaged an investment of USD 12.1 billion in the airport sector during the 12th plan period (2012-17), of which USD 9.3 billion is expected to come from the private sector for construction of new airports, expansion and modernisation of existing airports and development of low cost airports," Singh said.
GoAir had seen a growth of 25 per cent in passenger traffic by November this year by improving its seat capacity. To a question on air fares, De Roni said he did not expect the airlines to cut fares at this stage due to cost-structure.
Budget carrier SpiceJet is in advanced stage of discussion with a potential investor for stake sale and expects the negotiations to be concluded soon. "Discussions are going on with a foreign carrier. We hope to conclude these negotiations expeditiously," a source said.
Low cost carrier AirAsia applied for a no objection certificate (NOC) to start its operations in India along with Tata Group, said AirAsia CEO Tony Fernandes.
Budget carrier AirAsia will aggressively grow in India with its fleet of 10 aircrafts a year, said Tony Fernandes, the company's chief executive. The airline is expected to resume its services from Q4 of 2013.