Airlines
Mumbai's Chhatrapati Shivaji Maharaj International Airport has faced a series of aircraft landing mishaps in the last six years, with three planes skidding off the runway and getting stuck in slushy ground. The most recent incident involves a Turkish Airlines Airbus A340-300, a fly-by-wire aircraft that is notoriously
Airlines
Continuous heavy rain and emergency landings have caused chaos at Mumbai airport, resulting in serial delays and cancellations of international and domestic flights. The main runway was closed after a Turkish Airlines plane got stuck in the mud, and despite efforts to make it operational by 5pm Saturday, the heavy
Airlines
The Puducherry administration has finalized plans to commence domestic operations from the newly enlarged airport at Puducherry, with low-fare operator Spice Jet set to launch services to Bangalore on 10 October. Spice Jet has received clearance from the Ministry of Civil Aviation to operate the flight. Air India, Jet Airways,
Airlines
Hurricane Irene's impact on the eastern US coast is causing widespread disruptions in travel plans for passengers from Chennai, particularly those scheduled to fly on Saturday and Sunday. Jet Airways, Lufthansa, and Air India have canceled multiple flights to New York, Newark, and Washington due to US airport
Airlines
A close scrutiny of the minutes for appointment of the CMD, Air India, has revealed a shocking and appalling subversion of all norms of appointment by the Prime Minister's office. In 2008, the Search Committee, presided over by K.M. Chandrasekhar, Cabinet Secretary, and attended by senior officials,
Airlines
Tourism Australia sees the development of a cost-competitive and sustainable Flying Kangaroo, while Qantas's plan to increase profits through business restructuring and investments has sparked debate among unions and the tourism industry. Managing Director Andrew McEvoy highlights the airline's five-year plan to improve competitiveness, which will
Airlines
Japan's economy has shown signs of struggle following the March 11 disaster, with a 1.3% annualized contraction in the second quarter compared to the January-March quarter. The disruption in the supply of key parts has led to a decline in exports, while private consumption remains sluggish. Meanwhile,
Airlines
Air India's recurring defaults are a credit negative for its lenders, including State Bank of India (SBI) and Punjab National Bank, according to Moody's Investors Service Inc. The state-owned carrier, seeking a total equity support of '42,920 crore till fiscal 2021, including guarantees for
Airlines
Air India's financial woes have triggered a warning from Moody's Investor Services, indicating that a default by the flag carrier could have significant implications for its lenders, including State Bank of India, Punjab National Bank, and Bank of Baroda, which collectively account for 70% of Air
Airlines
The Comptroller and Auditor General (CAG) report on the Commonwealth Games has exposed the Delhi government and the Prime Minister's Office for letting sacked Organizing Committee chairman Suresh Kalmadi control preparations for the international event. The report, which has been made public, is a 743-page glossy publication peppered
Airlines
Turkish Airlines, the country's flagship carrier, is poised to expand its operations in India significantly in 2012, doubling its weekly services to 28 and making Hyderabad its third destination in the country. The move is part of the airline's broader strategy to tap into the rapidly
Airlines
The Indian government has approved an equity investment worth Rs 2.65 billion to help Air India pay its bank dues, thereby avoiding a non-performing asset (NPA) status. The national carrier received the funds from the Ministry of Finance, which will enable Air India to pay interest dues to banks
