Air India is an enigma. It was the first airline in the world with an all jet fleet, ahead of the Americans and Europeans. From being the epitome of luxury, grace and hospitality, the palace in the skies, the airline is, today, a bottomless pit swallowing crores of tax-payer rupees. This despite having one of the most modern wide-body fleets …
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March 13, 2014, the entire aviation world was generally concerned due the recent disappearance of Malaysia Airlines flight MH370 a mere five days earlier. In this mix, add two very absent minded pilots of Jet Airways who were flying the airline’s flagship, the Boeing 777-300ER, registration VT-JEG, performing flight 9W 117 from London Heathrow to the airline’s main hub in …
Read More »by Devesh Agarwal On Tuesday, beleaguered Indian carrier, Jet Airways cleared its final hurdle in its $397 million quest to sell a 24% stake to Abu Dhabi based Etihad Airways PJSC, when the Competition Commission of India (CCI), cleared the deal paving the way for the Naresh Goyal promoted Jet to receive desperately needed cash from the deal. The Union …
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The announcement that AirAsia is joining hands with the Tatas and Bhatias with the intention to start a new airline in India will put the a significant policy dilemma in front of the Government of India related to foreign direct investment (FDI) in civil aviation by foreign airlines, and might just land-up derailing the goals of the fledging policy. While …
Read More »I recently came across an article by noted Indian journalist T.N. Ninan, titled “Do-gooder economics and the Lokpal“. It got me thinking; by most economic logic, national carrier Air India should have been wound up ages ago. The carrier has annual losses crossing $1.4 billion (Rs.7,000 Crore) and accumulated debt now approaching $10 billion. Now, the government wants to inject …
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Bangalore Aviation News, Reviews, Analysis and opinions of Indian Aviation