The government owned Air India has been undergoing a steady decline ever since it was nationalised. Air India faces a dilemma. It is owned by the Government of India, and all government functionaries, from Members of Parliament (MPs) to the lowest in the hierarchy of government employees, treat the airline as their personal fiefdom. The management of Air India, also …Read More »
Daily Archives: December 7, 2008
British Airways plans cuts at Gatwick, merger with Malaysian Airlines?
As per a Bloomberg article, in the face of continuing declines in global air travel, British Airways Plc, Europe’s third- largest airline, will cut more than 100 jobs at London’s Gatwick airport as it reduces services there by 15 percent from mid-2009. The number of aircraft based at the airport will be reduced to 37 from 41, the Harmondsworth, England-based …Read More »
Jetlite’s Q2 loss at Rs 273cr, exceeds net worth
PTI reports, Jet Airways’ unlisted subsidiary, low-cost airline JetLite, had incurred a loss after tax of Rs 273 crore ($54.6 million) for the second quarter ended September 30, which made the accumulated losses of the erstwhile Sahara Airlines exceed its net worth. While declaring its results of the second quarter ended September 30, Jet Airways had said the subsidiary had …Read More »
British Airways commences London Hyderabad
British Airways commenced operations to Rajiv Gandhi International Airport (RGIA),Hyderabad, today. The new route provides a direct flight from Hyderabad to London Heathrow Terminal 5 and is aimed at the IT segment of Hyderabad, with its connections to 22 destinations in North America. British Airways will operate five weekly Boeing 777-200ER non-stop flights between Hyderabad and London, with a three …Read More »