The AirAsia web of global airlines continues to contract. The Japanese outpost halted operations earlier this year and the long-haul AirAsia X group could be forced to slash its A330neo order book in the face of massive debt and restructuring challenges. In India the operation, a partnership with Tata Group, also faces pressures and the parent operation is

Mangaluru: The airport areas are beyond the limits for videography, photography and flying objects. The airport here has a multi-layered security system to ensure this. However, at around midnight on Saturday, an object got airborne, flew into the airport territory and suddenly landed near the old runway. This incident gave rise to tense moments in

New Delhi: The Tata Group is hiking its stake in AirAsia India (AAIPL) from 51% to 83.67%. Tony Fernandes’ AirAsia group will have its stake reduced in this JV from 49% to 16.33%, accordingly. AirAsia Berhad informed the Malaysian stock exchange on Tuesday about selling its 32.67% stake in AAIPL to Tatas for about $37.7

New Delhi: The second phase of the strategic disinvestment of Air India will start on January 5, 2021 with the announcement of the names of the qualified bidders. The process has been divided into two stages. In stage I, expressions of interest (EoI) have been submitted by interested bidders and they will be shortlisted based

Member of Parliament of Rajya Sabha, Subramanian Swamy has written to civil aviation minister Hardeep Singh Puri, urging the government to disqualify Tata Sons from the Air India disinvestment process till a final decision on his plea against Tata Sons & Air Asia India is taken by the court. Swamy had first Tweeted the details

New Delhi: Finally, the debt-laden Air India sale is showing signs of taking off. The Tata Group, which has submitted an expression of interest (EoI) for Air India, is reportedly in serious discussion with Singapore Airlines (SIA), its joint venture partner in Vistara, as the $113 billion (about Rs 8.34 lakh crore) salt-to-software conglomerate is

After the airline battle in India’s skies, a battle for airports is brewing down on the ground. From having a private airport at Mundra to winning bids for six airports and then check-mating GVK to bag Mumbai and Navi Mumbai, Adani airports has started making a mark. While the Ahmedabad, Lucknow and Mangaluru airports have

Mohali: Private airlines IndiGo will resume its Dubai flight from Chandigarh international airport after eight months. Air India will resume the operations of Sharjah flight, but it will arrive at Chandigarh once a week on Saturdays and will leave from Delhi. An airport spokesperson said IndiGo will be operating Dubai flight every Monday. The flight

New Delhi: Though the Indian drug regulator DCGI is yet to give an emergency-use authorisation for any COVID-19 vaccine, the country’s largest airport in Delhi is gearing up to handle distribution of lakhs of vials under Project Sanjivani as early as next month. On Tuesday, Delhi Airport Chief Executive Officer Videh Kumar Jaipuriya said they

Air India staff unions are protesting what they call an ‘unfair’ pay cut and have demanded continuation of medical benefits and payment of arrears before privatisation of the company takes place. While the pilot unions have asked their members not to undertake extra duties, Air India Employees Union (AIEU) has sought a meeting with Civil Aviation Minister Hardeep