Land acquisition for NOIDA Jewar Airport practically complete

The Uttar Pradesh government has awarded compensation of Rs 951.44 cr for the acquisition of 1,238 hectares required for the construction of the new NOIDA airport at Jewar on the outskirts of Delhi, Union Civil Aviation Ministry said. The land for which compensation has been declared comes to 99.8% of the private land that has […]

NSE seeks clarification from Jet Airways on Brit entrepreneur’s interest

The National Stock Exchange on Wednesday sought a clarification from Jet Airways regarding reports that a British entrepreneur has expressed interest in acquiring it. The NSE has asked Jet Airways whether such negotiations were taking place and whether it was aware of any information that has not been informed to both NSE and BSE. This […]

Boeing 737 MAX: Spicejet suspends 14 flights, offers refunds

India’s most aggressive low-cost carrier, Spicejet, said it has cancelled 14 flights today due to the grounding of multiple Boeing 737 MAX aircraft. The grounding is the result of a regulatory directive, which was prompted by an accident with an Ethiopian Airlines plane last week, the second Boeing 737 MAX to fall out of the […]

Tata company wins DoT license to provide in-flight connectivity

Air travelers in India will soon be able to enjoy Internet like they do on the ground, after Tatanet Services, a wholly owned subsidiary of NELCO Limited, won an in-flight, maritime connectivity licence from Department of Telecommunications. “The IFMC license will make it possible to have uninterrupted access to voice, data and video services while […]

Spicejet announces Hyderabad-Colombo, Chennai-Patna flights

India’s most aggressive low-cost airline SpiceJet announced new flights connecting Hyderabad to Colombo, Chennai with Patna and Surat, as well as six new flights under the UDAN scheme. It has introduced direct flights on the Hyderabad-Colombo-Hyderabad route with effect from April 15. SpiceJet is the first Indian budget carrier to service the route and will […]

SpiceJet announces 10 new UDAN flights in central India

SpiceJet, the most aggressive of India’s low-cost carriers, launched 10 new flights under the government-supported UDAN scheme, including eight to Gwalior and four connecting Bhopal. Gwalior will be SpiceJet’s 52nd domestic destination. The move will make the airline the only one to offer daily direct flights on several sectors, such as Gwalior-Hyderabad, Gwalior-Jammu, Gwalior-Bengaluru and Gwalior-Kolkata. […]

SpiceJet starts daily flights from Bhopal, Gorakhpur, Jaipur & Dharamshala

SpiceJet, the most aggressive low-cost airline in India, announced 12 new flights from March 31. The new daily flights connect towns such as Surat, Bhopal, Gorakhpur, Jaipur and Dharamshala to Mumbai and Delhi (see table below). It is also offering promotional fares starting at Rs 2,499 all in between Bhopal and Mumbai, Rs 3,299 on […]

L&T gets “mega” contract to construct an airport

Larsen & Toubro, India’s biggest construction firm, said it has secured a mega contract for design and construction of a major airport. Mega contracts are defined as those that will generate more than Rs 7,000 cr of revenue for the company. In October, Larsen & Toubro had won a Rs 3,036 cr order to build […]

Jet Airways outlines more cost-cutting as Q2 sees Rs 1,297 cr loss

Jet Airways managed to sequentially bring down its pretax loss by a smidgen due to its recently started cost cutting measures during the second quarter, and announced further measures to reduce losses. Even as revenue rose sequentially by Rs 170 cr in Jul-Sep quarter, total non-tax expenses rose by only Rs 144 cr, which had […]

SpiceJet becomes first Indian airline to start Hyderabad-Bangkok flights

Low-cost carrier SpiceJet said it will start new, daily flights from Hyderabad to Bangkok and Guwahati from Oct 10, becoming the first Indian airline to have a direct flight from Hyderabad to Bangkok, a popular holiday destination for Indians. Before this, people using Indian flights had to use a connecting flight from Delhi while traveling […]

Jet Airways to put cost-cutting measures before board on Monday

The board of directors of Jet Airways, the body that acts as the representative of all shareholders, will on Monday consider the cost cutting measures proposed by the management of the airline, the company said. “The Audit Committee and the Board of Directors at their meeting scheduled to be held on Monday, 27 August 2018, […]