Jet Airways launches daily service to Sharjah from Thiruvananthapuram
Thiruvananthapuram: Jet Airways has commenced daily flights from Thiruvananthapuram international airport to Sharjah, its tenth daily service from the country to the UAE and the 22nd Jet Airways se…...
View ArticleANZ to sell Oswal stake in Burrup Fertilisers to Apache for $560 mn
ANZ has struck a deal to sell a 65-per cent stake in Australia?s Burrup Fertilisers to US energy company Apache Energy for a discounted $560 million, the ammonia company formerly controlled by the Osw…...
View ArticleAir India to expand operations in summer
Even as pilots intensify strike calls over delayed salaries, cash-strapped Air India plans to expand its operations for the upcoming summer schedule (beginning April), increasing the number of flig…...
View ArticleEtihad, Qatar Airways in talks for minority stake in SpiceJet
Etihad Airways and Qatar Airways are in talks to acquire a minority stake in low-cost Indian carrier SpiceJet, the Business Standard today reported, citing sources familiar with the development. [via...
View ArticleSpiceJet to expand international operations
Low-cost airline SpiceJet will expand its overseas operations with flights to six countries, including Maldives, Saudi Arabia, Afghanistan, China, Hong Kong and Thailand, by the end of October this…...
View ArticleJet to operate daily Dubai-Mangalore flights from 3 January
India’s premier private carrier Jet Airways would operate daily flights between Mangalore in Karnataka and Dubai in the United Arab Emirates (UAE), beginning 3 January. The airline plans to o… [via...
View ArticleJet Airways announces launch of second Dubai flight
Jet Airways today announced the launch of its second flight to Dubai from New Delhi. The carrier’s new day service would fly between India and the financial hub of United Arab Emirates from 18 Janu…...
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Wipro shareholders approves de-merger plan
Wipro has confirmed that its shareholders have approved the company’s plan to de-merger or rearrange all businesses among Wipro Limited, Azim Premji Custodial Services Private Limited and Wipro...
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BofA-ML raises target price for Tata Motors by 26% to Rs 360
Bank of America Merrill Lynch raised its target price for Tata Motors stock by 26 per cent to Rs 360, and upgraded the stock from `neutral’ to `buy’, thanks to the strong performance by the auto...
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LIC launches two new policies; industry expects tough innings to continue
Life Insurance Corporation (LIC) has announced the launch of two new policies, viz. Flexi Plus and New Jeevan Nidhi. Flexi Plus is a unit linked insurance product that guarantees a lump sum benefit on...
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PM Manmohan Singh pitches for phased rationalization of energy prices
Energy prices in India are well below global prices, and thus there is need to undertake a phased rationalization of prices of energy products like coal and petroleum to bring them in line with global...
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SC turns down Sahara group’s stay plea
The Supreme Court of India on Monday turned down Sahara group’s plea seeking the apex court to pass an urgent order to restrain Securities & Exchange Board of India (SEBI) from taking any coercive...
View ArticleBahrain Air to file for liquidation amid rising debt
Bahrain’s privately-owned airline, Bahrain Air has grounded all its fleet yesterday and said that the company intends to file for voluntary liquidation due to financial losses as a result of volati…...
View ArticleAviation ministry withdraws Kingfisher?s overseas traffic rights
The aviation ministry has cited non-utilisation of the rights by Kingfisher as reason for withdrawal of the traffic rights [via Domain-b Aerospace] Follow us @enterpriseheat – lists / @sectorheat
View ArticleAustralian watchdog approves Qantas-Emirates tie-up
The regulator considers that the alliance is likely to result in public benefits through enhanced products and service offerings [via Domain-b Aerospace] Follow us @enterpriseheat – lists / @sectorheat
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AirAsia Looking for Flight Attendants for Indian Operations
A recent report has uncovered that AirAsia is seeking to recruit flight attendants for its operations in India. The recruitments would begin very soon. The airline has already called aspiring flight...
View ArticleLockheed Martin buys airport software services firm BEONTRA AG
Lockheed Martin Corp, the largest US defence contractor, yesterday said that it had acquired Germany’s BEONTRA AG, a provider of integrated planning and demand forecasting tools for airports around…...
View ArticleFlydubai expanding Indian operations; to add 3 new destinations
Flydubai, the low-cost Dubai-based airline is planning to add three more destination in India as more and more Middle East carriers look for increasing share of the Indian market. Flydubai w… [via...
View ArticleEmirate follows domestic carriers, offers cut-fare window for foreign travel
Following the lead of India’s domestic airlines, international carriers are also providing cut-fare windows for travellers out of India in what is considered the civil aviation industry’s off-seaso…...
View ArticleFlydubai open to investing in ?efficient? Indian carrier
Dubai-based low-cost carrier Flydubai on Monday said it was open to investing in an ”efficient Indian airline”. The carrier said it currently does not have the mandate to expand inorganically, bu…...
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