Air India cuts pay of executives |
24th Sep, 09
,
Financial Chronicle
|
Air India (AI) on Wednesday pared incentives to its senior staff, but left the strike-prone general staff untouched. The loss-making airline’s board approved a cut in productivity linked incentives (PLI) of about 7,000 executive-level employees, including pilots, engineers and executive cabin crew.
|
Jet Plans foreign visit to plug funds gap |
24th Sep, 09
,
Economic Times
|
Jet Airways, which recently suffered the worst pilot strike, has sought the government’s permission to sell shares to overseas investors to avoid loan defaults and violation of debt covenants, as it may not be able to raise entire funds through equity route from domestic investors.
|
Carriers need not undergo security drill on US routes |
24th Sep, 09
,
Economic Times
|
Indian carriers will not have to undergo any security drill while flying to the US destinations as it has met all safety-reacted norms specified by the American aviation regulator Federal Aviation Administration .The Indian aviation sector, which was under the scanner of the American agency, has finally retained the category-I status.
|
Carriers need not undergo security drill on US routes |
24th Sep, 09
,
Economic Times
|
Indian carriers will not have to undergo any security drill while flying to the US destinations as it has met all safety-reacted norms specified by the American aviation regulator Federal Aviation Administration .The Indian aviation sector, which was under the scanner of the American agency, has finally retained the category-I status.
|
More Indian airlines can now fly to US |
24th Sep, 09
,
Business Line
|
Kingfisher Airlines can now apply to the Government to start operations to the US while Air India and Jet Airways can think of American cities to which they fly.
|
Low-fare airlines offer sops to attract fliers |
23rd Sep, 09
,
Mint
|
With full-service airlines making inroads into the low-fare airspace, existing budget carriers are going beyond price advantage and handing out sops to attract and keep passengers.
|
Hotels may skip annual tariff revision this year |
23rd Sep, 09
,
Business Line
|
Hit by the slowdown and the resultant drop in occupancy levels, most hotels in the country may not revise tariffs this year. Usually, September-October is when hotels revise tariffs every year, as arrivals of foreign tourists peak during this time and sustain till mid-December.
|
Ryan Air's smoke-free cigarettes |
23rd Sep, 09
,
Financial Chronicle
|
Passengers flying with Irish budget carrier Ryan air and banned from smoking while on board can get their nicotine fix by inhaling ‘smokeless’ cigarettes, the airline announced this week.
|
AI to convert 5 Airbuses into low-cost carriers |
22nd Sep, 09
,
Business Standard
|
The National Aviation Company Ltd (Nacil), which runs state-owned Air India, is planning to convert five of its Airbus 320 planes into low-cost carriers under the Air India Express brand. The launches would be in the winter schedule and on 10 sectors.
|
Pranab reviews AI makeover plan |
22nd Sep, 09
,
Financial Chronicle
|
With Air India seeking a Rs 5,000-crore bailout package from the government, Finance Minister Pranab Mukherjee today reviewed the turnaround plan of the national carrier, including the steps it was taking to cut costs and improve savings.
|