June 27, 2003 |
BANGALORE: As the season for student traffic to the West for higher studies nears, British Airways has jumped in, with an attractive one-way fare of about Rs 29,000-30,000 for the US and Canada from Delhi, Mumbai, Chennai and Kolkata, along with a 96 kg baggage allowance. For travellers from Bangalore, Hyderabad, Pune and few other cities, the fare will be Rs 4,000 more than the metros. Student movement is typically concentrated around July-September, and South India is a major contributor to this market.
August 10, 2010 |
NEW DELHI: In a setback to foreign carrier companies, the Bombay high court has ruled that delayed payment of foreign travel tax (FTT) could attract penalty under the provision of the Finance Act, 1979. Rejecting the plea of petitioners Malaysian Airlines, Saudi Arabian Airlines, North West Airlines and Kenya Airlines the court on Monday said that the power to impose penalty under section 38(3) of the act could be exercised only in case of "failure to pay the tax" and not where there is only a delay in the payment of tax. A bench comprising Justice KK Tated and Justice VC Daga said: " the said concept (failure to pay)
April 6, 2003 |
MUMBAI: At a time when airlines world over are going through a major financial crunch and cutting costs due to fall in the passenger loads, Jet Airways has decided to appoint two foreigners as senior executives next month in place of a chief executive officer, who quit the airline less than six months ago. The airline, which completes 10 years on May 5, has taken on contract a chief executive officer and a chief operating officer instead of...
March 11, 2005 |
NEW DELHI: Enthused by the boom in domestic aviation, Magic Airlines, a start-up run by half-a-dozen professionals from Malaysian Airlines, is planning to launch a no-frills airline. The Delhi-based company has sought permission from the ministry of civil aviation for a $40m (Rs 180 crore) project to launch a domestic airline. While the company issued a statement saying that it has sought a 'no-objection' certificate from the ministry, industry sources said Magic Airlines is being supported by financial institutions (FIIs)
May 18, 2002 |
NEW DELHI: The government has allowed SriLankan Airlines to launch services to Bangalore. The Colombo-based airline currently offers flights to Chennai, Delhi and Thiruvananthapuram. This was decided during the recent bilateral discussions between the governments of India and Sri Lanka. According to civil aviation minister Shahnawaz Hussain, the Colombo-based airline would also operate services to Gaya to facilitate pilgrims to visit the Buddhist circuit. SriLankan is likely to connect Gaya with New Delhi and Bangkok.
November 29, 2008 |
NEW DELHI: Domestic airlines have cut back flights to and from Mumbai in the wake of the recent terrorist attack. The government on its part has put all airports in the western region of the country on high alert. The UB Group owned Kingfisher Airlines has combined some of its flights operating out of Mumbai. "We have decided to operate some of the flights jointly as we did on Friday. Our Mumbai-Delhi flight IT 331 may be combined with another Delhi flight IT 312. Similarly some of our daily flights to Bangalore- Mumbai and Bangalore- Delhi will also be merged together," the airlines spokesman said.
March 16, 2010 |
MUMBAI: It's a new turf for low-cost carriers (LCCs) where they are setting the rules of the game offering never-before rates with a lot more flight options. South-East Asia, the second-largest market for airlines from India ? with 30% of the total international travel coming from this market ? is set to witness a shakeout of sorts with LCCs challenging the dominance of traditional full-service network carriers like Singapore Airlines, Cathay Pacific and Thai Airways. A virtually non-existent LCC market had helped these carriers garner more than 50% of the market share from India till now. But with Malaysian and Singapore-based low-cost carriers eyeing the void in the Indian market, the dynamics are bound to change.
March 22, 2013 |
KUALA LUMPUR, Malaysia: Indonesia's top discount carrier, which catapulted into the global aviation spotlight with record deals to buy Airbus and Boeing planes, is taking the battle for Asia's budget-minded travelers to the backyard of the airline that helped pioneer low cost flights in the region. Lion Air, hardly known beyond Indonesia until giving Boeing and Airbus their biggest orders ever, made its first foray outside its home market with the launch Friday of Malindo Air in Malaysia, the base of AirAsia, which after a decade of rapid growth dominates cheap travel in the region.
September 13, 2002 |
While Mumbai and Delhi airports may never face any serious challenge to their lead positions in handling passenger and cargo traffic for a long time to come, Chennai the traditional gateway to the south is increasingly facing competition from new entrants like Bangalore, Cochin and Hyderabad. Bangalore, in particular is in a tearing hurry to gain the top slot in this region. Sectors with huge commercial interest in the region -- aviation, hospitality, auto, healthcare and most importantly IT -- are fuelling this drive.
July 8, 2003 |
BANGALORE: Air-India (A-I) has broken the price barrier to the US for its student audience from India. One-way special student fares have been brought down from Mumbai to as low as Rs 26,000-27,000 plus to some two dozen points in the US from this month. For students from Bangalore, the ticket will cost just around Rs 1,000 more than the standard Mumbai fare. For those aiming for a slot in colleges in Los Angeles and San Francisco, Malaysian Airlines has worked out a real steal from Bangalore of just Rs 23,800 (one-way)