‘Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the......
The Tata group-owned Air India will induct over 90 aircraft in two years as it looks to widen its footprint and grab a larger market share. Photograph: Amit Dave/Reuters The plan includes 56......
The Tata group may have to deploy upwards of $1 billion to improve the airline’s passenger reservation system, upgrade and refurbish Air India’s fleet, primarily the wide-body aircraft......
With cash shortage and plans going awry, the AirAsia owner is looking to cash out of the venture he built with Ratan Tata in 2013. Arindam Majumdar reports. Last September, Tony Fernandes, owner......
Aircraft lease rentals are fixed costs and account for around 15 per cent of an airline’s expense and since these are paid in dollars are also subject to currency fluctuations. Domestic......
'Boeing has returned some cash to the airline which will help it improve the current liquidity crisis.'Arindam Majumder and Aneesh Phadnis report. Several long-term business partners of Jet......