Reliance is not among the parties that submitted an Expression of Interest (EoI) to the lenders for acquiring Jet Airways. One source, who did not wish to be identified, said it may join UAE-headquartered Etihad Airways in its bid at a later date
Jet has offered to offload between 32.1 per cent to 75 per cent stake to an eligible investor after evaluating all bids. Till now, the lenders have received expression of interest (EoI) from four-five parties. The process is expected to conclude by May 10.
Air India’s Chairman and Managing Director Ashwani Lohani said: “In tune with Air India’s role and responsibilities as the national carrier, we would be happy to alleviate this inconvenience by considering the possibility of operating a few B777 aircraft, on their established routes.”
Kannur International Airport (KIAL), the fourth in Kerala, will be dedicated to the nation on December 9. The airport will offer better access to travellers from north Kerala and parts of Karnataka like Coorg.
Domestic airlines have reported the number of technical snags they have experienced. Of them all, IndiGo's numbers jump out, because it first reported 340 odd snags and when rivals reported the number suspect, it was revised to over 14,000 snags.
New Delhi, Feb 24 (ANI): Union Minister of State for Civil Aviation Mahesh Sharma on Wednesday reacted over the price hike by private airlines in the time of crisis. He said it is a matter of serious consideration for them as well as for Prime Minister Narendra Modi. He further said that airlines should not increase their prices during the crisis period. He added that Air India has always played a social holistic role and acted in the same way during Nepal’s earthquake.