Hard landing for airports as Covid-19 adds to woes
Even after the unprecedented chaos wrought by the Covid-19 pandemic settles, there’s turbulence ahead for the air travel industry.
air india
March 2020
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December 2019
November 2019
July 2019
Government allows NRIs to own 100% stake in Air India
In another attempt to sweeten the deal for buyers interested in Air India, the government has amended the FDI policy on investment in the flag carrier.
Why buyers will be wary of Air India
While the government has made various concessions for buyers interested in Air India, analysts still remain sceptical on the sale of India’s flag carrier, given the many riders that come with it.
Meeting the govt’s ₹1.05 lakh crore sell-off target
The easiest way to meet or even exceed the disinvestment target is for the government to reduce its stake to 49% in various central public sector units.
Consolidation: The winner takes it all
There is a new wave of consolidation across sectors in the economy. Should India be worried? Or, is it a rite of passage?
Sad some good airlines have disappeared: Branson
Virgin Atlantic founder Richard Branson says India is becoming an important part of his company’s growth, as the airline triples its seat capacity next year.
The road to disinvestment
If the government moves fast on strategic sale, consolidation among various public sector units, and bringing down its stake to below 51% in CPSEs, it may achieve its disinvestment target.
Indian carriers to buy 2,380 aircraft in 20 years
Even as Indian companies are ordering aircraft this winter to cope with increased demand, a forecast by aircraft major Boeing says that the industry is on a good course for the next two decades.
Qatar Airways, IndiGo seal tie-up
Akbar Al Baker, group chief executive of Qatar Airways, said the airline was keen on buying a stake in IndiGo, but the time was not right.
Domestic passenger traffic rebounds in May
India’s aviation sector reported a modest 2.8% YoY growth in passenger traffic in May, as Indian airlines added capacity led by budget-airline SpiceJet.
