
SpiceJet hikes captains' salaries to ₹7.5 lakh per month; share zooms 6%
Budget airline had last hiked pilots' salaries in November 2022; new structure will be applicable from May 16
Budget airline had last hiked pilots' salaries in November 2022; new structure will be applicable from May 16
As Tata-run Air India embarks on one of the biggest transformations in aviation history, a festering and rising resentment threatens the plan
Air India recently placed the biggest aircraft order in aviation history for 470 aircraft from U.S. aircraft maker Boeing and French aerospace major Airbus
Deal to allow travel agents and corporations to access Air India's fares and seats via Sabre’s travel marketplace; airline to also use Sabre’s consultancy expertise
According to the airline, while many initiatives regarding this have been completed, several more are in advanced stages towards completion.
Air India issues a statement, saying it has taken "serious note" of the incident and an investigation has been launched.
After the merger, Tata Sons will hold 51% of total equity share capital of merged entity, and will retain control over Air India and its subsidiaries
Private airline IndiGo commands the largest market share at 55.2%; followed by Air India at 8.9%; and Vistara at 8.7%
Earlier this month, Air India scripted history by announcing to buy 470 aircraft—250 from Airbus and 220 from Boeing—for a total value of $80 billion.
Air India had earlier placed the biggest aircraft order ever to buy 470 planes from Boeing and Airbus.