What happened after Naresh Goyal and an investment banker hired by Jet Airways approached SBI in 2019? An excerpt from former SBI chairman Rajnish Kumar’s ‘The Custodian of Trust’.
Read more at
https://www.moneycontrol.com/news/trends/features/excerpt-what-really-happened-at-jet-airways-a-bankers-perspective-7619871.html
#airlines #aviation #BookExcerpt #books #SBI #JetAirways
Read more at
https://www.moneycontrol.com/news/trends/features/excerpt-what-really-happened-at-jet-airways-a-bankers-perspective-7619871.html
#airlines #aviation #BookExcerpt #books #SBI #JetAirways
Moneycontrol
Book Excerpt | What Really Happened At Jet Airways: A Banker's Perspective
In 'The Custodian of Trust', former SBI chairman Rajnish Kumar shows how bankers sometimes get a ringside view of the most spectacular corporate implosions of our times.
#Airlines | Vistara announced a reciprocal partnership for its frequent flyer program, Club Vistara with Lufthansa’s Miles & More frequent flyer program:
The partnership comes into agreement today
https://www.moneycontrol.com/news/business/vistara-lufthansa-enter-frequent-flyer-partnership-7634761.html?utm_source=telegram&utm_medium=social
The partnership comes into agreement today
https://www.moneycontrol.com/news/business/vistara-lufthansa-enter-frequent-flyer-partnership-7634761.html?utm_source=telegram&utm_medium=social
Moneycontrol
Vistara, Lufthansa enter frequent flyer partnership
Vistara and Lufthansa entered into a codeshare partnership in December 2019.
#Airlines | Winter schedule saw a reduction of 4.38% over the 2019 schedule. #IndiGo will operate to 71 destinations in India. ✈️
How are Go First, #SpiceJet doing? And what about regional players like Star Air and FlyBig?
Ameya Joshi gets us the deets
https://www.moneycontrol.com/news/business/companies/winter-schedule-indigo-consolidates-further-spicejet-shrinks-7663001.html?utm_source=telegram&utm_medium=social
How are Go First, #SpiceJet doing? And what about regional players like Star Air and FlyBig?
Ameya Joshi gets us the deets
https://www.moneycontrol.com/news/business/companies/winter-schedule-indigo-consolidates-further-spicejet-shrinks-7663001.html?utm_source=telegram&utm_medium=social
Moneycontrol
Winter Schedule: IndiGo Consolidates Further, SpiceJet Shrinks
SpiceJet sees a maximum reduction of 30 percent in operations. Among regional airlines, Star Air is further spreading its wings and will operate to 16 destinations. The real survival challenge is for the smaller players, who, with limited inventory, are spread…
Despite the air traffic gradually returning to pre-pandemic levels & #airlines operating at full capacity, hiring in the aviation sector continues to be slow with a mere 18-20 % recovery: Staffing firms
https://www.moneycontrol.com/news/business/hiring-in-aviation-sector-witnesses-gradual-pickup-to-gain-momentum-from-q4-experts-7677341.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/business/hiring-in-aviation-sector-witnesses-gradual-pickup-to-gain-momentum-from-q4-experts-7677341.html?utm_source=telegram&utm_medium=social
Moneycontrol
Hiring In Aviation Sector Witnesses Gradual Pickup, To Gain Momentum From Q4: Experts
The current trends show hiring in the sector is selective and partial to the technical side—for ground maintenance and IT infrastructure
With India recovering from the 2nd Wave, #tourism has been picking up in the last few months.
International forward bookings have jumped up nearly two times & there is over a 400% jump in advance bookings. ✈️🧳
Read more at https://www.moneycontrol.com/news/business/after-a-tough-two-years-travel-industry-sees-green-shoots-of-recovery-in-2022-7836941.html?utm_source=telegram&utm_medium=social
#airlines #aviation #Travel
International forward bookings have jumped up nearly two times & there is over a 400% jump in advance bookings. ✈️🧳
Read more at https://www.moneycontrol.com/news/business/after-a-tough-two-years-travel-industry-sees-green-shoots-of-recovery-in-2022-7836941.html?utm_source=telegram&utm_medium=social
#airlines #aviation #Travel
Moneycontrol
After A Tough Two Years, Travel Industry Hopeful Of Recovery In 2022
International forward bookings have jumped up nearly two times and there is over a 400 percent jump in advance bookings for the Christmas week online travel agents say. Here is a look at some of the emerging trends the industry is expecting next year.
Have you checked out #MCMinis yet? 🤔
They are quick explainers or short insights on topics that matter! They fit into the screenshot of your phone. It is that easy — and fast! ⚡️
Start exploring: https://moneycontrol.com/news/mcminis
#Business #Airlines
They are quick explainers or short insights on topics that matter! They fit into the screenshot of your phone. It is that easy — and fast! ⚡️
Start exploring: https://moneycontrol.com/news/mcminis
#Business #Airlines
IndiGo & the #AirFrance-#KLM combine announced a codeshare as the year is drawing to a close. Neither the choice of timing nor the partnership was surprising, but it can upset their partnership with #TurkishAirlines
Ameya Joshi ✍️ at
https://www.moneycontrol.com/news/business/economy/indigos-codeshare-with-air-france-klm-could-upset-its-partnership-with-turkish-7862541.html
#Airlines #Aviation #AirTravel
Ameya Joshi ✍️ at
https://www.moneycontrol.com/news/business/economy/indigos-codeshare-with-air-france-klm-could-upset-its-partnership-with-turkish-7862541.html
#Airlines #Aviation #AirTravel
Moneycontrol
IndiGo’s Codeshare With Air France-KLM Could Upset Its Partnership With Turkish
There is an overlap in the destinations that both foreign partnerships operate to India.
The ministry of civil aviation’s recent advisory to #airlines & #airports to play Indian music has caused amusement & concerns in equal measures. ✈️
Ashwini Phadnis reports at
https://www.moneycontrol.com/news/business/governments-music-advisory-to-airlines-airports-strikes-a-jarring-note-7879141.html?utm_source=telegram&utm_medium=social
#advisory #aviation #AviationMinistry #Indianaviationsector
Ashwini Phadnis reports at
https://www.moneycontrol.com/news/business/governments-music-advisory-to-airlines-airports-strikes-a-jarring-note-7879141.html?utm_source=telegram&utm_medium=social
#advisory #aviation #AviationMinistry #Indianaviationsector
Moneycontrol
Government’s music advisory to airlines, airports strikes a jarring note
The ministry of civil aviation’s recently advised airlines and airports to play Indian music
InterGlobe Aviation Ltd, which operates India’s largest LCC IndiGo has convened an EGM to present a resolution that removes restrictions on the transfer of promoter shares, among other things.
Read at
https://www.moneycontrol.com/news/business/is-this-the-end-of-indigo-promoters-feud-7879171.html
#airlines #Covid19 #dispute #EGM #India #IndiGo
Read at
https://www.moneycontrol.com/news/business/is-this-the-end-of-indigo-promoters-feud-7879171.html
#airlines #Covid19 #dispute #EGM #India #IndiGo
Moneycontrol
Is this the end of IndiGo promoters’ feud?
The two largest shareholders, Rahul Bhatia and Rakesh Gangwal, have convened an EGM to present a resolution that removes restrictions on the transfer of promoter shares, among other things. If it is accepted, it would end the dispute between the two.
A fresh airfare war appears to have broken out in Indian skies after almost 2 years as #airlines seem determined to prevent the grounding of their fleets or flying near-empty #aircraft amid uncertainty over the pandemic.
Read at
https://www.moneycontrol.com/news/business/is-this-the-start-of-another-price-war-in-the-indian-skies-7880221.html
#Omicronindia
Read at
https://www.moneycontrol.com/news/business/is-this-the-start-of-another-price-war-in-the-indian-skies-7880221.html
#Omicronindia
Moneycontrol
Is this the start of another price war in Indian skies?
Airlines are trying to attract passengers to fill seats that may have otherwise gone empty due to rising concerns over the spread of Omicron, experts said.
A fresh airfare war appears to have broken out in Indian skies after almost 2 years as #airlines seem determined to prevent the grounding of their fleets or flying near-empty #aircraft amid uncertainty over the pandemic.
Read at
https://moneycontrol.com/news/business/is-this-the-start-of-another-price-war-in-the-indian-skies-7880221.html
#Omicronindia
Read at
https://moneycontrol.com/news/business/is-this-the-start-of-another-price-war-in-the-indian-skies-7880221.html
#Omicronindia
Moneycontrol
Is this the start of another price war in Indian skies?
Airlines are trying to attract passengers to fill seats that may have otherwise gone empty due to rising concerns over the spread of Omicron, experts said.
The dynamics of Indian #aviation are set to change with #TataSons slated to take over the running of #AirIndia.
What are existing #airlines and soon-to-enter #AkasaAir & #JetAirways 2.0 doing to meet this changed environment?
Ashwin Phadnis finds out ⏬
https://www.moneycontrol.com/news/business/air-india-under-tatas-could-be-big-game-changer-for-indian-aviation-7938151.html?utm_source=telegram&utm_medium=social
What are existing #airlines and soon-to-enter #AkasaAir & #JetAirways 2.0 doing to meet this changed environment?
Ashwin Phadnis finds out ⏬
https://www.moneycontrol.com/news/business/air-india-under-tatas-could-be-big-game-changer-for-indian-aviation-7938151.html?utm_source=telegram&utm_medium=social
Moneycontrol
Air India Under Tatas Could Be ‘big Game-changer’ For Indian Aviation
IndiGo and SpiceJet will need to be wary of a revitalised Air India as they may have the most to lose in terms of domestic market share
Despite the rising #Covid19 cases & the 2nd wave, India's #VandeBharatMission kept Indian Aviation connected to the world & Air Travel remained open. Airplane
Ameya Joshi explains at
https://moneycontrol.com/news/business/companies/heres-how-vande-bharat-and-air-bubbles-are-keeping-indian-aviation-connected-to-the-world-7947421.html
#airbubblearrangement #airlines #coronavirus
Ameya Joshi explains at
https://moneycontrol.com/news/business/companies/heres-how-vande-bharat-and-air-bubbles-are-keeping-indian-aviation-connected-to-the-world-7947421.html
#airbubblearrangement #airlines #coronavirus
Moneycontrol
Here's How Vande Bharat And Air Bubbles Are Keeping Indian Aviation Connected To The World
The strongest of connections has been with the United States. Even when the US clocked a record number of cases, India did not classify that country as 'high risk'.
#Budget2022WithMC | Year after year, stakeholders in the #aviationsector draw up a wishlist they hope will be taken up in the Union Budget. But year after year it remains just that – a wish list.
Ashwini Phadnis ✍️
https://www.moneycontrol.com/news/business/fy23-budget-the-aviation-sector-fears-that-as-usual-it-will-be-much-ado-about-nothing-7992101.html
#2022Budget #airlines #aviation
Ashwini Phadnis ✍️
https://www.moneycontrol.com/news/business/fy23-budget-the-aviation-sector-fears-that-as-usual-it-will-be-much-ado-about-nothing-7992101.html
#2022Budget #airlines #aviation
Moneycontrol
FY23 Budget: Aviation sector fears it will be much ado about nothing, as usual
In the last two budgets, a large part of the allocations for the Civil Aviation Ministry went towards servicing the interest of the asset holding company in which Air India’s debts are parked and to acquire VVIP aircraft.