Air India Staff Bidding For Airline Not To Handle Policy Matters: Report

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National carrier Air India has directed all its employees, who have submitted an expression of interest (EoI) for participating in the bid for strategic disinvestment of the airline, to refrain from handling policy and other strategic matters. Air India, in an office order dated December 16, also asked the employees who are participating in the consortium for submitting an EOI...

Tata Group Formally Joins Race For Air India

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Tata Group filed an Expression of Interest for Air India to the Disinvestment Ministry on Monday and will now be expected to submit its financial bid within the next 15 days. This is just an expression of interest and not a financial bid and it has been submitted as the deadline ends today, Tatas told NDTV. An expression of...

Over 200 Air India Employees Bid For 51% Stake In Airline

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A group of 219 Air India Ltd. employees submitted a bid to purchase 51 per cent of the loss-making state-owned carrier. The remaining 49 per cent will be held by a financial partner, according to Meenakshi Malik, who is Air India's commercial director. Each employee will have to contribute at least ₹ 1 lakh ($1,360) toward the bid, she said. Air...

IndiGo bags 4 awards at Tata Institute of Social Sciences and LeapVault ‘CLO Awards India’

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Indigo airlines
New Delhi: In order to recognize individuals and corporates who have made significant impact through their Learning and Development programs, TISS LEAPVAULT Chief Learning Officer (CLO) Awards has announced IndiGo’s learning academy – ifly - a winner across four prestigious categories. IndiGo ifly, has been voted third time in a row with 4 awards including: Gold for our ‘Safety Training Adaptation...

Jet Airways Crisis: Bankruptcy Court Adjourns Hearing On Revival Plan To December 17

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The National Company Law Tribunal (NCLT) on Friday, December 11, adjourned the key hearing on the revival plan for grounded airline carrier Jet Airways. The bankruptcy court has now listed the matter for hearing on December 17 due to paucity of time. Jet Airways, once India's largest airline by market capitalisation,  plans to restart regular operations as a full-service carrier...

SpaceX Starship Prototype Explodes on Landing After Test Launch, Elon Musk Hailed Ascent as Success

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SpaceX's Starship prototype exploded while attempting to land on Wednesday after an otherwise successful test launch from the company's rocket facility in Boca Chica, Texas, live video of the flight showed. The Starship rocket destroyed in the accident was a 16-story-tall prototype for the heavy-lift launch vehicle being developed by billionaire entrepreneur Elon Musk's private space company to carry humans...

Delhi-Varanasi High-Speed Corridor: Laser Technique Adopted For Ground Survey

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In order to conduct the ground survey for preparing the detailed project report (DPR) of the proposed Delhi-Varanasi high-speed rail corridor, light detection and ranging survey (LiDAR) technique using laser enabled equipment mounted on a helicopter will be adopted, said the National High-Speed Rail Corporation Limited (NHSRCL). The aerial LiDAR survey technique was adopted for the Mumbai-Ahmedabad high-speed rail...

“Jet Airways 2.0” Plans To Resume Operations By Summer Next Year

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Grounded Jet Airways plans to restart operations as a full service carrier by the summer of 2021, its new owners have said. A consortium, led by the Dubai-based entrepreneur Murari Lal Jalan and Kalrock Capital, on Monday announced a revival plan for the ailing airline, which halted operations in April 2019 due to bankruptcy amid piles of debt. "The...

SpiceJet Boeing 737 Makes Hard Landing, Damages Runway Lights In Guwahati

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A SpiceJet Boeing 737-800 jetliner - SG-960 - on a flight between Bengaluru and Guwahati damaged three runway threshold lights as it touched down approximately 1,000 feet short of the normal landing zone on the runway. There were 155 on board, including two pilots and four cabin crew. "The flight was uneventful till approach and aircraft was cleared to land...

Navy Chief Says India To Get More Submarines, Pitches For 3rd Aircraft Carrier Too

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Navy Chief Admiral Karambir Singh on Thursday said the Indian Navy is moving towards procuring a number of key assets including six more submarines, and pitched for a third aircraft carrier even as he asserted that the force is fully ready to deal with any challenge including from China. Admiral Singh also said the COVID-19 pandemic and attempts to change...