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PTI
April 11, 2021
\"India has finalised an air bubble agreement with Sri Lanka, making it the 6th such arrangement in SAARC region and the 28th in total,\" the Civil Aviation Ministry said


Shailendra Shukla
New Delhi, April 10, 2021
Fuel demand contracts 9.1% in FY21; first since 1998-99India's fuel demand contracted by a massive 9.1 per cent in the financial year ended March 31, the first in more than two decades, as a stringent lockdown imposed to curb the spread of the pandemic pummelled economic activity, government data showed on Friday. This is the first time that the fuel consumption has contracted since 1998-99, the most historical year for which government data is available. The demand contraction was led by di...


BusinessToday.In
March 26, 2021
Centre is planning to invite financial bids for the privatisation of Air India by end of this month. Plan is to wrap up disinvestment process in second half of current calendar year


BusinessToday.In
February 4, 2021
Potential bidders are attributing zero value to the equity of the financially troubled company, with the Tata Group deemed to be a frontrunner for taking over Air India


Rupa Burman Roy
January 29, 2021
SBI, HDFC, Asian Paints and M&M were among the top losers while IndusInd Bank, M&M, Bajaj Finance and RIL traded as the top gainers today


BusinessToday.In
January 28, 2021
The recovery in air travel in India amidst the pandemic has been much speedier than in other markets, Boeing India President Salil Gupte said.


Reuters
January 10, 2021
Indonesia's Navy had pinpointed the site of the missing aircraft and ships had been sent there, a Navy official said. Authorities did not say whether they believed there were survivors


BusinessToday.In
January 9, 2021
According to the flight tracking data, the aircraft appeared to have taken a steep dive just four minutes after it had taken off. Rescuers have stated that they found suspected debris in a water body north of Jarkarta


Reuters
December 17, 2020
The new \"Global Engagement Pilots\" will act as instructors or cockpit observers on 35-day assignments at an equivalent annual salary that could reach $200,000, for a total potential cost of $32 million, one of the people said


Reuters
November 28, 2020
Unwanted jets have become an emblem of pandemic-induced problems in the aerospace industry that have come on top of a chill in ties between two of its major players


Reuters
November 22, 2020
The head of the European Union Aviation Safety Agency (EASA) said in remarks aired on Saturday that the 737 MAX was safe to fly after changes to the design of the jet that crashed twice in five months in 2018 and 2019, killing 346 people


Shailendra Shukla
New Delhi, November 19, 2020
Noida authorities conduct random coronavirus tests on commuters from Delhi Amid an increase in the number of coronavirus cases in Delhi, the administration of Gautam Buddh Nagar, adjoining the National Capital, in Uttar Pradesh, started random Covid-19 testing of Delhi to Noida commuters on Wednesday. Gautam Buddh Nagar health officials were deployed at two key Noida-Delhi borders on Wednesday, where they started random Covid-19 testing of people coming from Delhi. This decision came during...


Reuters
November 19, 2020
The 737 MAX crashes in Indonesia and Ethiopia killed 346 people within five months in 2018 and 2019 and triggered a hailstorm of investigations, frayed U.S. leadership in global aviation and cost Boeing some $20 billion


Manu Kaushik
November 13, 2020
Analysts believe that airlines are currently operating at 50-55 per cent capacity on the domestic segment, and they are hoping that by the end of 2020, the domestic capacity should reach 75-80 per cent


Chitranjan Kumar
November 11, 2020
SpiceJet Q2 results: Total expenses of the company declined by 60 per cent to Rs 1,418 crore as against Rs 3,536 crore in the corresponding period last year


BusinessToday.In
New Delhi, November 11, 2020
Cadbury's latest ad puts spotlight on local stores, wins hearts!; The world's largest fund - $100 billion SoftBank Vision Fund (SVF) - is looking at second generation entrepreneurs in India such as Myntra's Mukesh Bansal and Flipkart's Sachin Bansal for its new round of investing in the country; Amazon Prime Video announces India debut in sports live streaming; to take on Sony, Star. watch this and more news on News Blast.Also Read: Netflix, Hotstar, Prime Video, other digital platforms now under I&B ministry


Shailendra Shukla
New Delhi, November 11, 2020
Netflix to make television debut with subscription-based channel 'Direct' Netflix is ready to make its debut on television in France with a subscription based channel called 'Direct'. The decision to choose France is a result of the country's consumption of traditional TV. This new linear feature may also appeal to older demographics that make up a significant portion of households in France. According to reports from Variety, the channel will air French, international and US feature films ...


Shailendra Shukla
New Delhi, November 11, 2020
Netflix to make television debut with subscription-based channel 'Direct' Netflix is ready to make its debut on television in France with a subscription based channel called 'Direct'. The decision to choose France is a result of the country's consumption of traditional TV. This new linear feature may also appeal to older demographics that make up a significant portion of households in France. According to reports from Variety, the channel will air French, international and US feature films ...


Reuters
October 17, 2020
The Malaysian airline, the long-haul arm of AirAsia Group Bhd , said this month it wanted to restructure 63.5 billion ringgit ($15.32 billion) of debt and slash its share capital by 90% to continue as a going concern


BusinessToday.In
New Delhi, October 17, 2020
COVID-19 led to largest global economic contraction in 80 years: World Bank, IMFThe World Bank and the International Monetary Fund said the global economic contraction caused by the ongoing coronavirus pandemic is the largest in the last eight decades, raising the world poverty rate, exacerbating inequalities and damaging long-term economic growth prospects. The WB and IMF concluded their annual meeting here on Friday, which heavily revolved around the impact of COVID-19.India gained over a...


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